What is Billd?
Founded in 2018 and headquartered in Austin, Texas, Billd operates as a specialized fintech platform designed to optimize the construction supply chain. The company provides a sophisticated financing model that allows contractors to defer payments for materials, thereby improving their cash flow and operational flexibility. By partnering with regional and national suppliers, Billd mitigates the financial friction often associated with construction procurement. Its market position is defined by its ability to integrate directly into the project lifecycle, offering a unique value proposition that combines credit underwriting with industry-specific payment terms. This approach has established Billd as a vital partner for firms navigating the complexities of modern 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 Ulysses Management, MissionOG, LL Funds, and Highsage Ventures
Other Financing Round (2025): $7.3M backed by MissionOG and Highsage Ventures
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, specializing in fintech and software.
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 and operators.
Ulysses Management
Ulysses Management LLC is a diversified investment firm with over $1 billion in capital under management, known for aligning its interests closely with founders and management teams.
What's next for Billd?
With the successful closure of this latest capital injection, Billd is well-positioned to accelerate its product development and expand its footprint across the U.S. construction market. The strategic focus will likely center on enhancing its proprietary underwriting algorithms and deepening its integration with major material suppliers to streamline the procurement process further. As the company matures, it is expected to leverage this liquidity to introduce new financial products that address broader working capital needs for contractors. By maintaining its focus on high-growth B2B segments and the digitization of construction payments, Billd is poised to capture additional market share and reinforce its status as a leader in the construction fintech ecosystem.
See full Billd company page
