A bevy of the country’s most prominent institutional investors have bought into construction tech company Buildxact, sending its valuation soaring to $125 million.
The business, founded in 2010 by its now chairman John Allison, provides residential construction companies with quote estimating and job management subscription software.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com