Built Technologies raises capital to tackle construction lending

Built, a provider of construction lending automation software and a 2017 HW Tech100 honoree as one of the top technology companies in the housing industry, announced this week that it raised $21.

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Built Technologies, a construction lending fintech platform, has raised $55 million in funding through Goldman Sachs and a handful of investors including Regions Financial, the company said Monday. The Nashville, Tenn., company finished $31 million in series B funding through Goldman Sachs with the.

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Built Technologies, a Nashville, TN-based construction lending company, completed a $31m Series B financing round. The round, brought total funding to $55m, was led by goldman sachs investment Partners, with participation from existing investors Index Ventures and Nyca Partners, as well as Regions Bank, Canapi Ventures and Nine Four Ventures.

In 2014 we set out to help banks and other lenders improve the way construction lending works with technology. After first-hand experience with the frustrations of managing residential, commercial, and land development construction loans, we knew that modern technology had to be introduced to improve this complex area of lending.

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Construction Finance Solution Company Built Technologies Raises $31 Million Photo Credit: Built Technologies Built Technologies, a Nashville, Tennessee-based construction lending software company, announced it has raised $31 million in Series B funding led by Goldman Sachs Investment Partners.

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Built, the Nashville, TN based technology company bringing construction lending into the digital age, today reached a pivotal point in the company’s three-year history with a $21 million Series A investment led by global venture capital firm Index Ventures, with participation from New York-based Nyca Partners, a FinTech-focused VC firm. The new Series A brings the total capital raised to date by the company to $25 million.

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