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BuildOps Receives $43M Series A Financing

2022-05-24
LOS ANGELES, CA, BuildOps, the only all-in-one management software built specifically for the modern commercial contractor, today announced $43 million in Series A funding.
The Series A 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.

BuildOps is the only all-in-one management software built specifically for the modern commercial specialty contractor. Focusing on trade contractors, BuildOps combines service, project management, and more into a single SaaS platform. Privately held, and veteran-owned, BuildOps is backed by large institutional firms including Founders Fund, Next47 (Siemens), Global Founders Capital, and other world-class institutional investors. BuildOps was founded in 2018 by its three co-founders Alok Chanani, Steve Chew, and Neeraj Mittal. BuildOps has gone on to transform the lives of commercial contractors across the industry.
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