What is Billd?
Founded in 2018 and headquartered in Austin, Texas, Billd operates as a specialized construction finance platform. The company provides essential liquidity solutions that allow contractors to manage material purchases with greater flexibility while ensuring immediate payment to suppliers. By integrating directly into the construction supply chain, Billd mitigates the financial friction often associated with large-scale building projects. Its core value proposition centers on optimizing working capital, thereby enabling contractors to take on larger projects and improve their operational throughput. The firm's market position is defined by its deep integration with regional and national suppliers, creating a defensible moat in the competitive fintech landscape.
How much funding has Billd raised?
Billd has raised a total of $214.8M across 5 funding rounds:
Series A
$60M
Series B
$30M
Debt
$100M
Other Financing Round
$17.5M
Other Financing Round
$7.3M
Series A (2019): $60M, investors not publicly disclosed
Series B (2021): $30M led by LL Funds
Debt (2022): $100M supported by LL Funds
Other Financing Round (2024): $17.5M featuring MissionOG, Ulysses Management, LL Funds, and Highsage Ventures
Other Financing Round (2025): $7.3M backed by Highsage Ventures and MissionOG
Key Investors in Billd
LL Funds
LL Funds is a Philadelphia-based financial services firm specializing in investment management and advisory services, focusing on tailored financial solutions for institutional and individual clients.
MissionOG
MissionOG is a thematic investment firm that partners with high-growth B2B companies, specifically targeting fintech and software businesses that drive the digitization of the economy.
Highsage Ventures
Highsage Ventures is a Boston-based private investment firm that pursues opportunistic investments across various asset classes to build long-term partnerships with operators and entrepreneurs.
What's next for Billd?
With the recent injection of $7.3M, Billd is well-positioned to accelerate its product development and expand its footprint across the national construction market. The company's strategic roadmap likely involves deepening its technological infrastructure to support more complex financing arrangements and potentially diversifying its service offerings to address broader contractor needs. As the firm moves beyond its initial scaling phase, the focus will shift toward enhancing its data-driven underwriting capabilities and strengthening its network of supplier partnerships. By maintaining a disciplined approach to capital deployment, Billd is poised to sustain its momentum as a leader in the construction fintech vertical, driving further digitization of the built environment.
See full Billd company page
