BuildOps, a Santa Monica, CA-based only all-in-one management software built specifically for the modern commercial contractor, announced that it raised $43 million in Series A funding to revolutionize commercial contracting.
The round was led by Next47, a global venture capital firm backed by Siemens specializing in building category-defining B2B technology businesses, to further augment their growth as the market leader revolutionizing the world of specialty contractors.
Founders Fund, StepStone Group, Fika Ventures, Global Founders Capital, MetaProp VC, 1984 Ventures, L2 Ventures, NBA all-star Metta World Peace, Boost Mobile CEO Stephen Stokols, and others also participated in the financing to be used to support the company's continued growth.
Company: BuildOps, Inc.
Round: Series A
Funding Month: May 2022
Lead Investors: Next47
Additional Investors: Founders Fund, StepStone Group, Fika Ventures, Global Founders Capital, MetaProp VC, 1984 Ventures, L2 Ventures, and Stephen Stokols
Company Website: https://buildops.com/
Software Category: all-in-one management software
About the Company: Founded in 2018 by Alok Chanani, Steve Chew, and Neeraj Mittal, BuildOps is the only all-in-one management software built specifically for the modern commercial specialty contractor. BuildOps is a purpose-built technology platform that integrates scheduling, dispatching, inventory management, contracts, workflow, and accounting into a single software suite for commercial contractors with staff ranging from a dozen to thousands of employees. Focusing on trade contractors, BuildOps combines service, project management, and more into a single SaaS platform. BuildOps' industry-leading cloud-based solution allows you to improve your operations and efficiency, driving profitability through best-in-class technology. The company is based in Santa Monica, California.