BuildPoint, founded in 1999 and headquartered in Redwood Shores, California, offers e-commerce services to the commercial construction industry, focusing on SaaS solutions. The company's platform enables seamless communication, negotiation, and transactions between buyers and sellers of construction products and services. Its offerings include online bid solicitation management, lead generation, materials procurement, and financial management applications related to insurance and lending. Notably, the last significant investment of $20.00M came through a Series B round on 16 March 2000, with involvement from prominent investors including Sapphire Ventures, Chase Capital Partners, Thomas Weisel Partners, Vortex Partners, and TechFund Capital. In June 2004, BuildPoint was acquired by Construction Software Technologies, marking a significant development in its trajectory within the construction industry. BuildPoint's focus on B2B, E-Commerce, SaaS, and Construction segments aligns with the growing digital transformation trends in these sectors.
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