Built

New York, United States Founded: 2019 • Age: 7 yrs Acquired By Built
Loan origination solutions are provided for mortgage lenders.
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About Built

Built is a company based in New York (United States) founded in 2019 by Evan Farinholt, Adam Kerr, and Jeff Saul was acquired by Built in July 2022. It operates as a SaaS (Software-as-a-Service). Built has raised $150 thousand across 1 funding round from investors including Built. Built offers products and services including Construction Loan Administration, Deal Management, Construction Financials, and Construction Payments. Built operates in a competitive market with competitors including SimpleNexus, Roostify, Cloudvirga, BlueSage and Vesta, among others.

  • Headquarter New York, United States
  • Founders Evan Farinholt, Adam Kerr, Jeff Saul
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Built Technologies, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $150 K (USD)

    in 1 rounds

  • Latest Funding Round
    $150 K (USD), Seed

    Aug 09, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Built

    (Jul 29, 2022)

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Products & Services of Built

Built offers a comprehensive portfolio of products and services, including Construction Loan Administration, Deal Management, Construction Financials, and Construction Payments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for managing construction loan portfolios efficiently.

Automates workflows for commercial real estate deals.

Manages budgets, draws, and accounts payable centrally.

Facilitates billing and payment processes for construction.

People of Built
Headcount 200-500
Employee Profiles 34
Employee Profiles
People
Alex Panetta
Engineering Manager
People
Mackenzi Adams
VP, Enterprise Sales
People
Chase Gilbert
CEO
People
Nathan Guevara
IT Engineer

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Funding Insights of Built

Built has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in August 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $150,000
  • First Round

    (09 Aug 2019)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2019 Amount Seed - Built Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Built

Built has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Built. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based management of construction loan life cycles is provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Built

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Built

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Built Comparisons

Employees
+
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Competitors of Built

Built operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SimpleNexus, Roostify, Cloudvirga, BlueSage and Vesta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Loan life cycle management platforms are developed for mortgage lenders.
domain founded_year HQ Location
Digital loan origination solutions are provided for mortgage lenders.
domain founded_year HQ Location
Cloud-based automation of mortgage lending processes is provided.
domain founded_year HQ Location
Cloud-based mortgage origination and customer engagement solutions are provided.
domain founded_year HQ Location
Pillow and duvet cover products are provided by Vesta brand.
domain founded_year HQ Location
Blockchain is applied to mortgage and insurance application processes.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Built

Proptech company Nativ snags $3m seed
Venturecapitaljournal4 years ago

Frequently Asked Questions about Built

When was Built founded?

Built was founded in 2019.

Where is Built located?

Built is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Built?

Adam Kerr is the current CEO of Built. They have also founded this company.

Is Built a funded company?

Built is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Aug 09, 2019.

What does Built do?

Built Technologies, Inc. is engaged in delivering software solutions for the construction and real estate sectors. The company offers tools for construction loan administration, deal management, financials, and payments. Solutions are designed to streamline workflows, enhance portfolio insights, and ensure compliance. Services cater to banks, private credit firms, owners, developers, and contractors. Emphasis is placed on security and data privacy through robust infrastructure and compliance with industry standards like SOC 1 and SOC 2.

Who are the top competitors of Built?

Built's top competitors include Cloudvirga, Floify and Acre.

What products or services does Built offer?

Built offers Construction Loan Administration, Deal Management, Construction Financials, and Construction Payments.

Who are Built's investors?

Built has 1 investor. Key investors include Built.

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