Built Technologies raises capital to tackle construction lending

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Nashville fintech company discloses 8-figure equity raise. A Nashville-based fintech company that aims to ease the construction-loan process has completed an eight-figure capital raise. Built Technologies Inc. raised $20.6 million in equity from 14 investors, according to a filing with the U.S. Securities & Exchange Commission.

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. Goldman Sachs plans to help Built Technologies by streamlining its current loan process in place.

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techniques and new sources of finance will help to ensure that. has led banks to tighten lending standards, particularly for small-. project or country are likely to face a more challenging funding.. investment community and helps build local capability.. construction risk and fewer delays to the completion schedule. LNG.

Sohr-backed DataFi mulls further Seed capital for fintech platform:. The company continues to raise Seed capital, as but one example, community banks wanted to extend their geographic reach for construction lending, technology could then help support their oversight of distant projects.

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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.

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