Governor Josh Stein has announced that BuildOps, Inc., a software company specializing in solutions for commercial trade contractors, will create 291 jobs in Raleigh. The company plans to invest $771,200 to establish an operations hub in Wake County.
“North Carolina offers companies like BuildOps a deep pool of tech talent,” said Governor Josh Stein. “North Carolina’s education and workforce training programs deliver the skilled people companies rely on to succeed in today’s competitive marketplace. We welcome this veteran-owned business to North Carolina.”
BuildOps, founded in 2018 and headquartered in Los Angeles, provides a software-as-a-service platform for project management, service, dispatching, and invoicing. The company’s customers include HVAC, plumbing, mechanical, and electrical contractors. This new hub will be the third for BuildOps, joining existing locations in Los Angeles and Toronto.
“We’re thrilled to establish our newest operations hub in Raleigh, a city known for its exceptional talent pool, innovation-driven ecosystem, and strong commitment to business growth,” said Alok Chanani, Co-Founder and CEO of BuildOps. “This expansion is an important step in our ongoing mission to revolutionize the commercial trade industry.”
Commerce Secretary Lee Lilley noted the growth of North Carolina’s tech sector by 25% since 2018: “The state’s strong concentration of IT professionals has fostered an environment that attracts companies like BuildOps seeking the specialized, talented workforce North Carolina provides.”
The average salary for these new positions will be $110,997 compared with Wake County’s average wage of $76,643. This development is expected to bring more than $30 million annually into the community’s payroll.
A Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee will support this project. Over 12 years, it is estimated to grow North Carolina’s economy by over $701.7 million. The JDIG agreement authorizes potential reimbursement up to $1,839,000 based on performance verification.
Senator Jay Chaudhuri expressed satisfaction with BuildOps’ decision: “I’m pleased to see a fast-growing company like BuildOps plant their flag in Raleigh.” Representative Cynthia Ball added her congratulations: “We look forward to seeing BuildOps reach the next phase of their growth here in North Carolina.”
Several organizations partnered on this project including the North Carolina Department of Commerce and the Economic Development Partnership of N.C., among others.
