Built Technologies raises capital to tackle construction lending
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Why we raised $21M to fix construction lending – 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.
Read on for a first-time founder's guide to where to look for funding, and which. You probably need a website, a tech team, some office space, and, of course, the money you have instead of borrowing or raising is a great approach-in fact, That will ultimately depend on the type of business you're building, but there.
Money became a god; people were given appointments they did not deserve and from there they built empires. system and not the cause of the problem. To tackle the problem, the nation is meant to.
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.
Launched in 2014 by CEO Chase Gilbert, the Nashville-based construction lending startup Built aims to improve the construction loan process for both residential and commercial construction. To that end, the company recently announced a $21M infusion of venture capital from San Francisco’s Index Ventures and Nyca out of New York City.
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Built Technologies, a Nashville, TN-based construction lending company, completed a $31m Series B financing round.
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Fintech construction company Built Technologies announced it raised $31 million its Series B financing round. The round, which brings Built’s total funding to $55 million, was led by a big name in capital: Goldman Sachs Investment Partners. The round also featured existing investors Index Ventures and Nyca Partners, as well as Regions Bank, Canapi Ventures.
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