BuildOps, a fast-growing construction tech startup, has raised $127 million in Series C funding. To accelerate its mission of transforming the commercial contracting industry. With this latest round, the California-based company now boasts a total funding of $225.8 million. And a valuation of $1 billion, officially joining the unicorn club.
The round was led by Meritech Capital Partners. With strong support from new investors BOND Capital and Schneider Electric’s SE Ventures. Existing backers like Fika Ventures, Next47, StepStone Group, and Titanium Ventures also doubled down. While early investors such as Founders Fund, B Capital, 01A, Liquid2, and 137 Ventures continue to back the company’s vision.
This significant BuildOps funding milestone positions the startup to tackle one of the commercial contracting industry’s biggest pain points. Which is operational inefficiencies driven by fragmented software, outdated workflows, and persistent labor shortages.
Commercial contractors — responsible for building and maintaining critical infrastructure like schools, hospitals, and office buildings — face mounting challenges. Juggling complex projects across multiple sites, they frequently deal with schedule disruptions, supply chain delays, and labor shortages. These obstacles cost the industry nearly 30% of productive time, leading to expensive rework, delayed projects, and reduced profits.
Founded in 2018 by Alok Chanani, Steve Chew, and Neeraj Mittal, BuildOps was created to tackle these long-standing issues. Drawing from his background as a U.S. Army Captain and experienced real estate developer, Chanani witnessed first-hand how outdated systems cripple contractor efficiency. Determined to change that, he set out to build an all-in-one platform designed specifically for commercial contractors.
Today, BuildOps delivers a cloud-based solution that unifies field service management, project oversight, and accounting functions. While eliminating the need for multiple, disconnected tools. By centralizing these essential operations, BuildOps empowers contractors to streamline workflows, improve productivity, and increase profitability.
“Our mission is simple,” Chanani shared. “Give contractors the tools they need to control the chaos, grow their businesses, and deliver exceptional work without being held back by legacy systems.”
Unlike competitors that offer siloed solutions, BuildOps stands out with its fully integrated platform, allowing seamless data flow between field operations and back-office teams. This approach eliminates inefficiencies created by juggling different software systems — a common struggle for commercial contractors.
Real-time data, predictive analytics, and AI-driven tools allow contractors to manage schedules, track projects, and make smarter decisions on the fly. With BuildOps, businesses can reduce downtime, anticipate maintenance needs, and prevent costly errors — giving them a competitive edge in a tight market.
Paul Madera, Partner at Meritech Capital, highlighted why the firm led the round: “Contractors build the world around us, but outdated tools hold them back. BuildOps finally hands them control — from the shop floor to the job site — making their lives easier, faster, and more profitable. That’s a mission worth betting on.”
BuildOps Fueling Expansion and Future Growth with $127M
With this latest BuildOps funding boost, the company plans to scale its operations, enhance customer support, and expand its AI-powered features. The team is focused on adding tools that help contractors proactively manage equipment maintenance, predict potential breakdowns, and optimize field operations — saving time and cutting costs.
Additionally, BuildOps is ramping up hiring across engineering, data science, and customer success teams to support rapid growth. By investing in top talent, the company aims to remain a leader in commercial contracting software, continually innovating to meet evolving industry demands.
“We’re not just building software — we’re building the future of commercial contracting,” Chanani added. “Contractors are the backbone of our economy. They deserve technology that works as hard as they do.”
As the construction and contracting industry embraces digital transformation, BuildOps is well-positioned to lead the charge. By addressing critical inefficiencies with its AI-powered platform, the company is helping contractors scale their businesses, stay ahead of market changes, and deliver better service to clients.
With its sights set on expansion across the U.S. and Canada. BuildOps is laying the groundwork for a smarter, more efficient future in commercial contracting. One where contractors no longer have to battle outdated systems just to get the job done.
