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Big names back next big hope in property tech

Yolanda Redrup
Yolanda RedrupRich List Editor

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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

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    Original URL: https://www.afr.com/technology/big-names-back-next-big-hope-in-property-tech-20220125-p59r6h