Funding Billd Raised $100M That Isn't Equity — and the Pitch Is That Subcontractor Cash Flow Is an Asset Class Announced 5 November from Austin and Chicago: a $100 million credit facility from Victory Park Capital, to expand working-capital financing for commercial construction subcontractors. The release names no terms, no volume financed and no customer count. What it does carry is a claim about what Billd thinks it has built — eight years of pioneering construction working capital 'as an asset class' — and that claim is the actual news. Hugo Pegley · Nov 13, 2026
Product Sky Systemz Ships a Mobile App and Pitches an 'Operating Network for Construction' At its first Construction Technology Summit, the Lexington payments-software company launched the SkyOS mobile app and previewed a customer portal, expanded AI and Pay By Bank 2.0 — the pieces of a bet that construction's money and operations should live on one connected platform. Hugo Pegley · Jul 20, 2026
Funding Handle Raises $27M — a Bet That Construction's Most Valuable Software Is Hiding in Accounts Payable The San Francisco payments-and-compliance startup says it now runs more than $160 billion in construction invoices for customers like Ferguson, Cemex and Home Depot's distribution arms. Its Series B, led by Marbruck, funds a push from getting suppliers paid into running construction's whole money flow. Hugo Pegley · Jun 22, 2026
Funding Earlytrade raises $25M to bring agentic AI to construction payments The subcontractor-payments marketplace, led by S3 Ventures, is betting that AI agents can finally unclog an industry where getting paid still takes 60 to 90 days. Hugo Pegley · Jun 12, 2026
