• BuildOps

  Participated · Seed · Nov 2019

  BuildOps, founded in 2018 and based in Los Angeles, builds field service management SaaS that helps commercial contractors in the U.S. and Canada with project management, service, dispatching, and invoicing via AI-powered automation. Its per-user annual-contract pricing serves HVAC, plumbing, mechanical, electrical, and fire and life safety contractors and the platform claims to boost efficiency, reduce errors and downtime, and increase profitability. The company reports over 1,000 commercial contractor customers and about 375 employees, up roughly 50% year over year. Chanani declined to disclose hard revenue figures but said the company launched its platform in 2020, surpassed seven figures in its first year, tripled that figure in 2021 and 2022, and then doubled revenue in 2023 and 2024. BuildOps is not yet profitable as it prioritizes aggressive scaling and investment in product and technology. It plans to use the new capital to expand headcount, invest in products and its API architecture, and pursue strategic acquisitions. BuildOps provides a SaaS platform for commercial service and project-oriented trade contractors to manage workflows and operational tasks. The purpose-built technology integrates scheduling, dispatching, inventory management, contracts, workflow, purchasing, and invoicing into a single software suite. It serves commercial contractors of all sizes, from a dozen employees to several thousand. The platform is designed to address industry challenges such as supply chain delays and the skilled labor shortage. BuildOps is led by CEO and founder Alok Chanani and is based in Los Angeles, CA. The company raised $50M in a round that brought total funding to $100M and plans to use the proceeds to accelerate growth and cement its market position. BuildOps is a SaaS technology platform that integrates scheduling, dispatching, inventory management, contracts, workflow, and accounting into a single software suite for commercial contractors. The product is built specifically for modern commercial contractors with staff ranging from a dozen to thousands of employees. The company plans to use the funds to expand operations and its business reach. BuildOps was founded in 2018 by co-founders Alok Chanani, Steve Chew, and Neeraj Mittal and is based in Los Angeles, California. The article frames the company as an all-in-one management solution for the commercial contracting market. BuildOps sells an integrated software platform that combines scheduling, dispatching, inventory management, contracts, workflow and accounting into a single package for commercial real estate contractors. The product targets subcontractors with staffs ranging from a few dozen to several hundred employees. The company plans to use the new financing to support continued growth. BuildOps positions itself against fragmented tech adoption in the subcontractor segment of the commercial construction market. The company cites industry context that commercial construction spending grew from $626 billion to $807 billion over the past three years. The founding team includes former ServiceTitan developer Neeraj Mittal, Steve Chew, and Alok Chanani.

• Credijusto

  Participated · Series B · Aug 2019

  Credijusto is a Mexico City-based, tech-enabled lender offering a multi-product platform focused on SME credit. Its product mix includes term loans, credit lines and planned expansion into equipment lease financing, with a credit card slated for launch later this year. The company says it has launched multiple financial products since its 2015 founding and has originated over USD $120m in term loans and leases. The transaction with Credit Suisse provides additional funding diversification and capacity to increase lending across Mexico. Credijusto is led by Co-CEOs David Poritz and Allan Apoj and currently employs about 300 people. Its stated mission is to expand credit access for small and medium-sized enterprises in Mexico. Credijusto offers asset-backed loans and equipment leases to SMEs using software design, data science and advanced decision-making and product structuring. Led by CEO David Poritz, the company has launched multiple financial products in four years of operation and has originated over $90 million in term loans and leases. Credijusto currently employs 200 people. The company intends to use new funding to expand growth and to launch new products, including digital advisory services and a credit card for SMEs. Less than five months before this round it closed a credit facility of up to $100 million with Goldman Sachs. Credijusto is a Mexico City–based digital lending platform focused on providing credit to small and medium-size businesses (SMEs). The company secured a $100 million credit facility from Goldman Sachs to expand its SME loan business across Mexico. Credijusto has originated approximately $70 million in credit since it was founded in 2015. In 2018 the firm raised a Series A led by Kazek Ventures and QED Investors. The company framed the opportunity by noting that SMEs make up 99 percent of Mexican businesses and 74 percent of employment while receiving only about 15 percent of loans. Co-CEO David Poritz said the facility is a significant milestone that will help transform how Mexican SMEs access capital.

No current team members are available.