# Buildxact

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/buildxact

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.buildxact.com
- Total disclosed funding: $13M
- Latest round: Series A (Jan 31, 2022)
- Investors on record: 7

## About

Based in Melbourne, Australia, and founded in 2007, Buildxact operates as a software company that provides residential builders, remodelers, renovators, contractors, and trades in the residential construction market with simple online business tools. In January 2022, Buildxact raised USD 18.5 million in series A funding led by Regal Funds Management, with participation from Ophir Asset Management, Possible Ventures, SecondQuarter Ventures, etc. As of December 2022, David Murray is the Chief Executive Officer (CEO) of the company.

Buildxact is a developer of a software application for residential builders and traders to manage jobs. Furthermore, the company software uses cloud computing technology to solve real pain points and drive innovation in the construction industry and streamlines the building process from preparing quotes and costings to purchasing, scheduling, project management, and invoicing, allowing residential home builders and renovators to manage multiple projects while keeping information from first contact and quote to the final invoice.

The company provides different software plans such as USD 169 per month for one user, USD 289 per month for 2 users, and USD 449 per month for 4 users.

The company plans to use the January 2022 funding to strengthen its presence in Australia, New Zealand, Canada, and the US.

## Funding rounds

- Series A, Jan 31, 2022, $13M — Ophir Asset Management, Thorney Investment Group, Regal Funds Management, Soul Patts, Shearwater Capital, SecondQuarter Ventures, Possible Ventures

## Investors

- Ophir Asset Management — Series A
- Thorney Investment Group — Series A
- Regal Funds Management — Series A
- Soul Patts — Series A
- Shearwater Capital — Series A
- SecondQuarter Ventures (https://capitalatlas.ai/funds/secondquarter-ventures) — Series A
- Possible Ventures — Series A