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Billd
Payment solutions for subcontractors
- 101-200 employees
- B2B
- Payments
- Construction
- Financial Services
- 2700 W Anderson Lane #206 Austin, Texas 78757
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Company mission
To provide contractors of all sizes access to funds designed for construction so they can take control of their cash flow and build their business on their terms.
8% employee growth in 12 months
Otta's take
Theo Margolius
COO of Otta
Gaps in funding can cause considerable issues for contractors, including late payroll and bill payments, as well as missing out on projects entirely as they struggle to balance the books and buy materials. Reports suggest that more than 45% of contractors struggle to maintain adequate cashflow.
Billd is a company that allows contractors to finance materials from any supplier, with longer loan terms than is standard in the industry. This can help contractors pay for the materials they need while avoiding slowdowns in cashflow. Equally, the solution allows suppliers to be more competitive by bringing more payment options to the table.
Billd works with thousands of contractors across the United States, as well as regional and national materials suppliers. The company has exceeded revenue expectations and continues to grow, with new products and partnerships in the pipeline. It recently announced a new debt facility that will support increased demand from new and existing customers.
Benefits
- Retirement savings
- Top-of-the-line health plans
- Training and development
- Unlimited PTO
- Healthy snacks and weekly catered lunches
- Dog-friendly workspace
- Onsite gym
- Parental and family leave
Company values
- Grit. Our team hustles. We go above and beyond for our customers and team to do what needs to be done. It may take three or four extra steps but if that is what it takes to take care of the customer or drive an initiative, we do it. To have grit means you have courage and show the strength of your character. A person with true grit has passion and perseverance
- Selfless. It’s all about the mission, the team, and our customers. If you only look out for yourself, this is not a company for you. Being selfless builds a trust that the team has your back, and makes our mission, team, and customer better
- Always Better. The status quo isn’t good enough. We want our employees to challenge the way things were done, bring better solutions to the table, and drive their change. There is never an end, we will always be better. To be always better means you are in constant pursuit to learn and never accept what you have accomplished or built thus far is a finished product
Funding (2 rounds)
Jul 2021
$30m
SERIES B
Jan 2019
$60m
SERIES A
$90m
Total funding
Founders
Christopher Doyle
(President & CEO)After working as Project Manager for Royce Builders, Southwest Construction Services, Institute for Building Technology & Safety, they were the Chief Commercial Officer for Dividend Finance. They then founded Site Capital.
Jesse Weissburg
(CCO)After working as VP of Client Management at the Bank of America, they became Director of Sales and Strategic Partnerships at Gridskipper. They then worked as Director of Sales and Business Development at Dividend Finance before co-founding Billd.
Diversity & Inclusion at Billd
- Billd is committed to diversity and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status