Reported about 21 hours ago
BuildOps has raised $127 million in a late-stage funding round, achieving a $1 billion valuation. The company aims to scale its operations to meet the increasing demand for its AI-enabled software platform used by commercial contractors. Led by Meritech Capital Partners with participation from investors like Schneider Electric and Fika Ventures, BuildOps focuses on growth and product development, targeting strategic acquisitions, while profitability remains a secondary concern for now.
Source: YAHOO