Billy is a technology company.
Billy has raised $4.0M across 1 funding round.
Billy has raised $4.0M in total across 1 funding round.
Billy has raised $4.0M in total across 1 funding round.
Billy's investors include Accomplice VC, Amplify.LA, Entrada Ventures, FabFitFun, Fika Ventures, MetaProp Ventures, Grant Miller, Paul Holland, Tom McInerney, Warren Shaeffer.
Billy, Inc. is a technology platform focused on streamlining compliance workflows in the construction industry, particularly around managing certificates of insurance (COI), W9 tax forms, business licenses, and other compliance documents. Its solution digitizes and automates contract compliance processes on construction projects of all sizes, aiming to make staff more operationally efficient by eliminating manual paperwork and reducing administrative burdens. Billy serves general contractors, construction firms, and vendors by providing a centralized, automated platform that integrates with construction management software like Procore to simplify vendor compliance and risk management[1][5].
Billy was founded in 2020 in New York City by Nyasha-Harmony Gutsa, a problem solver passionate about digitizing construction and insurance workflows. Nyasha’s background includes experience at Procore Technologies, a leading construction management software company, which influenced the development of Billy’s platform. The idea emerged from recognizing the inefficiencies and risks associated with manual compliance tracking in construction projects. Early traction came from partnerships with investors such as Entrada Venture and MetaProp, and integration with established construction software, which helped Billy gain credibility and adoption in the construction ecosystem[1].
Billy rides the growing trend of digital transformation and automation in the construction industry, a sector traditionally reliant on manual, paper-based processes. The timing is critical as construction firms face increasing regulatory scrutiny and risk management demands, alongside a broader push for operational efficiency through technology. Market forces such as the rise of PropTech (property technology) and InsurTech (insurance technology) create fertile ground for platforms like Billy that bridge construction and insurance compliance. By digitizing compliance workflows, Billy reduces risk exposure and administrative overhead, influencing the broader ecosystem by setting new standards for construction project compliance management[1].
Billy is well-positioned to expand its footprint as construction firms increasingly adopt digital tools to manage risk and compliance. Future growth will likely be driven by deeper integrations with construction management and insurance platforms, enhanced automation features, and possibly expanding into adjacent compliance areas. Trends such as increased regulatory complexity and the digitization of construction workflows will shape Billy’s journey, potentially making it a key player in the digitization of construction compliance. Its influence may evolve from a niche compliance tool to a broader operational platform that helps construction firms manage risk, compliance, and vendor relationships more holistically[1][5].
Billy has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in June 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2021 | $4.0M Seed | Accomplice VC, Amplify.LA, Entrada Ventures, FabFitFun, Fika Ventures, MetaProp Ventures, Grant Miller, Paul Holland, Tom McInerney, Warren Shaeffer |