MELBOURNE, VICTORIA—15 December 2022 – Buildxact, a global SaaS company providing a simple solution for custom home builders to better manage and grow their business, announced today it has made the Australian Financial Review Fast 100 list for the second year in a row.  

“Making the list two years in a row in a challenging economy is testament to the value Buildxact brings to custom home builders and their material dealers who use the software to bid and win more work,” said David Murray, Buildxact CEO. 

The list is determined via a submission process and ranking is based on a company’s compound annual growth rate. To be considered for the list, an Australian company must be independently managed, earned revenue greater than $5 million from multiple customers during fiscal year 2022, and have been earning revenue before July 1, 2017. 

Since 2011, Buildxact has grown to be a global construction management software company, operating in Australia, The US, Canada, The UK, and New Zealand. 

“We continue to execute on our purpose of making the residential construction industry simpler and more efficient,” said Murray. “My thanks to all the Buildxact team and our customers that continue to make Buildxact a leader in the provision of software solutions, here and abroad.” 

About Buildxact 

Buildxact gives custom home builders, contractors and dealers control of their business to get jobs done. Using easy-to-use features, job estimates take less time and ordering supplies is possible 24/7 using online price lists. Founded in 2011 in Australia, Buildxact continues to expand globally, operating in the United States and Canada from its regional headquarters in Austin, Texas. Buildxact also does business in New Zealand and the UK. 

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AUSTIN, TEXAS—November 10, 2022—Buildxact, a global Software-as-a-Service company that provides a simple solution for dealers, residential builders and remodelers to better manage and grow their business, is a top construction management tool according to surveyed users on the Capterra software ranking and selection platform.

A Capterra formula of user rankings and web searches has placed Buildxact on The 2022 Capterra Shortlist for Construction Scheduling Software. Buildxact, which entered the North American market in 2020, is considered an Emerging Favorite based on a matrix of user rankings and popularity among web users. Reviews in the past two years contributed to Buildxact receiving 49 out of 50 points in customer ratings.

“We are honored that the builders and dealers who use our platform say they have had such a positive experience with Buildxact,” Chris Rennie, Executive Vice President, Customer Experience and Product, said. “Our pro dealers and builders are bidding more projects, earning more profits and working more efficiently with our platform of takeoff, estimating and project management tools. As we continuously improve, we look forward to helping our customers continue to grow their businesses.”

With Buildxact users can quickly transition from material takeoffs and estimating, to scheduling and project management. Built-in dealer collaboration tools and price list integrations allow builders and dealers to quote projects up to 5x faster than traditional means. Buildxact’s Client Portal, project scheduling and lead management features all received five-star ratings, according to user surveys on Capterra.

About The Capterra Shortlist

The Capterra Shortlist report constitutes the subjective opinions of individual end user reviews, ratings and data applied against a documented methodology that neither represents the views of, nor constitute an endorsement by Capterra or its affiliates.

About Buildxact

Buildxact gives custom home builders, contractors and dealers control of their business to get the job done. Using simple features, job estimates take less time and ordering materials is possible 24/7 using integrated member price lists. Founded in 2011 in Australia with North American headquarters in Austin, Texas, Buildxact continues to expand its global presence with customers in the US, Canada, the UK, Australia and New Zealand. For more information about how builders and dealers benefit using Buildxact, visit the Buildxact website.

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In doing so, we can continue to invest in our product with new features that we will announce over the coming months through our newsletter, social media and in-app notifications. 

Some of these recent product features include:

• Supplier integration (available for Pro subscribers) 
• Custom quote templates 
• Digital acceptance 
• The Client Portal

Our commitment is to continually invest back into our product, improving Buildxact for our customers. There are now thousands of builders using Buildxact to quote over $2 billion per month in Australia and New Zealand. 

Recently, Forbes voted Buildxact as the Best Construction Management Software overall, which makes us incredibly proud of the value we can bring to you and the wider industry. 

If you have any questions or queries regarding the price change, please reach out to our Support Team by sending an email to support@buildxact.com or by sending a message on chat. 

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Forbes listed Buildxact software as the best overall construction estimating software for 2022, giving it a 4.5-star rating. Forbes editors considered pricing, general features and customer reviews when compiling their list of the best construction software solutions in the market.  

Construction estimating can make or break a custom home builder’s small business. As you know, estimates must be as accurate as possible to protect profits. Estimates include labor and materials costs. Using Buildxact, you can create estimates and bids that are as close as possible to the actual prices that come in as your project progresses – critical in today’s inflationary economy. Custom home builders like you need this to ensure bills are paid on time, your family is well taken care of, and you have money left over to enjoy life when not on the job.

