# Built Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/built-technologies

- Industry: Software
- Headquarters: Nashville, US
- Website: www.getbuilt.com
- Total disclosed funding: $258M
- Latest round: Series D (Sep 30, 2021)
- Investors on record: 16

## About

Based in Tennessee, US, and founded in 2014, Built Technologies operates as a lending platform for construction projects. The company was co-founded by Andrew Sohr and Chase Gilbert (CEO). In February 2021, the company raised its series C funding from investors. In September 2021, Built Technologies raised USD 125 million in series D funding led by new investor TCV, with participation from other new investors. As of 2021, over USD 135 billion in construction value has been managed using its platform, which spans over 200,000 business, homebuilder, land development, and consumer residential projects.

Built Technologies provides a construction finance platform that provides the resources necessary for the whole construction finance ecosystem to make better lending and expenditure decisions. The platform connects commercial and consumer construction lenders, property developers, commercial general contractors, residential homebuilders, specialty contractors, title agencies, and other important industry vendors to improve the flow of money through the construction ecosystem. It helps manage risk, facilitate faster draws and payments, ensure compliance, and inspire client loyalty by integrating all major stakeholders involved in the construction financing process in real-time.

The company plans to expand its Built for Lending product suite and accelerate its go-to-market efforts to serve more bank and non-bank construction lenders throughout the U.S. and Canada.

## Funding rounds

- Series D, Sep 30, 2021, $125M — Index Ventures, TCV, Brookfield Asset Management, Goldman Sachs Asset Management, Nyca, Fifth Wall Ventures, XYZ Ventures, Canapi Ventures, Nine Four Ventures, 9Yards Capital, Addition, HighSage Ventures, GreenPoint Partners
- Series C, Dec 15, 2020, $88M — Index Ventures, Nyca, Witkoff, Nine Four Ventures, Addition, Renegade Partners, GreenPoint Partners
- Series B, Mar 14, 2019, $24M — Index Ventures, Goldman Sachs Asset Management, Regions Bank, Nyca, Canapi Ventures, Nine Four Ventures
- Series A, Nov 1, 2017, $21M — Index Ventures, Nyca

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B, Series C, Series D
- Nyca (https://capitalatlas.ai/funds/nyca) — Series A, Series B, Series C, Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B, Series D
- Regions Bank — Series B
- Canapi Ventures (https://capitalatlas.ai/funds/canapi-ventures) — Series B, Series D
- Nine Four Ventures (https://capitalatlas.ai/funds/nine-four-ventures) — Series B, Series C, Series D
- Witkoff — Series C
- Addition (https://capitalatlas.ai/funds/addition) — Series C, Series D
- Renegade Partners (https://capitalatlas.ai/funds/renegade-partners) — Series C
- GreenPoint Partners (https://capitalatlas.ai/funds/greenpoint-partners) — Series C, Series D
- TCV (https://capitalatlas.ai/funds/tcv) — Series D
- Brookfield Asset Management (https://capitalatlas.ai/funds/brookfield-asset-management) — Series D
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series D
- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Series D
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Series D
- HighSage Ventures (https://capitalatlas.ai/funds/highsage-ventures) — Series D