What is Billd?
Founded in 2018 and headquartered in Austin, Texas, Billd operates at the intersection of construction and finance. The company partners with regional and national suppliers to offer specialized, short-term financing solutions tailored for the construction industry. By bridging the gap between material acquisition and project cash flow, Billd empowers contractors to manage their finances more effectively while ensuring timely payments to their supply chain partners. This innovative approach addresses a critical need for flexible capital within the construction sector, positioning Billd as a key player in construction finance.
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, LL Funds, Highsage Ventures, and Ulysses Management
Other Financing Round (2025): $7.3M backed by Highsage Ventures and MissionOG
Key Investors in Billd
MissionOG
MissionOG is an investment firm focused on partnering with high-growth B2B companies that are driving the digitization of the economy. They specialize in thematic investments in sectors such as fintech, data, and software, providing $5 million to $10 million in funding with potential for follow-on capital.
LL Funds
LL Funds is a financial services company based in Philadelphia, specializing in investment management and advisory services. They cater to a diverse range of clients, including individuals and institutions seeking to optimize their investment strategies.
Highsage Ventures
Highsage Ventures is a private investment firm that invests opportunistically across asset classes and geographies, seeking to create long-term partnerships with entrepreneurs, operators, and like-minded asset managers.
What's next for Billd?
The recent major strategic investment signals a strong vote of confidence in Billd's business model and its capacity for continued expansion. With substantial enterprise-level funding secured, Billd is poised to scale its operations, potentially broadening its geographic reach and enhancing its service offerings. This capital infusion is likely to fuel further technological development, strengthen supplier partnerships, and increase its market penetration. The company's trajectory suggests a focus on solidifying its position as a leader in construction finance, with future growth potentially involving new product lines or strategic acquisitions to further support the construction ecosystem.
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