Forbes highlighted Buildxact simplicity as a big plus because it allows you to use one system from takeoff, to estimate, to scheduling trades and even to the final invoice.  

And our users rated us 4.6/5 on Software Advice. The reviews highlighted notable features like centralized document management, visual task scheduling and easy-to-follow progress reports. All three are essential to help a construction project progress smoothly so you can finish on time.  

A great example of how Buildxact software works for the builder is takeoffs. Takeoffs are easy with our cloud-based software. You can use the online blueprints and scales to measure square footage quickly to ensure material counts and prices are accurate. Throughout the project, Buildxact gives you more visibility on your financials by offering comparisons between estimates and actual prices. This visibility empowers you to make educated decisions that are critical during times when supply chains are uncertain and labor shortages are common. 

Buildxact also allows you to automatically link takeoffs to the item costs so that builders don’t need to input them every time manually. Because it takes more than just one builder to complete construction projects successfully, our software allows users to share information and communicate with team members, general contractors and suppliers.  

The days of messy desks covered with essential work documents are gone. Buildxact helps keep everything organized and allows you to manage all project-related documents such as photos, blueprints, and plans. You also can track and document progress with pictures at each project stage. 

And you are never on your own with Buildxact. Customer support is always just an email message, phone call, or chat message away.  

Why bother trying any of the other options available to you? Listen to Forbes and Software Advice. You won’t regret it!  

Book a demo  

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These reports are independent assessments enlisting the top products under different categories based on the independent user ratings and reviews.  

Winning accolades from a globally renowned customer satisfaction-centric organization reflects Buildxact’s continued emphasis on delivering the best products for its customers in the residential home building industry. 

CEO and founder David Murray said, “Right from the beginning, Buildxact was built to become the foremost platform where builders and suppliers can converge to drive their business forward and improve efficiencies of the supply chain in the residential home building sector.” 

“Four things form the foundations of this company’s success. A solid strategy and the ability to put that strategy into place for our customers. For this to happen, we have a culture in Buildxact where we have the people driven by a purpose to deliver the best products and service to our customers.” 

“Receiving this recognition from Gartner reaffirms the confidence that Buildxact is building something special for our customers. They will always stay at the forefront of what we do and continue to build on.” 

Check out our amazing wins below: 

Capterra  

Construction Management 

(Check out the methodology here)

“They are always there for help if required and they are always looking for better ways to improve. Great software to have for quoting, time saving.” – Sharon L.

[Source: Capterra] 

GetApp 

Construction Management 

(Check out the methodology here) 

“Great after sales services , and follow you up. Always looking to improve and upgrade, asking for our thoughts and also testing some new ideas.” – Jamie K.

[Source: GetApp] 

Software Advice 

Construction Management 

(Check out the methodology here) 

“Estimates are so much quicker. I have been an estimator for over 20 years and this system makes my job so much easier and faster.” – Bruce

[Source: Software Advice] 

Buildxact is rated 4.6 (out of 5) on all Gartner Digital Market brands. Our users have made this possible! Thank you for loving and believing in us! 

Want to share what you like about Buildxact? Click here. 

About Gartner Digital Markets: 

Gartner Digital Markets is a Gartner business unit composed of Capterra, GetApp, and Software Advice. It is the world’s premier source for software vendors to connect with in-market buyers, through research, reviews, and lead generation. 

Keen to find out more about how Buildxact can help you with your business? Sign up for a demo or take a 14-day free trial.

Save time and money and do more what you love with Buildxact.

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“Builders increasingly use dealer price lists and product descriptions in Buildxact to better manage costs and become more efficient,” Hall said. “I’m looking forward to facilitating these and other improvements as the builder and dealer relationships become less transactional and more collaborative.”

Throughout his career at IBM, Kyndryl and Telstra Enterprise, Hall has held senior roles in sales, services and business development. At IBM, he worked for seven years in Asia, living in both Hong Kong and Tokyo.

“Mark is passionate about people, culture and customers and has worked at all levels of business at small, medium and large organizations in private industry and government,” Steve Yates, Buildxact Executive Vice President of Enterprise Sales said. “He is a great addition to our already very strong executive team and will be instrumental in driving support for builders as dealers accelerate a greater number of integrations into our platform.”

About Buildxact

Buildxact gives custom home builders, contractors and dealers control of their business to get jobs done. Using easy-to-use features, job estimates take less time and ordering supplies is possible 24/7 using online price lists. Founded in 2011 in Australia, Buildxact continues to expand globally, operating in the United States and Canada from its regional headquarters in Austin, Texas. Buildxact also does business in New Zealand and the UK.

