# Ben Liao

> Ben Liao is a pre-seed investor at Techstars backing Software and Commercial Real Estate. See 21 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Techstars](https://shizune.co/investors/profile/techstars)
- Location: Toronto, Canada
- Total investments: 21
- Last investment: May 2023
- Lead investor: 19%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/benliao
- X (Twitter): https://twitter.com/benliao
- Website: https://x.com/benliao

Ben Liao is a pre-seed investor at Techstars in Toronto focused on Software and Commercial Real Estate. Ben has nearly a decade of combined private equity, consulting and operational experience. He is the Managing Director of the first global PropTech Accelerator at Techstars. Prior to Techstars, Ben was at Ritual, a venture-backed technology company, where he was a member of the senior leadership team, focusing on creating growth strategies acrossthe U.S. and globally, and leading national partnerships focused on new market entry. Leadership Board at CREtech.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 29% |
| Commercial Real Estate | 5 | 24% |
| Real Estate | 4 | 19% |
| Real Estate Investment | 4 | 19% |
| FinTech | 3 | 14% |

27 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 6 | 29% |
| Seed | 4 | 19% |
| Series D | 1 | 5% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 4 | 19% |
| Singapore | 2 | 10% |
| United States | 2 | 10% |
| Finland | 1 | 5% |
| Australia | 1 | 5% |

6 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Measurabl | Measurabl is the world’s most widely adopted ESG (environmental, social, governance) data management solution for commercial real estate. Customers use Measurabl to measure, manage, and report ESG data on more than 11 billion square feet of commercial real estate across 80 countries. Measurabl helps companies measure, manage and disclose ESGperformance, assess exposure to physical climate risk, and act on decarbonization and sustainable finance opportunities. Learn more at measurabl.com. | $93M | Series D | May 31, 2023 |  |
| Finneo | Our process automates the CRE financing industry. From CIM creation to lender matching algorithm (using advanced data analytics and machine learning), our platform offers work flow efficiencies and cost savings. Finneo is an End-to-End technology platform for CRE Debt Placement and Management.We are the only software in the industry that isexclusively focused on debt management and placement. Our software allows the user to be in full control at all times during the entire life cycle of debt origination, placement and management. | $120K | Pre-Seed | Jan 06, 2020 |  |
| Finneo | Our process automates the CRE financing industry. From CIM creation to lender matching algorithm (using advanced data analytics and machine learning), our platform offers work flow efficiencies and cost savings. Finneo is an End-to-End technology platform for CRE Debt Placement and Management.We are the only software in the industry that isexclusively focused on debt management and placement. Our software allows the user to be in full control at all times during the entire life cycle of debt origination, placement and management. | $120K | Pre-Seed | Jan 06, 2020 |  |
| Realar Inc | RealAR is an augment real estate app that allows seeing a property before it's built.Realar is an augmented real estate app that helps people buy and build better by solving the problem of being able to visualise property off the plan. By using AR for spatial visualization customers using our product today are able to get a life-sizeunderstanding of the single biggest investment they are likely to make. Volume home builders and real estate sales also see this problem so were are now scaling to enterprise sales and profitability. The bigger opportunity is meeting consumer demand at scale with the overall goal of a global marketplace. | $120K | Seed | Sep 09, 2019 |  |
| Realar Inc | RealAR is an augment real estate app that allows seeing a property before it's built.Realar is an augmented real estate app that helps people buy and build better by solving the problem of being able to visualise property off the plan. By using AR for spatial visualization customers using our product today are able to get a life-sizeunderstanding of the single biggest investment they are likely to make. Volume home builders and real estate sales also see this problem so were are now scaling to enterprise sales and profitability. The bigger opportunity is meeting consumer demand at scale with the overall goal of a global marketplace. | $120K | Seed | Sep 09, 2019 |  |
| Talox | Talox builds software that digitizes all workflows and data for office landlords and agents.Talox is transforming the commercial leasing and asset management industry in the Asia Pacific with a cloud-native, purpose-built software that digitizes all workflows and data for office landlords and agents. Designed specifically for the real estateindustry, Talox is the preferred technology and data partner of family offices and institutional landlords in the region with millions of square meters on the platform. By using Talox, clients with single assets and portfolios increase workplace productivity, boost internal & industry collaboration, and increase property values through data insights. | $120K | Pre-Seed | Sep 09, 2019 |  |
| Talox | Talox builds software that digitizes all workflows and data for office landlords and agents.Talox is transforming the commercial leasing and asset management industry in the Asia Pacific with a cloud-native, purpose-built software that digitizes all workflows and data for office landlords and agents. Designed specifically for the real estateindustry, Talox is the preferred technology and data partner of family offices and institutional landlords in the region with millions of square meters on the platform. By using Talox, clients with single assets and portfolios increase workplace productivity, boost internal & industry collaboration, and increase property values through data insights. | $120K | Pre-Seed | Sep 09, 2019 |  |
| Arextech | Arextech designs and creates apps & software solutions for businesses to automate and improve processes that deal with complex problems.Arextech has created the next generation of real estate deal management and execution that works for the user. Our cloud-based software provides the tools real estate professionals need to carry out any deal ona single platform wherever they are. The integration of deal stages and automated collaboration amongst tools phases provides a shared and unified process with structured and meaningful information. Unlike other solutions, we do not use or sell you your data. | $120.3K | Pre-Seed | Sep 09, 2019 |  |
| Arextech | Arextech designs and creates apps & software solutions for businesses to automate and improve processes that deal with complex problems.Arextech has created the next generation of real estate deal management and execution that works for the user. Our cloud-based software provides the tools real estate professionals need to carry out any deal ona single platform wherever they are. The integration of deal stages and automated collaboration amongst tools phases provides a shared and unified process with structured and meaningful information. Unlike other solutions, we do not use or sell you your data. | $120.3K | Pre-Seed | Sep 09, 2019 |  |
| Skenariolabs | Skenario Labs offers intelligent property analytics for real estate owners, asset managers, and financial institutions.Skenario Labs is an AI-driven real estate analytics company specialized in providing automated property valuation and technical risk assessments for both residential and commercial real estate. Its clients range from assetmanagers, property owners, and financial institutions, just to name a few. The company is funded by innogy Innovation Hub and is expanding towards international markets.The company's AI-powered database already contains data from over 16 million properties globally. In other words, its platform already produces accurate insight derived from reality and tells our customers in the real-estate sector in detail where to invest. | $120K | Seed | Sep 09, 2019 |  |

