Billd, a provider of material financing for commercial subcontractors, has closed $30 million of funding led by LL Funds, with participation from RJT Credit and Ulysses Management.
Billd, a leading construction technology company, said it will expand its product and technology offerings to solve the cash-flow challenges faced by contractors. Billd will use the funding to add new employees in order to accelerate growth and scale the company’s infrastructure.
Billd, which works with thousands of contractors and suppliers across the US to solve insufficient construction payment cycles, clocked more than $100 million in revenue.
