How Much Did Built Raise? Headquarters, Funding & Key Investors

Founded in 2014 in Nashville, Tennessee, Built Technologies has raised $289 million across several rounds, reaching a $1.5 billion valuation in September 2021. Its most notable funding was a $125 million Series D round led by TCV, Goldman Sachs, and Index Ventures, followed by a $23.6 million extension in July 2022. Earlier rounds included $88 million Series C and $21 million Series A. Built’s cloud-based platform simplifies construction loan lifecycle management, connecting lenders, builders, and regulators through a unified system that enhances transparency, compliance, and workflow efficiency.

How Much Did Built Raise? Funding & Key Investors

Built Technologies offers a cloud-based loan lifecycle management solution specifically designed for the construction finance industry. Founded by Chase Gilbert and Andrew Sohr in 2014, the company is headquartered in Nashville, United States. With around 141 employees as of December 2020, Built digitizes and automates every step of construction lending, from approval and draw disbursement to compliance and reporting, offering real-time visibility to lenders, builders, and inspectors.

What Is Built Technologies and What Does It Do?

Built Technologies, founded in 2014 by Chase Gilbert and Andrew Sohr, is a Nashville-based construction finance software company providing a cloud-based platform to manage the entire loan lifecycle. With a team of approximately 141 employees, Built connects all stakeholders borrowers, builders, lenders, inspectors, and regulators on a single digital interface.

The software automates key workflows, including budget management, draw inspections, compliance checks, and risk analytics, ensuring accuracy and accountability throughout every stage of the lending process.

How Much Funding Has Built Technologies Raised?

Series A

Amount Raised: $21 million
Date: November 2017
Lead Investors: Index Ventures, Nyca Partners
Motivation: To accelerate the digital transformation of construction lending and expand platform capabilities.

Series C

Amount Raised: $88 million
Date: February 2021
Lead Investors: Addition, Index Ventures, Goldman Sachs Investment Partners
Motivation: To scale its customer base and strengthen product development in construction finance technology.

Series D

Amount Raised: $125 million
Date: September 2021
Lead Investors: TCV, Brookfield Asset Management, Goldman Sachs, Index Ventures, Canapi Ventures, and others
Motivation: To enhance portfolio analytics, compliance tools, and expand into new lending segments.

Series D Extension

Amount Raised: $23.6 million
Date: July 2022
Motivation: To fund international expansion and further R&D for its construction-loan management suite.

Total Funding Raised: $289 Million

Current Valuation: $1.5 Billion (as of September 2021)

Latest Funding Date: July 2022

Key Investors

Goldman Sachs

Details: A global investment banking and asset management firm with strong involvement in fintech and infrastructure financing.
Investment Focus Areas: Financial services, technology, real estate, and enterprise software.
Notable Investments: Stripe, Plaid, Carta, and Built Technologies.

TCV (Technology Crossover Ventures)

Details: A prominent growth-equity firm investing in technology-driven companies.
Investment Focus Areas: SaaS, fintech, and digital infrastructure.
Notable Investments: Airbnb, Netflix, Nubank, and Built Technologies.

Index Ventures

Details: A leading venture capital firm backing early and growth-stage tech startups across the globe.
Investment Focus Areas: Fintech, B2B software, and developer tools.
Notable Investments: Revolut, Wise, Robinhood, and Built Technologies.

Where Is Built Technologies’ Headquarters?

Built Technologies is headquartered in Nashville, Tennessee (United States) a strategic choice given the city’s growing fintech and proptech ecosystem. Nashville offers a strong talent pipeline from regional universities and proximity to major financial institutions, making it an ideal base for scaling a SaaS platform serving lenders nationwide. The city’s supportive tech community and lower operating costs further enhance Built’s long-term growth potential.

What’s Next for Built Technologies?

Built Technologies aims to deepen its dominance in the digitization of construction and real estate finance. The company plans to enhance its analytics capabilities, expand internationally, and integrate AI-driven insights to help lenders predict project risk and optimize capital deployment. With continued support from top investors such as Goldman Sachs, TCV, and Index Ventures, Built is well-positioned to become the global standard for digital construction loan management, transforming how lenders, builders, and regulators collaborate across the construction ecosystem.

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