Venture Capital
Financing To Support Long-Term Business Objectives and Pivot to Professional Contractors. : VANCOUVER, BC--(Marketwired - March 26, 2018) - BuildDirect, the first technology platform for the home improvement industry, today announced that, in connection with the successful completion of its financial restructuring, it has raised US$28million of new funds and converted US$15 million of Interim Financing provided during the CCAA proceedings for a total raise of US$43 million led by Mohr Davidow Ventures. Additional new and existing investors that participated in the round include Fidelity Investments Canada ULC, Pelecanus Investments Ltd., Lyra Growth Partners Inc., and Beedie Capital.

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