BuildOps, a Los Angeles, CA-based provider of a software platform built for modern commercial contractors, raised $127M in Series C funding.
The round was led by Meritech Capital Partners with participation from BOND Capital and Schneider Electric’s SE Ventures, Fika Ventures, Next47, StepStone Group, Titanium Ventures, 01A, Founders Fund, B Capital, 137 Ventures, and Liquid2. Partner at Meritech, Paul Madera, will join BuildOps’s board.
The company intends to use the funds to expand product capabilities, enhance customer support, and scale operations to meet demand from commercial contractors nationwide.
Led by CEO Alok Chanani, BuildOps provides a business platform built exclusively for commercial contractors that empowers commercial contracting businesses by unifying scheduling, dispatch, project management, and financial reporting onto a cloud-based platform. Its real-time data capabilities and predictive analytics help technicians and administrators reduce overhead, and increase revenue opportunities.
The company is on track to launch additional features in the coming months, including new AI-driven tools designed to help contractors anticipate maintenance needs, reduce equipment downtime, and ensure that their field teams stay one step ahead of demand.
FinSMEs
20/03/2025