About Built
Built is a company based in Nashville (United States) founded in 2014 by Chase Gilbert and Andrew Sohr. It operates as a SaaS (Software-as-a-Service). Built has raised $288.6 million across 6 funding rounds from investors including Goldman Sachs, Regions Bank and Fifth Wall. Built has completed 2 acquisitions, including Built and Lienwaivers.io. 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 Foundation Software, Briq, Copay, COEX and CLiP IT Solutions, among others.
- Headquarter Nashville, United States
- Founders Chase Gilbert, Andrew Sohr
- Stage Unicorn
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Sectors
Real Estate & ConstructionFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Built Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$288.6 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Goldman Sachs
& 21 more
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Employee Count
Employee Count
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Investments & Acquisitions
Built
& 1 more
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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.
Streamlined management of construction loan portfolios is provided.
Automated workflows for real estate deals are offered.
Centralized budget and accounts payable management is enabled.
Collaborative billing and payment processes are facilitated.
Unlock access to complete
Funding Insights of Built
Built has successfully raised a total of $288.6M across 6 strategic funding rounds. 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 Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(01 Nov 2017)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series D - Built | Valuation | Citisprint |
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| Jul, 2022 | Amount | Series D - Built | Valuation |
investors |
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| Sep, 2021 | Amount | Series D - Built | Valuation | TCV |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Built
Built has secured backing from 22 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Goldman Sachs, Regions Bank and Fifth Wall. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Focus is placed on real estate and renewable energy investments.
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Founded Year | Domain | Location | |
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Investments in early-stage companies are managed by XYZ Venture Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Built
Built has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Built and Lienwaivers.io. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Loan origination solutions are provided for mortgage lenders.
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2019 | ||||
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Lien waivers in construction projects are managed via SaaS platform.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Built
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Built Comparisons
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 Foundation Software, Briq, Copay, COEX and CLiP IT Solutions, 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 |
Construction accounting software is offered on-premise and in the cloud.
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| domain | founded_year | HQ Location |
Briq is recognized for developing autonomous work platforms.
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| domain | founded_year | HQ Location |
Finance management solutions for construction sector are provided.
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| domain | founded_year | HQ Location |
Capital management solutions are offered for the construction sector.
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| domain | founded_year | HQ Location |
Account software for the construction industry is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Built
Frequently Asked Questions about Built
When was Built founded?
Built was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Built located?
Built is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Who is the current CEO of Built?
Chase Gilbert 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 $288.6M across 6 funding rounds to date. The company's 1st funding round was a Series D of $125M, raised on Nov 01, 2017.
What does Built do?
Built is engaged in delivering AI-powered financial software solutions tailored for the construction and real estate sectors. Comprehensive tools for construction loan administration, deal management, financials, and payments are provided. Services cater to banks, private credit firms, owners, developers, and contractors. Streamlined workflows, risk mitigation, and real-time insights are enabled through the platform. Collaboration, integrations, and digital payments are supported to enhance efficiency. The focus is placed on reducing administrative work and accelerating funding processes across projects.
Who are the top competitors of Built?
Built's top competitors include Foundation Software, Briq and CLiP IT Solutions.
What products or services does Built offer?
Built offers Construction Loan Administration, Deal Management, Construction Financials, and Construction Payments.
How many acquisitions has Built made?
Built has made 2 acquisitions, including Built, and Lienwaivers.io.
Who are Built's investors?
Built has 22 investors. Key investors include Goldman Sachs, Regions Bank, Fifth Wall, Brookfield Asset Management, and Citi Sprint.
What is Built's valuation?
The valuation of Built is $1.5B as of Sep 2021.
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