What is Billd?
Founded in 2018 and headquartered in Austin, Texas, Billd operates as a construction finance company that collaborates with regional and national suppliers across the U.S. It offers project-based financing solutions designed to provide immediate payment to suppliers while granting contractors the flexibility to manage their material purchase payments over time. This model addresses critical cash flow needs within the construction industry, facilitating smoother project execution and supplier relationships.
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 LL Funds, Highsage Ventures, MissionOG, and Ulysses Management
Other Financing Round (2025): $7.3M backed by Highsage Ventures and MissionOG
Key Investors in Billd
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.
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.
What's next for Billd?
The recent major strategic investment, alongside substantial prior financing rounds, positions Billd for accelerated growth and market leadership. The company's focus on innovative financing for the construction sector, coupled with strategic partnerships, suggests a trajectory aimed at capturing a larger share of the market. Future developments are likely to involve scaling operations, enhancing technological capabilities for its platform, and potentially expanding its service offerings to meet evolving industry demands. The consistent backing from notable investors indicates strong confidence in Billd's business model and its potential for significant returns.
See full Billd company page
