Company Research Report: Buildforce, Inc.

Company Overview

• Name: Buildforce, Inc.

• Mission: "Champion the trades" with a focus on transparency, ownership, teamwork, innovation, and creating a secure and fulfilling path in the construction trades.

• Founded: Launch in Texas in 2020

• Founders: Moody Heard (Co-founder & CEO), Vu Brown (Co-founder & COO)

• Key People:

• Moody Heard, Co-founder & CEO

• Vu Brown, Co-founder & COO

• Mark Di Marco, VP of Engineering

• Brittany Conard, Head of Marketplace Ops

• Isaiah West, Director of Finance

• Colin Harman, Staff Software Engineer

• Others: Reed Smith, Stephanie Bistransin, Patricia Almazan, Michael Harman, Lillian Situ, Seth Brown, Luis Garza, Jason Klein, Melvin Valle

• Headquarters: No information is available

• Number of Employees: As of the update, over 2000+ electricians have been employed via their platform

• Revenue: No information is available

• Company Known For: Providing an easy-to-use platform to match electricians with construction projects, ensuring project efficiency and compliance

Products

• Product Offering: Buildforce primarily operates as a hiring and workforce management platform for electricians.

• High-level Description:

• Platform Features:

• Offers easy match-making of electricians with projects

• Streamlined worker onboarding and management

• Time tracking and GPS location tracking for workers

• Compliance management including daily verified necessary certifications like TDLR

• Certified payroll management for federally-funded projects

• Key Features:

• Buildforce Worker App: Allows for efficient time tracking and workforce management

• Player Cards for Electricians: Provide insights into hours worked, attendance, and performance ratings

• Easy Communication and Support: Dedicated support with account managers, phone, and in-app communication

• Assessment and Verification: Includes skill assessments, background checks, and verification of licenses and certifications

• Certified Payroll Services: Particularly for compliance with the Davis-Bacon Act and prevailing wage laws

Recent Developments

• Recent Developments:

• Acquisition of Ladder, a Y Combinator-backed company, to expand capabilities and reach across the Southeast.

• Recent expansion into new markets in Georgia and Arizona.

• New Products Launched:

• Introduction of enhanced Activity Log and Flexible Time Approval processes as part of a product update.

• New Features Added:

• No information is available on specific new features added to existing products.

• New Partnerships:

• Partners with industry trade groups, including IEC Central Texas, IEC Dallas, and IEC Gulf Coast, to further the electrical and other trades throughout the U.S.

Data Insights

• Projects Completed: 467 projects completed using the Buildforce platform.

• Workers Employed: 2,127 workers employed

• Hours Worked: Total of 826,711 hours worked via the platform since its inception

Organizational Values

1. Champion the trades: Serve the electricians and electrical specialty contractors.
2. Radically Transparent: Encourage open and respectful communication.
3. Complete Ownership: Emphasize ownership, learning, and responsibility among team members.
4. Team over Ego: Decisions favor collective benefit.
5. Dream Big, Move Fast: Address big problems with innovative solutions quickly.
6. Make Music: Embrace creativity and collaboration in problem-solving.

This report is based on the most current information available about Buildforce, Inc. Fields marked as "No information is available" indicate information not accessible from the provided data sources.