Also known as: Brick
Payments solution for small-scale construction companies.
Small-scale construction companies face delayed payments, limited working capital, inefficient subcontractor payouts, and client collection risks.
Small-scale construction companies face delayed payments, limited working capital, inefficient subcontractor payouts, and client collection risks.
Specialized payments platform offering affordable deposits, project-based capital, streamlined payouts, and risk elimination for collections.
Specialized payments platform offering affordable deposits, project-based capital, streamlined payouts, and risk elimination for collections.
Company closed in 2021.
Event Year: 2021
Company closed in 2021.
Event Year: 2021
GoBuild, formerly known as Brick, developed a fintech platform focused on payments for small-scale construction. The solution addressed financial challenges in construction by streamlining payments and providing working capital access. It targeted home renovation and small construction projects, offering tools to manage payments and related financial complexities.
The platform aimed to increase job volume through standardized, affordable initial deposit options. It provided reliable project-based working capital to improve productivity. Subcontractor payouts were streamlined for better expense management. Additionally, it sought to eliminate client collection risks for construction businesses. These features were designed to alleviate burdens from delayed payments in the sector.
GoBuild served small-scale construction companies, particularly those handling home renovations. The payments and financial software managed complexities of such projects, including deposits, capital access, and payouts. This focus helped businesses handle financial operations more efficiently.
GoBuild, formerly known as Brick, developed a fintech platform focused on payments for small-scale construction. The solution addressed financial challenges in construction by streamlining payments and providing working capital access. It targeted home renovation and small construction projects, offering tools to manage payments and related financial complexities.
The platform aimed to increase job volume through standardized, affordable initial deposit options. It provided reliable project-based working capital to improve productivity. Subcontractor payouts were streamlined for better expense management. Additionally, it sought to eliminate client collection risks for construction businesses. These features were designed to alleviate burdens from delayed payments in the sector.
GoBuild served small-scale construction companies, particularly those handling home renovations. The payments and financial software managed complexities of such projects, including deposits, capital access, and payouts. This focus helped businesses handle financial operations more efficiently.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2021
Fintech payments platform (Y Combinator backed)
Fintech payments platform (Y Combinator backed)
Small-scale construction companies, home renovation projects
Small-scale construction companies, home renovation projects
unknown
Hiring: No
unknown
Hiring: No
As a fintech solution in credit and lending, GoBuild offered specialized financial tools for construction. It participated in Y Combinator's Winter 2021 batch, indicating early-stage development support. The model emphasized payments infrastructure tailored to construction workflows.
As a fintech solution in credit and lending, GoBuild offered specialized financial tools for construction. It participated in Y Combinator's Winter 2021 batch, indicating early-stage development support. The model emphasized payments infrastructure tailored to construction workflows.
GoBuild operated until its closure in 2021. Information indicates it is no longer active, with no ongoing operations noted. The platform's mission centered on empowering small construction firms through better financial management.
GoBuild operated until its closure in 2021. Information indicates it is no longer active, with no ongoing operations noted. The platform's mission centered on empowering small construction firms through better financial management.
Classified under fintech, specifically credit and lending, GoBuild fit within payments solutions for niche industries. It competed in the space of construction-focused financial software.
Classified under fintech, specifically credit and lending, GoBuild fit within payments solutions for niche industries. It competed in the space of construction-focused financial software.
