<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF BUILDNET, INC. FOR THE YEAR ENDED DECEMBER 31, 1999 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               DEC-31-1999
<EXCHANGE-RATE>                                      1
<CASH>                                      51,874,821
<SECURITIES>                                29,650,000
<RECEIVABLES>                                2,755,606
<ALLOWANCES>                                   335,974
<INVENTORY>                                          0
<CURRENT-ASSETS>                            81,528,069
<PP&E>                                       6,522,621
<DEPRECIATION>                               1,312,996
<TOTAL-ASSETS>                             134,726,394
<CURRENT-LIABILITIES>                       14,032,642
<BONDS>                                              0
<PREFERRED-MANDATORY>                      135,722,983
<PREFERRED>                                     11,188
<COMMON>                                       548,720
<OTHER-SE>                                 (28,214,569)
<TOTAL-LIABILITY-AND-EQUITY>               134,726,394
<SALES>                                     14,600,929
<TOTAL-REVENUES>                            14,600,929
<CGS>                                        9,026,423
<TOTAL-COSTS>                               32,586,743
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                               335,974
<INTEREST-EXPENSE>                         (10,514,905)
<INCOME-PRETAX>                            (28,529,120)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (28,500,719)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                (28,401)
<CHANGES>                                            0
<NET-INCOME>                               (28,529,120)
<EPS-BASIC>                                      (0.84)
<EPS-DILUTED>                                    (0.84)