# Billd Exchange

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/billd-exchange

- Industry: Financial Services
- Headquarters: Austin, US
- Website: www.billd.com
- Total disclosed funding: $51M
- Latest round: Series B (Oct 29, 2024)
- Investors on record: 5

## About

Billd Exchange, LLC, based in the US, specializes in contractor financing solutions that alleviate financial burdens for subcontractors in the construction industry, enabling them to efficiently manage cash flow and secure essential material funding.Billd Exchange, LLC provides financial solutions specifically designed for subcontractors in the construction sector. Founded in 2018 in Austin, US, it has completed 7 deals with its most recent deal on October 29, 2024, where the company raised USD 17.5 mn in Series B funding. The funding was co-led by LL Funds and MissionOG, with participation from HighSage Ventures, RJT Credit, and Ulysses Management. Jesse Weissburg is the founder, while Christopher Doyle serves as CEO.Billd offers contractor financing solutions tailored specifically for subcontractors in the construction industry. Their primary service revolves around providing upfront payment for materials purchased from suppliers, allowing contractors to avoid the financial strain of upfront costs. This model simplifies cash flow management for subcontractors, who repay Billd once they receive payment from their clients. Billd serves a diverse range of subcontractors across sectors including roofing, drywall, carpentry, and general construction, primarily within the United States.Billd generates revenue through a business-to-business (B2B) model, partnering with subcontractors to provide financing solutions for material purchases. Subcontractors utilize Billd's services to secure funding for their projects, alleviating financial pressure and enabling them to bid on jobs with confidence. The repayment model allows subcontractors to pay Billd after receiving payments from their clients, enhancing their operational capabilities while managing cash flow effectively.In October 2024, Billd raised USD 17.5 mn in Series B funding to enhance its financial management platform. The company aims to design and launch new products, improving its offerings for subcontractors. Additionally, there are plans for expanding into new geographic regions, although specific markets and timelines have not been disclosed. 
In November 2025, Billd Exchange, LLC raised USD 7.3 million in venture funding led by returning investor MissionOG, with participation from other returning investors RJT Credit and HighSage Ventures. Other unspecified investors also participated in the round. 
The company will use the funding to accelerate the development and launch of new financial products.

## Funding rounds

- Series B, Oct 29, 2024, $18M — MissionOG, LL Funds, Ulysses Management, HighSage Ventures, RJT Credit
- Series B, Jun 14, 2024, $3M — MissionOG, LL Funds, Ulysses Management, HighSage Ventures, RJT Credit
- Series B, Jul 13, 2021, $30M — LL Funds, Ulysses Management, RJT Credit
- Series A, Jan 29, 2019 — LL Funds

## Investors

- LL Funds (https://capitalatlas.ai/funds/ll-funds) — Series A, Series B
- Ulysses Management (https://capitalatlas.ai/funds/ulysses-management) — Series B
- RJT Credit — Series B
- MissionOG (https://capitalatlas.ai/funds/missionog) — Series B
- HighSage Ventures (https://capitalatlas.ai/funds/highsage-ventures) — Series B