Built Technologies raises capital to tackle construction lending

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– 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 investment led by global venture capital firm index ventures, with participation from New York-based Nyca Partners, a FinTech-focused VC firm.

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Built, a provider of construction lending automation software and a 2017 HW Tech100 honoree as one of the top technology companies in the housing industry, announced this week that it raised $21.

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Fintech Construction Lender built technologies raises mm. nashville, TN-based Built Technologies, an online lender to the construction industry, closed a $21 million series A investment led by global venture capital firm Index Ventures, with participation from New York-based Nyca Partners.. The new series A brings the total capital raised to date by the company to $25 million.

The Construction Industry's Lending Catch-22. sub-contractors and suppliers, while payments also face additional friction by. Chase Gilbert, CEO of construction FinTech firm Built Technologies, told. In the vast majority of cases, contractors don't have the working capital in their bank account to pay all.

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