Venture Capital News: BuildOps Scores Additional $50M
2023-05-18
LOS ANGELES, CA, BuildOps, the only all-in-one management software built specifically for the modern commercial contractor, today announced it has raised $50 million in additional funding.
The funding effort was led by Fika Ventures and 01 Advisors, a venture capital firm backed by former Twitter CEO, Dick Costolo, who has also joined the Board. The funds will further their explosive growth and cement BuildOps as the market leader revolutionizing the world of commercial specialty contractors.
This brings the total amount of funding BuildOps has raised to over $100 Million from high-profile investors including Fika Ventures, 01 Advisors, Next47, Founders Fund, B Capital Group, CBRE executives, the State of Michigan, Telstra Ventures, Gopher Asset Management, Boost Mobile CEO Stephen Stokols, former President of Salesforce Gavin Patterson, and CAA founder Michael Ovitz. The company has repeatedly impressed investors by achieving triple-digit growth rates over the past several years.
BuildOps is a fast-paced, high-growth technology company committed to transforming a $300B+ industry through an innovative all-in-one SaaS platform. BuildOps is taking commercial specialty contractors from the world of pen and paper and legacy platforms to world-class cloud-based, data-driven operations.
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