Billd, a leading provider of financial solutions tailored to commercial subcontractors, has raised $17.5 million in its latest investment round. Led by LL Funds and MissionOG, with additional participation from RJT Credit, Ulysses Management, and HighSage Ventures, this funding round aims to accelerate Billd’s mission to meet the construction sector’s financial demands and drive innovation in construction finance.
Founded to address subcontractors’ unique capital needs, Billd is recognized for its focus on construction supply chain finance. “This investment represents a significant milestone for Billd,” said CEO Chris Doyle, adding that the support from their investors strengthens their capacity to expand and innovate. Billd achieved 120% revenue growth from 2021 to 2024, underscoring the demand for its financial solutions. The new capital will enhance Billd’s product offerings and broaden its reach within the industry.
MissionOG’s managing partner Andy Newcomb praised Billd’s role in supporting subcontractors: “Billd’s solutions enable subcontractors to thrive in a sector traditionally challenging for small players.” With this investment, Billd is positioned to further alleviate financial constraints for subcontractors, enhancing their growth potential.
