Billd has secured $7.3 million in new strategic funding to advance the rollout of expanded financial solutions for commercial subcontractors. The investment was led by MissionOG, a growth equity firm focused on FinTech and lending, with participation from existing investors HighSage Ventures and RJT Credit.
The new funding will support Billd’s development and launch of Predictable Pay, an early pay program developed in collaboration with general contractors. The program aims to provide subcontractors with faster and more reliable payment timelines, addressing long-standing cash flow challenges within the construction industry. The company noted that payment unpredictability continues to be a significant barrier to subcontractor financial stability and business growth.
Founded in 2018, Billd provides working capital products designed specifically for the construction sector. The company’s financing solutions provide subcontractors with access to credit for materials, labor, and other major project expenses, enabling them to manage cash flow cycles and pursue new project opportunities with greater confidence. Billd’s patented analytics and underwriting process are tailored to the unique timing and risk structure in construction payment cycles.
MissionOG’s continued backing further reflects growing market demand for specialized financial infrastructure in construction, an industry where delayed payments remain a widespread operational challenge.
Billd stated that its approach benefits both subcontractors and general contractors by helping create a more predictable and collaborative financial environment across projects. As the company approaches its billion-dollar funding milestone, the investment is intended to continue advancing innovation in construction finance while increasing access to payment and working capital solutions for subcontractors.
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“We continue to be impressed with Billd’s ability to create scalable, practical solutions that have meaningful impact on the construction industry. We are confident in the team’s ability to help subcontractors achieve their goals and proud to continue supporting Billd as they drive innovation in construction finance.”
Andy Newcomb, Managing Partner at MissionOG
“Cash flow instability caused by payment unpredictability is one of the biggest threats to a subcontractor’s business. Early pay programs are one way subcontractors can bring more predictability to their payments and create a more resilient business. This investment helps support our long-term goal of developing financial solutions that empower subcontractors to do the best work of their lives.”
“With early pay programs like Predictable Pay, Billd is providing general contractors with a way to help solve the issue of payment dysfunction in construction. We’re proud to have partners that continue to support us on our mission to bring more predictability to subcontractor payments as we approach our billion-dollar funding milestone.”
Chris Doyle, Founder and CEO of Billd
