BuildOps, a commercial services platform, has raised $127 million in a Series C funding round led by Meritech Capital, valuing the company at $1 billion. This latest investment increases its total funding to over $250 million since its founding in 2018. The Los Angeles-based firm specializes in software for commercial contractors, enhancing project management and efficiency through AI-powered automation. With over 1,000 customers, BuildOps plans to expand its workforce and invest in product development. The company aims for aggressive scaling despite not yet being profitable.