What is buildUP?
buildUP offers a comprehensive construction management solution focused on enhancing project quality and efficiency. The platform digitizes critical processes such as punch list creation, site inspections, and task management, thereby reducing costs and project timelines. By fostering seamless communication among owners, developers, construction teams, and subcontractors, buildUP ensures all stakeholders are aligned. Its user-friendly interface requires minimal training, leading to rapid adoption, particularly among subcontractors. The app's automatic translation feature further breaks down communication barriers, promoting better collaboration across diverse teams. The trust placed in buildUP by major owners, developers, and general contractors highlights its proven ability to deliver substantial time savings and improved project outcomes.
How much funding has buildUP raised?
buildUP has raised a total of $10.5M across 3 funding rounds:
Other Financing Round
$1.6M
Private Equity
$1.9M
Series A
$7M
Other Financing Round (2015): $1.6M with participation from UpWest
Private Equity (2015): $1.9M, investors not publicly disclosed
Series A (2017): $7M supported by 01 Ventures, TLV Partners, UpWest, and Abstract Ventures
Key Investors in buildUP
01 Ventures
01 Ventures is an early-stage investor focused on supporting European entrepreneurs in deep technology and fundamental scientific advancements, providing significant operational support beyond financial investment.
TLV Partners
TLV Partners is an investment firm that likely focuses on technology startups, given its name and common investment patterns in the venture capital landscape.
UpWest
UpWest is a venture firm specializing in funding and supporting Israeli founders entering the US market, particularly in pre-seed and seed rounds, with a focus on building a strong founder community.
What's next for buildUP?
The recent major strategic investment in buildUP positions the company for accelerated growth and market expansion. With a total funding base of $10.5M, the company is poised to enhance its platform capabilities, potentially integrating advanced analytics or AI-driven insights for predictive project management. This capital infusion will likely fuel further development of its core features, including customizable checklists and data export functionalities, while also supporting broader market penetration. The focus on improving project quality and reducing costs aligns with industry-wide demands for greater efficiency and predictability, suggesting buildUP is well-positioned to capture a larger share of the construction technology market. Future developments may also include expanding its integration ecosystem with other construction software and services.
See full buildUP company page