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AUSTIN, TEXAS—April 13, 2022 – Buildxact, a global SaaS company providing a simple solution for custom home builders to better manage and grow their business, announced today it is now counted among the top places to work in the U.S., as defined by the workplace culture experts at Great Place to Work.

Great Place to Work identifies the world’s best workplaces by analyzing employee surveys that represent tens of millions of employee opinions worldwide. In a recent survey from Great Place to Work completed by Buildxact employees earlier this year, 89% of the software company’s U.S. employees rated the company as a great place to work.

“Buildxact is growing fast, and this recognition from Great Place to Work reflects our employees’ excitement at working for a company with exceptional values and a commitment to making a difference in the lives of custom home builders,” Leah Walling, Buildxact Executive Vice President of Demand Generation said.

“I am so proud of our diverse team and the great culture we’ve built at Buildxact. Doing work that is meaningful and makes a difference is increasingly important to workers today. Our employees know we’re committed to helping home builders run successful businesses. Using our enabling software and collaborative platform, our customers can be more responsive at a time when affordable housing is needed by so many.”

As part of the survey, employees rated Buildxact in the following areas:

• 100% of employees say they make a difference
• 100% of employees say they felt welcome when joining Buildxact
• 95% of employees say management is approachable
• 95% of employees say management trusts teammates to get the job done
• 95% of employees say they have a lot of responsibility

About Buildxact

Buildxact gives custom home builders, contractors and dealers control of their business to get jobs done. Using easy-to-use features, job estimates take less time and ordering supplies is possible 24/7 using online price lists. Founded in 2011 in Australia, Buildxact continues to expand globally, operating in the United States and Canada from its regional headquarters in Austin, Texas. Buildxact also does business in New Zealand and the UK.

The company recently secured $14 million in capital investment to boost its growing presence in North America and expansion into the United Kingdom in 2022. Buildxact ranks among the fastest-growing companies in Australia as recognized by The Australian Financial Review’s 2021 Fast 100.

Media Contact:
Marissa Wagner
Marcomms Manager
marissaw@buildxact.com

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ORLANDO, Feb. 8, 2022 – Buildxact, a global SaaS company that provides a simple solution for residential builders and remodelers to better manage and grow their business, was awarded the silver medal in the Construction Management Software category at The Nationals^SM Awards during the National Association of Home Builders (NAHB) 2022 International Builders Show (IBS). 

“This recognition by NAHB of Buildxact’s industry-leading software is validation of the value we are providing to the residential construction industry,” said Buildxact CEO David Murray. “To come second to a global leader in James Hardie is an enormous achievement for our company as we expand globally.” 

The annual award program recognizes the most cutting-edge, advanced and original products, services, homes, communities and champions of the building industry from around the world. Award winners are those companies and individuals that have exceeded expectations by reaching out to connect with the construction industry and improve the world, according to the NAHB website.  

“We are honored and excited to be among the 2022 award winners,” said Murray. “This award recognizes the dedication our global team has for our customers. We are all about helping custom builders and contractors take the hassle out of running their business, so they have more time to do what they do best.” 

A few months ago, the construction tech player announced a significant launch designed to capture a new segment of the residential construction market, becoming the first provider in the world to connect builders with dealers through one central platform. 

About Buildxact

Buildxact gives custom home builders, remodelers and dealers control of their business to get the job done. With easy-to-use features, job estimates take less time and ordering supplies is possible 24/7 using online price lists. Founded in 2011, Buildxact does business in Australia, New Zealand, Canada and the United States. The company recently secured US$14 million in capital investment to boost its growing presence in North America and expansion into the United Kingdom in 2022.

About The Nationals^SM

The Nationals^SM includes nominees from The Best of 55+ Housing Awards, Global Innovation Awards and NAHB Honors. The Best of 55+ Awards celebrates the fastest-growing niche in home building with the 55+ sector’s only national recognition program. The Global Innovation Awards celebrates the innovative projects, products and services disrupting the global residential building industry.

The competition is presented by the National Sales and Marketing Council (NSMC), a council of the National Association of Home Builders (NAHB).

Buildxact contact:

Marissa Wagner
marissaw@buildxact.com 
(210) 287- 6043 

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Melbourne, Australia – 31 January 2022 – Buildxact, a global SaaS company providing a simple solution for residential builders to better manage and grow their business,  has closed an AU$18.5 million (US$14 million) in a Series A funding round. Founded in Australia, and with already an established presence in the U.S. and Canada, Buildxact secured funding from some of Australia’s preeminent venture capital funds, taking Buildxact’s valuation post money to more than AU$125 million (US$92.5 million).

