Billd, a financial technology company focused on commercial subcontractors, has raised $7.3 million in strategic funding to expand its early pay programmes.

The round was led by MissionOG, a growth equity firm specialising in FinTech and lending. Existing investors HighSage Ventures and RJT Credit also participated in the funding.

Founded in 2018, Billd was established by professionals with experience in both construction and finance. The company provides financial solutions designed to address persistent cash flow challenges faced by subcontractors. Its platform offers flexible credit and working capital options to help manage material and labour costs, especially when payments are delayed.

The latest funding will support the rollout of Predictable Pay, an early pay programme developed in collaboration with general contractors. The initiative aims to provide subcontractors with faster and more predictable access to payments.

Billd founder and CEO Chris Doyle said, “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.”

Andy Newcomb, managing partner at MissionOG, added, “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.”

With this funding, Billd plans to further strengthen its financial products aimed at improving liquidity and predictability for subcontractors, a long-standing challenge in the construction sector.

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