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BuildOps has raised $229.0M across 4 funding rounds.
Key people at BuildOps.
BuildOps has raised $229.0M in total across 4 funding rounds.
BuildOps is a Santa Monica, California-based software company providing an all-in-one cloud platform that handles service, project management, dispatching, and invoicing for commercial trade contractors. The enterprise software targets the mechanical, electrical, and plumbing markets, enabling HVAC and plumbing businesses to optimize operations and leverage artificial intelligence for workflow efficiency. The company recently achieved unicorn status after securing $127 million in Series C funding, propelling its valuation to $1 billion. Backed by venture capital firms such as Founders Fund, StepStone Group, and Fika Ventures, the organization maintains a workforce of approximately 300 to 500 employees. BuildOps is expanding its footprint beyond its California and Toronto hubs by investing $771,200 to create 291 jobs at a new operations center in Raleigh, North Carolina. The software business was established in 2018 by co-founder and CEO Alok Chanani.
BuildOps has raised $229.0M across 4 funding rounds. Most recently, it raised $130.0M Series C in March 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2025 | $130M Series C | Meritech Capital Partners | 01 Advisors, 1984 Ventures, 8VC, Alumni Ventures, Bond, Conviction Partners, Gradient Ventures, Greylock, IVP, LGF, Liquid 2 Ventures, Next47, Plaid, Spark Capital, Ameet Patel, Amit Agarwal, Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Greg Brockman, Louis Lehot, RON Pragides, Scott Belsky | Announced |
| May 1, 2023 | $50M Series B | 01 Advisors, Next47 | Bond, Conviction Partners, Greylock, IVP, LGF, Plaid, Spark Capital, Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Greg Brockman, RON Pragides, Scott Belsky | Announced |
| May 1, 2022 | $43M Series A | Next47 | 8VC, Alumni Ventures, Gradient Ventures, Liquid 2 Ventures, Ameet Patel, Amit Agarwal, Louis Lehot | Announced |
| Oct 1, 2019 | $6M Seed | — | 8VC, Alumni Ventures, Gradient Ventures, Liquid 2 Ventures, Next47, Ameet Patel, Amit Agarwal, Louis Lehot | Announced |
BuildOps has raised $229.0M in total across 4 funding rounds.
BuildOps's investors include Meritech Capital Partners, 01 Advisors, 1984 Ventures, 8VC, Alumni Ventures, Bond, Conviction Partners, Gradient Ventures, Greylock, IVP, LGF, Liquid 2 Ventures.
Key people at BuildOps.
BuildOps is a SaaS platform providing all-in-one management software for commercial contractors, particularly in Mechanical, Electrical, Plumbing (MEP), HVAC, fire safety, and related trades, combining service, project management, dispatching, invoicing, and AI-driven insights.[1][2][3][4] It serves commercial trade businesses by solving operational chaos—automating scheduling, tracking assets, predicting maintenance, streamlining workflows, and turning one-off jobs into recurring revenue to boost profitability and efficiency.[2][3][5] The company achieved unicorn status with a $127M Series C at $1B valuation and is expanding rapidly, including creating 291 jobs in Raleigh, signaling strong growth momentum.[1][6]
Founded in 2018 and headquartered in Los Angeles, BuildOps emerged to address inefficiencies in the commercial contracting industry, blending hands-on trades expertise with technology innovation.[6][7] The team includes field-tested professionals from the trades and technologists, driven by a mission to build reliable software for "mission-critical trades" and tackle challenges like skilled labor shortages through initiatives like Tyson for the Trades.[7] Early traction came from serving top North American contractors like Rabine Group, Hubbard Mechanical, and Certified Fire, evolving into a comprehensive platform with AI features like BuildOps Copilot.[3][5][7]
BuildOps rides the AI transformation wave in construction, where outdated manual processes meet rising demands for efficiency amid labor shortages, supply chain issues, and sustainability pressures.[5][7] Its timing aligns with commercial trades' digitization needs—post-pandemic project booms and tech adoption in fragmented MEP sectors—enabling contractors to predict trends, optimize resources, and scale without chaos.[2][5] By pioneering trade-specific AI, it influences the ecosystem through education, community forums, and tools that enhance worker safety and job satisfaction, fostering a more resilient industry.[5][7]
BuildOps is poised to dominate commercial contractor software as AI matures, expanding features like predictive analytics and automation to capture more market share in North America's growing trades sector.[5] Trends like labor scarcity and regulatory complexity will amplify demand for its proactive tools, potentially fueling further acquisitions or international growth. Its unicorn trajectory and job expansions suggest evolving influence as the standard-setter for tech-empowered trades, empowering contractors to thrive in an AI-driven future.[1][6][7]