With the ambition to become a global powerhouse in construction tech, the company will use the funds to expand its global footprint, with deeper penetration of the ANZ, U.S. and Canadian markets, and a launch in the UK this quarter. Specifically, Buildxact will double down on their growth in the U.S. and Canada, and a large part of the new funds will be used to fund the company’s expansion in this region. 

The funds will also be put towards continued product innovation. A few months ago, the construction tech player announced a significant launch designed to capture a new segment of the residential construction market, becoming the first provider in the world to connect builders with materials suppliers through one central platform.

Buildxact offers a SaaS solution for the residential construction sector, designed to help builders and suppliers better control their business, delivering greater efficiency and simplicity. Backing Buildxact’s vision, the significantly oversubscribed Series A funding round saw six of Australia’s most respected investment institutions participate, including Regal Funds Management as the lead investor, Possible Ventures, Shearwater Capital, Ophir Asset Management, Washington H. Soul Pattinson, SecondQuarter Ventures, and Thorney Opportunities. There was strong demand from investors, with offers exceeding AU$28 million (US$20.7 million). 

Explaining the investment opportunity, Jessica Farr-Jones, Portfolio Manager at Regal Funds Management said that “Buildxact addresses a large but underserved market that typically relies on inefficient applications such as Word, Excel and email to estimate costs and manage projects. Diligence calls with both builders and building materials’ suppliers revealed a significant degree of ‘customer love’, citing Buildxact as the only cloud-based job estimating and job management solution. After already achieving significant traction in the Australian market, Regal is excited about the opportunity for Buildxact to penetrate further in the U.S. and Canada, and launch into the UK. With an incredibly strong founder-led management team, we believe the company is uniquely placed to become a global leader in this market.” 

Chris Hitchen, Managing Partner at Possible Ventures added “From our first interactions with Buildxact, we knew they had a remarkable mix of deep industry knowledge, and proven experience developing large-scale software companies. Buildxact is the perfect example of simple-to-use software taking an industry from the dark ages of spreadsheets, to the speed and convenience of the cloud. Building on their considerable traction in Australia, we are excited to support their global expansion.”

David Murray, CEO of Buildxact said “We are delighted by the strong support from the investor community, and the confidence they show in Buildxact. Our company is solving fundamental problems for the residential construction industry, and through this capital, we will be able to further expand our global operations, becoming the clear leader in software solutions for the builder and their engagement with suppliers.”

“Buildxact has performed extremely well over the last few years, growing rapidly, especially in the U.S. market,” says Buildxact board member and Aconex (acquired by Oracle) founder Leigh Jasper, who also participated in the round. “I’m thrilled to build on my early investment for the next phase of the company’s growth and the long-term vision of enabling residential builders to get ahead with simple online job estimating and management software.”

A strong U.S. footprint and upcoming UK launch

The announcement comes off the back of a strong year of growth for Buildxact, with Annual Recurring Revenue growing more than 100% year-over-year in FY21, and an increase of 81% of its subscriber base over the same period. Twenty percent of Buildxact revenues are now coming from foreign markets, with the strongest growth coming from the U.S. and Canadian markets, where the company signed recent strategic partnerships, including with leading ERP provider, Epicor.  Buildxact now has subscribers in six countries and expects the majority of its customers and revenue to come from outside the Australian market by 2024. 

To further accelerate global operations, the company will launch in the UK in early 2022. The size and make-up of the residential construction market in the UK, together with a gap in tech offering, and similar building practices to the markets that Buildxact currently operates in, makes the UK a natural next step in the company’s global expansion strategy. 

-END-

About Buildxact

At Buildxact, we give custom home builders and suppliers the power to control their business to get the job done. With our easy-to-use software, job estimates, quotes and schedules take less time and ordering supplies is streamlined using online price lists. Our customers have a clear sight of income and expenses, and we provide the latest cloud-based technology to keep them ahead of the curve and win the jobs needed to grow their business. 

Buildxact was founded in 2011 because repetitive tasks, like estimating, should take less time so that everyone has more time for what truly matters in life. Buildxact operates in the U.S., Canada, Australia, New Zealand. Buildxact ranks among the fastest-growing companies in Australia as recognized by The Australian Financial Review’s 2021 Fast 100 List.

www.buildxact.com.au 

Media contact

Sebastien Meunier

sebastien@sebmeunier.com

+61 431 364 170

Original article: read here

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