Buildforce, the largest tech-enabled electrician staffing business in the United States, has successfully raised $10 million in Series A funding, led by Saepio Capital. The funding round, which also saw participation from Blue Heron Capital, Revolution's Rise of the Rest Seed Fund, S3 Ventures, and Chicago Ventures, was announced on July 28, 2026. The capital raised will be utilized to accelerate the company's national expansion efforts and enhance its technology offerings.
Founded in 2019, Buildforce operates a dual-platform model that connects electricians with electrical contractors engaged in commercial and industrial construction projects. The company has reported that its electricians have logged over 2 million hours across more than 2,000 projects. The Buildforce Mobile Application serves as a tool for individual electricians to find work, while a complementary web application enables electrical contractors to manage their workforce effectively. This innovative approach positions Buildforce as a significant player in the staffing sector, particularly within the electrical trade.
The strategic rationale behind the funding is underscored by the growing demand for skilled electricians in the U.S. labor market. According to a 2026 economic report from BlackRock, the electrical trade is projected to be the fastest-growing employment category over the next decade, with an annual growth rate of 9.5%. This demand is largely driven by infrastructure investments, data center construction, and the ongoing energy transition. As a result, Buildforce is well-positioned to capitalize on this trend, providing a much-needed solution to the labor shortages in the electrical sector.
Investors have expressed confidence in Buildforce's mission to leverage technology for the benefit of both electricians and contractors. Saepio Capital's Managing Partner, Jaan Bains, highlighted the company's potential to make a significant impact on the labor market, while Blue Heron Capital's Principal, Nick Graziano, emphasized the importance of Buildforce's purpose-built labor marketplace. The backing from these strategic investors not only provides financial support but also enhances Buildforce's credibility in a competitive landscape.
The successful fundraising round signals a positive outlook for the staffing sector, particularly for companies that integrate technology into their operations. As the demand for skilled labor continues to rise, firms like Buildforce are likely to attract further investment and attention. This trend could lead to increased innovation and efficiency in the staffing industry, ultimately benefiting both workers and employers as they navigate the complexities of a rapidly evolving labor market.
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