Built is a fintech company and leader in construction finance software and construction payment technology.
Built's mission is to empower the entire construction finance ecosystem with the tools necessary to change the way the world gets built.
Built Technologies was founded in 2014 by Chase Gilbert and Andrew Sohr. The company is headquartered in Nashville, Tennessee.
Built is focused on improving the financial performance of the $14 trillion global construction industry with an emphasis on modernizing the movement of money amongst its key stakeholders.
Built connects commercial and consumer construction lenders, commercial real estate developers, commercial general contractors, residential homebuilders, specialty contractors, title companies, and other critical industry participants to improve the flow of capital through the construction ecosystem.
Built’s collaborative software streamlines the collateral monitoring and draw management process – a process widely recognized as highly cumbersome, costly, and fraught with risk.
Built's platform has been used to manage the financing of over $68 billion worth of construction projects, spanning more than 130,000 commercial, homebuilder, land development and consumer residential projects.
Built is backed by Index Ventures, Goldman Sachs Investment Partners, Addition, Canapi Ventures, Nyca Partners, Fifth Wall Ventures and others. The company raised $88M in a Series C round on Feb 04, 2021. This brings Built's total funding to $164.1M to date.