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.
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 |
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.
| 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 |
Investments & Acquisitions by Buildxact
Financial Statements - Buildxact
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.
| 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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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. The company's 1st funding round was a Series A of $8.5M, raised on Dec 17, 2019.
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 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.