10 of 21 investments shown.

## Co-investors
- [Colliers Proptech Accelerator Powered by Techstars](https://shizune.co/investors/profile/colliers-proptech-accelerator-powered-by-techstars) — VC Fund, 10 deals together
- [Techstars](https://shizune.co/investors/profile/techstars) — VC Fund, 10 deals together
- [Sway Ventures](https://shizune.co/investors/profile/swayvc) — VC Fund, 2 deals together
- [Camber Creek](https://shizune.co/investors/profile/camber-creek) — VC Fund, 1 deal together
- [Concrete Venture Capital](https://shizune.co/investors/profile/concrete-venture-capital) — VC Fund, 1 deal together
- [Constellation Technology Ventures](https://shizune.co/investors/profile/constellation-technology-ventures) — VC Fund, 1 deal together

## About Techstars

VC Fund · Boulder, United States

Techstars provides a global platform for early-stage investment and innovation through programs that support startup growth and corporate collaboration. Its services include accelerator programs, startup education initiatives, venture capital funding, and corporate innovation partnerships.The Techstars Mentorship-Driven Accelerator Program offerssupport for startups, while Techstars Startup Programs focus on entrepreneurial education and community building. The Techstars Venture Capital Fund invests in emerging companies, and its Corporate Innovation Partnerships help established brands develop new products and services through collaboration with startups.

5 contacts available at Techstars.

| Name | Title | Profile |
| --- | --- | --- |
| Andrew Cleland | Chief Investment Officer | https://shizune.co/investors/profile/andrew-cleland |
| Artur Hasselbach | Mentor | https://shizune.co/investors/profile/artur-hasselbach |
| Beata Puncevic | Chief Technology Officer | https://shizune.co/investors/profile/beata-puncevic-e5b1 |
| Ben Liao | Managing Director | https://shizune.co/investors/profile/ben-liao |
| Bob Moczydlowsky | Managing Director & Founder, Techstars Music | https://shizune.co/investors/profile/bob-moczydlowsky |

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## FAQ

### What does Ben Liao invest in?

Ben Liao invests primarily in Software, Commercial Real Estate and Real Estate startups, most often at Pre-Seed and Seed stage. Most of the 21 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Ben Liao last invest?

The most recent investment recorded for Ben Liao closed in May 2023. Shizune tracks 21 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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