Built Technologies raises capital to tackle construction lending

Built Technologies is a Nashville-based fintech company bringing construction lending into the digital age. By digitizing the collateral monitoring and draw process associated with servicing construction loans, Built helps lenders reduce risk, increase profitability and.

How tech tackled the construction industry's inefficiency in 2017. Just last week, Navitas Capital, a VC fund focused entirely on construction and real. Built Technologies raised $21 million to “bring construction lending into.

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In connection with the initiative, the Company also announced that it is seeking to raise up to $500,000 in additional working capital for the. mortgage lending, real estate, technology, marketing.

Funding led by Index Ventures will enable construction lending innovator to capitalize on accelerated growth, deepen team, and bolster investments in data utilization for industry Nashville, TN – 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.

Built construction lending technology company raises $21 million. Built, led by CEO Chase Gilbert, was created in 2014 to streamline the process of financing housing and commercial construction. Index Ventures in San Francisco led the investment, which also included capital from Nyca in New York, bringing the company’s total raised capital to $25 million.

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How Built Technologies Inc. attracted Silicon Valley-based. – Goldberg’s firm index ventures led the round, with New York City-based venture capital firm Nyca Partners also joining the raise. Built works as a middle-man for those in construction lending by.

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