About Buildxact
Buildxact is a company based in Melbourne (Australia) founded in 2011 by John Allison.. Buildxact has raised $33 million across 3 funding rounds from investors including Regal Funds Management, Perennial Partners and Thorney. Buildxact offers products and services including Buildxact Software, Takeoffs, Estimating, Quoting, and Scheduling. Buildxact operates in a competitive market with competitors including 1build, Ediphi, Monstock, Procurified and Tresium, among others.
- Headquarter Melbourne, Australia
- Founders John Allison
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33 M (USD)
in 3 rounds
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Latest Funding Round
$18.5 M (USD), Series A
Jan 31, 2022
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Investors
Regal Funds Management
& 11 more
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Employee Count
Employee Count
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Products & Services of Buildxact
Buildxact offers a comprehensive portfolio of products and services, including Buildxact Software, Takeoffs, Estimating, Quoting, and Scheduling. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for project estimation and scheduling in construction
Tool for quick and accurate construction plan measurements
Software for generating precise construction cost estimates
System for creating professional construction quotes
Feature for managing construction project timelines
Funding Insights of Buildxact
Buildxact has successfully raised a total of $33M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $18.5 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $18.5M
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First Round
First Round
(17 Dec 2019)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series A - Buildxact | Valuation | Regal Funds Management | |
| Nov, 2020 | Amount | Angel Round - Buildxact | Valuation |
investors |
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| Dec, 2019 | Amount | Series A - Buildxact | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Buildxact
Buildxact has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Regal Funds Management, Perennial Partners and Thorney. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments across multiple sectors are conducted by this firm.
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Founded Year | Domain | Location | |
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Tech startups are funded by Thorney's venture capital operations.
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Founded Year | Domain | Location | |
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Tech companies are targeted for investments by SecondQuarter Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Buildxact
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Buildxact
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Buildxact Comparisons
Competitors of Buildxact
Buildxact operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 1build, Ediphi, Monstock, Procurified and Tresium, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS takeoff and estimation software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Cloud-based estimation platform for preconstruction is provided.
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| domain | founded_year | HQ Location |
Cloud-based inventory management solutions are offered to various sectors.
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| domain | founded_year | HQ Location |
SaaS-driven estimation and marketplace platform for construction projects is provided.
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| domain | founded_year | HQ Location |
Provides accurate calculations for construction materials via mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Buildxact
Frequently Asked Questions about Buildxact
When was Buildxact founded?
Buildxact was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Where is Buildxact located?
Buildxact is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Buildxact?
Steve Yates is the current CEO of Buildxact.
Is Buildxact a funded company?
Buildxact is a funded company, having raised a total of $33M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8.5M, raised on Dec 17, 2019.
What does Buildxact do?
Buildxact was founded in 2011 in Melbourne, Australia, as a provider of cloud-based tools for the construction sector. Estimation, job costing, scheduling, cost tracking, automated invoicing, and accounting functions are supported through the platform. Operations are centered on subscription-based monthly plans, enabling professionals to handle quoting and financial oversight remotely. The service targets builders and tradespeople in residential and small-scale commercial projects.
Who are the top competitors of Buildxact?
What products or services does Buildxact offer?
Buildxact offers Buildxact Software, Takeoffs, Estimating, Quoting, and Scheduling.
Who are Buildxact's investors?
Buildxact has 12 investors. Key investors include Regal Funds Management, Perennial Partners, Thorney, Ophir Asset Management, and Shearwater Research.
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