BuildOps Raises $50 Million to Revolutionize Commercial Contracting

LOS ANGELES, May 18, 2023 /PRNewswire/ -- 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 company has repeatedly impressed investors by achieving triple-digit growth rates over the past several years.BuildOps is a purpose-built technology platform that integrates scheduling, dispatching, inventory management, contracts, workflow, purchasing, and invoicing into a single software suite for commercial contractors of all sizes, ranging from a dozen employees to several thousand. As the former CEO and COO of Twitter, the two are no strangers to hyper-growth, having scaled the company tremendously in users and international expansion while catapulting revenue from $300 Million to over $2 Billion under their leadership. "We are massive believers in the team and their impact on the industry particularly for any sophisticated enterprise or private equity player they cannot operate without a best-in-class platform, and BuildOps is the heartbeat of their businesses. "BuildOps exponential trajectory confirms the desperate need for a modern, cloud-based solution built for the commercial contractor," said Scott Nolan of Founders Fund, a venture capital firm co-founded by Peter Thiel.