Buildxact

Melbourne, Australia Founded: 2011 • Age: 15 yrs
Cloud-based software is provided for construction estimation and job management.
Annual revenue - Latest available
Total funding $33.0M 3 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 5 Services tracked
Competitors 6 Brand Intelligence

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
  • Sectors
    Real Estate & Construction
  • Email
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  • Phone
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  • Website
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Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $33 M (USD)

    in 3 rounds

  • Latest Funding Round
    $18.5 M (USD), Series A

    Jan 31, 2022

  • Investors
  • Employee Count
    Not available
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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.

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Primary

Platform for project estimation and scheduling in construction

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Tool for quick and accurate construction plan measurements

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Software for generating precise construction cost estimates

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System for creating professional construction quotes

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investments across multiple sectors are conducted by this firm.
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Tech startups are funded by Thorney's venture capital operations.
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Tech companies are targeted for investments by SecondQuarter Ventures.
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Investor details for Buildxact

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  • Investor domains
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Investments & Acquisitions by Buildxact

Investments
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Investment portfolio details for Buildxact

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Financial Statements - Buildxact

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Detailed financials for Buildxact

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Buildxact Comparisons

Buildxact Primary company
Description
Cloud-based software is provided for construction estimation...
Location
Melbourne, Australia
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Buildxact

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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.

Company Name Domain Founded year HQ Location Description
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SaaS takeoff and estimation software is provided for construction professionals.
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Cloud-based estimation platform for preconstruction is provided.
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Cloud-based inventory management solutions are offered to various sectors.
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SaaS-driven estimation and marketplace platform for construction projects is provided.
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Provides accurate calculations for construction materials via mobile app.
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Detailed competitors of Buildxact

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Latest news on Buildxact

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Complete news archive for Buildxact

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Frequently Asked Questions about Buildxact

Buildxact was founded in 2011 and raised its 1st funding round 8 years after it was founded.

Buildxact is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Steve Yates is the current CEO of Buildxact.

Buildxact is a funded company, having raised a total of $33M across 3 funding rounds to date.

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.

Buildxact's top competitors include Ediphi, 1build and Monstock.

Buildxact offers Buildxact Software, Takeoffs, Estimating, Quoting, and Scheduling.

Buildxact has 12 investors. Key investors include Regal Funds Management, Perennial Partners, Thorney, Ophir Asset Management, and Shearwater Research.

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