BuildOps Lands $127M Series C, Expanding the Largest Commercial Trade Contractor Platform in the Country

BuildOps, the all-in-one platform exclusively built for modern commercial contractors, announced that it has raised $127 million in Series C funding led by Meritech Capital Partners, propelling the company to unicorn status with a valuation of $1 billion.

“We’ve spent years watching commercial contractors- the guys who keep our lights on and pipes flowing-get crushed by chaos they don’t deserve,” said Paul Madera, former fighter pilot and founding partner at Meritech Capital Partners. “BuildOps is the first enterprise software solution we’ve seen that actually gets it and fills an industry-wide need: a platform that doesn’t just patch holes; it facilitates control and management of workflow from the shop floor to the job site. We’re leading this round because these folks build our world, and BuildOps is hell-bent on making these businesses more efficient, effective and productive – this is a very large market that is wide open for BuildOps.”

The latest funding accelerates BuildOps’ deployment of cutting-edge AI technology, including predictive analytics that identifies maintenance needs before they become costly, AI-powered scheduling, and real-time project tracking. This next-gen tech doesn’t just automate-it positions contractors to predict, plan, and profit in ways previously impossible.

BuildOps serves contractors across the U.S. and Canada, providing a strategic advantage that drives real growth and profitability. As major industry players increasingly adopt the platform, BuildOps is becoming the definitive technology partner for commercial contracting businesses poised to lead their markets.

“I talk to contractors every day-HVAC pros, plumbers, electricians-and they’re busting their backs keeping our world running, but the deck’s stacked against them with staffing shortages, skyrocketing costs, and tech that is stuck in the Stone Age,” said Alok Chanani, CEO of BuildOps. “It fires me up because they deserve better-tools that don’t just keep up but actually let them run circles around the chaos. That’s what we’re building at BuildOps: a way for them to take charge, grow without breaking, and deliver like the heroes they are.”

The funding also includes new participation from BOND and SE Ventures, the venture capital firm backed by Schneider Electric and is joined by BuildOps’ existing investors, including Fika Ventures, Next47, StepStone Group, and Titanium Ventures. BuildOps is also backed by notable investors 01A, Founders Fund, B Capital, MetaProp, 137 Ventures, and Liquid2. Partner at Meritech, Paul Madera, will join BuildOps’ board, alongside other highly acclaimed members: former Twitter CEO Dick Costolo, Fika Founder TX Zhuo, former Boost Mobile CEO Stephen Stokols, and Next47 General Partner Matthew Cowan.

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