Buildplus offers a digital wallet platform that creates dedicated project accounts and cards for construction firms, automatically routing all income and expenses into separate project wallets. This provides real‑time visibility of cash balances, cost‑to‑complete tracking, and unlimited payments to subcontractors via ACH, RTP, checks, or card, while integrated invoicing captures billable costs and earns cash‑back rewards.
Funding
Funding not disclosed
Founders
Product
Problem
Construction firms often struggle with fragmented financial workflows, where all income and expenses flow through a single bank account, making it difficult to track project-specific cash balances, assess profitability, and pay subcontractors promptly.
Solution
Buildplus provides a digital wallet platform that creates dedicated project accounts and cards, automatically routing incoming and outgoing transactions into separate project wallets. This enables real-time visibility of each job’s cash balance and true cost to complete. Contractors can receive payments via ACH, wire, or check directly into project wallets and disburse funds to subcontractors using RTP, ACH, checks, or card payments without daily limits. Integrated invoicing links expenses to client invoices, ensuring all billable costs are captured. The system also offers cash‑back rewards on project card usage and a web dashboard for monitoring profitability across multiple projects.
Target Audience
Primary customers are general contractors, developers, and homeowners who manage multiple construction projects and need precise, project‑level financial control.
Features
- Automatic segregation of all transactions into dedicated project wallets for instant cash‑balance visibility per job
- Project‑linked physical and virtual cards that support tap‑to‑pay and earn cash‑back on every swipe
- Fast, unlimited payments to subcontractors via ACH, RTP, checks, or card with no daily limits
- Integrated invoicing that pulls expenses from wallets, cards, and bank transactions into client invoices
- Real‑time cost‑to‑complete tracking against subcontracts, change orders, and budget scopes
- Role‑based permissions for inviting clients and subcontractors to collaborate on project finances
- FDIC‑insured deposits through Core Bank with fintech‑only interface