FundraiseJul 28, 2026

Buildforce lands $10M Series A to staff electricians nationwide

What's the deal?

Buildforce, a tech-enabled electrician staffing company, has raised $10 million in Series A funding led by Saepio Capital. New investor Blue Heron Capital joined, alongside existing backers Revolution's Rise of the Rest Seed Fund, S3 Ventures, and Chicago Ventures.

What does it do?

Founded in 2019 and based in Houston and Austin, Buildforce connects electricians with contractors on commercial and industrial construction projects. Its mobile app lets individual electricians find work, while a web app helps contractors manage them.

By the numbers:

Buildforce electricians have logged over 2,000,000 hours across more than 2,000 commercial construction projects to date.

What's the money for?

The capital will fund national expansion and further technology development for both electricians and contractors. Saepio, which led the round, is doubling down after backing the company previously.

Why now?

The US faces a deepening shortage of skilled electricians as demand climbs from data center construction, infrastructure investment, and the energy transition. A 2026 BlackRock report projects the electrical trade will be the fastest-growing US employment category over the next decade, at 9.5% annual growth.

"This financing is a major milestone in furthering our mission to help people dedicated to a career in the construction trades lead more secure and fulfilling lives," said chief executive officer and co-founder Moody Heard.

Investor view:

"Buildforce created the platform that electricians and contractors needed — a purpose-built labor marketplace with deep workflow integrations beyond job posting," said Nick Graziano, principal at Blue Heron Capital. Saepio's Jaan Bains framed the bet around "America's generational infrastructure buildout."

The signal:

Investors are wagering that the labor bottleneck in electrical work — not just the projects themselves — is where value accrues. As demand for power and data infrastructure surges, purpose-built marketplaces for scarce skilled trades are drawing fresh capital.

Image credit: Buildforce Services

Source: dealroom

More top stories