image credit: Freepik

Construction management software BuildOps raises $50M

May 24, 2023

Construction management software developer BuildOps has raised an additional $50 million in funding, the company announced on May 18, bringing the company’s total financial backing to $100 million. The round was led by Fika Ventures and former Twitter CEO Dick Costolo’s 01 Advisors. Costolo also joined BuildOps’ board of directors.

Other notable investors include NFL Hall of Fame quarterback Joe Montana’s Liquid 2 Ventures.

BuildOps claims its technology platform integrates scheduling, dispatching, inventory management, contracts, workflow, purchasing and invoicing into a single software suite. The firm asserts its product works for commercial contractors of all sizes, from those with a dozen employees to ones with several thousand.

Read More on Construction Dive