Wednesday, May 25, 2022

BuildOps Raises $43M

Los Angeles-based BuildOps, which develops management software for commercial contractors, said on Tuesday afternoon that it has raised $43M in a Series A funding round. The funding was led by Next47, and also included Founders Fund, StepStone Group, Fika Ventures, Global Founders Capital, MetaProp VC, 1984 Ventures, L2 Ventures, NBA all-star Metta World Peace, Boost Mobile CEO Stephen Stokols, and others. Next47 is backed by Siemens. Alok Chanani is Co-founder and CEO of BuildOps and Steve Chew is co-founder and COO.