BuildOps
Category: AI Agents
Cloud-based, AI-powered operations platform for commercial contractors that integrates field service management, project management, scheduling, dispatching, invoicing, and accounting functions. BuildOps was founded in 2018. The company is led by Alok Chanani. Based in Los Angeles, California. Team size: 375. Total funding raised: Over $250 million. Latest round: $127 million Series C round, valuing the company at $1 billion. Key investors include Meritech Capital, Bond Capital, Schneider Electric’s SE Ventures, Fika Ventures, Next47, StepStone Group, Titanium Ventures.
- Founded
- 2018
- Headquarters
- Los Angeles, California
- Team size
- 375
- Total funding
- Over $250 million
Value proposition
Improves operational efficiency, reduces downtime, and increases profitability through automation, real-time data insights, and predictive analytics
Products and solutions
Project management, Service management, Dispatching, Invoicing, AI-powered automation, Real-time analytics
Unique value
Highly configurable and industry-specific platform designed exclusively for commercial contractors with integrated AI and real-time analytics
Target customer
Commercial contractors in the U.S. and Canada, specifically those in HVAC, plumbing, mechanical, electrical, and fire & life safety services
Industries served
Commercial contracting, HVAC, Plumbing, Electrical, Mechanical services
Technology advantage
Leverages AI-powered automation, predictive scheduling, and comprehensive data insights for efficient project tracking and decision making
How they differentiate
Focus on the commercial contracting sector with a tailored, configurable platform that harnesses AI and advanced analytics, unlike broader field service solutions
Main competitors
ServiceTitan, Workday, Procore
Key partnerships
Meritech Capital, Bond Capital, Schneider Electric’s SE Ventures
Notable customers
J.H. Kelly, Haynes Mechanical, Dynamic Systems Inc., Baker Electric
Major milestones
Achieved unicorn status with latest funding round Recognized for transforming operations for commercial contractors
Growth metrics
Exponential revenue growth with significant year-over-year increases since platform launch
Market positioning
Emerging leader in commercial contracting technology with strong growth and a move towards unicorn status
Geographic focus
Primarily serves the U.S. and Canada
Patents and IP
No specific patents mentioned
About Alok Chanani
Alok Chanani is the Co-Founder and CEO of BuildOps. He has a diverse background with over 20 years of experience, including serving as a U.S. Army Captain in Iraq, where he was awarded the Meritorious Service Medal. After his military service, he was the CEO of USA Commercial for six years. He also served as a board member at the Wharton Angel Network.
Official website: https://buildops.com