BuildOps has raised $127 million in Series C funding.
The investment pushes the company’s value to $1 billion, marking its arrival as one of the country’s top platforms for commercial trade. BuildOps is a Los Angeles-based software company that builds management tools for commercial contractors.
The BuildOps platform is designed specifically for businesses that manage large-scale heating and cooling (HVAC), electrical, and plumbing services. Its tools integrate dispatching, invoicing, scheduling, project management, and service tracking into a single software solution. It aims to help contractors improve productivity, reduce paperwork, and increase profit margins.
How BuildOps will use its Series C funding
The BuildOps Series C funding round was led by Meritech Capital Partners and joined by BOND and SE Ventures, with continued support from existing investors. Meritech Partner Paul Madera will join the BuildOps board of directors.
Companies like J.H. Kelly and Service Logic — two major players in commercial construction and mechanical services — are among BuildOps’ clients. They say the platform has helped speed up invoicing, streamline customer communication, and improve technician efficiency. Service Logic, which operates more than 100 locations across the U.S. and Canada, reported $2 billion in revenue in 2024.
BuildOps plans to use the funding to expand its artificial intelligence capabilities. These include predictive maintenance, automated scheduling, and real-time project updates, which are increasingly important as the construction trades face labor shortages and rising costs.
Founded by CEO Alok Chanani, BuildOps says its mission is to modernize the tools used by contractors who are often underserved by software solutions.
“Our goal is to give these businesses control over their operations so they can grow more efficiently,” Chanani said in a statement. “They’re doing critical work, and they deserve tools built specifically for their needs.”
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