BuildPass
“Can an AI-native construction platform bundle preconstruction, site ops, and finance for GCs that Procore prices out?”
Founded2021
HQRichmond, Victoria, Australia
Total raised$15.7M
Latest roundSeed, October 2024
IndustryVertical SaaS / Construction
The story
Founded 2021 as a construction site safety and compliance platform (inductions, sign-ons, SWMS, JSAs). Expanded upward across the GC workflow: added Build (site ops), then in 2026 launched Win (preconstruction/estimating) and Pay (job costing, progress claims, bills, cash forecasting) to become an all-in-one construction OS. Layered BuildPass Agent and MCP on top, positioning as the AI-native alternative to Procore for small-to-mid GCs.
Product timeline
2021
BuildPass founded in Richmond, Victoria as a digital construction site management platform.· founding
2024
Raised $7.5M Seed led by Carthona Capital to accelerate AI-powered construction management.· funding
2026
Launched Pay module — construction finance software covering job costing, bills, pay applications, retainage and cash forecasting.· product
2026
Launched Win module for preconstruction (takeoff, estimating, procurement, proposals) and BuildPass Agent / MCP AI toolkit.· product
The stack
2 layers disclosed in BuildPass’s embedded-finance stack
Payments / PSP
Accounting
in the full report
Accounting gap: minor
7 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.