Commercial services tech hasn’t historically been considered “sexy,” but the need for innovation in the space is enormous. That need has translated into a large fundraise for a company focused on streamlining commercial contracting processes. On Friday, BuildOps, which develops software for commercial services contractors, announced that it has raised $127 million in a Series […]
BuildOps, a commercial services platform, raised $127 million in a Series C round led by Meritech Capital, valuing the company at $1 billion. The Los Angeles-based company, founded in 2018, provides field service management software for commercial contractors and plans to use the funding to expand its team and invest in product development. The company has over 1,000 customers and has experienced exponential revenue growth since launching its platform in 2020.
