
Built Technologies
About The Built Technologies
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Built Technologies is a leading provider of construction and real estate finance technology, specializing in cloud-based software solutions that streamline the construction lending process. Founded in 2014 and headquartered in Nashville, Tennessee, Built Technologies aims to transform the $1.3 trillion U.S. construction industry by connecting all key stakeholders involved in construction financing in real-time.
The company's platform offers a suite of products designed to enhance efficiency, collaboration, transparency, and business agility while mitigating risk.
Product Offerings
- Construction Loan Administration: Streamlines management of construction loan portfolios, providing comprehensive views of loans including finances, draw schedules, stakeholders, and project details. It facilitates draw inspections to expedite funding and maintain compliance, and proactively monitors projects to prevent issues.
- Deal Management: Automates workflows and drives insights for commercial real estate deals, accelerating loan origination and enhancing pipeline analytics, while simplifying and speeding up portfolio reporting.
- Construction Financials: Enables management of budgets, draws, and accounts payable in one place. Tracks funds going in and out of projects, creates and submits draws quickly, manages subcontractor and vendor payables, ensures compliance through streamlined document requests, and manages lien waivers efficiently.
- Construction Payments: Facilitates collaboration in billing and payment processes, efficiently manages subcontractor and vendor payables, ensures compliance with document requests, and securely pays trade partners.
Built Technologies serves over 250 leading North American lenders and asset managers, as well as thousands of developers, home builders, and contractors.
The platform manages over $135 billion in construction spend to date, representing about 10% of all U.S. construction spend.
Strategic Investment
In April 2023, Built Technologies secured a strategic investment from Citi through its SPRINT program. This aims to accelerate growth in commercial real estate asset management and enhance operational and technological capabilities.
Headquarters
Built Technologies is headquartered at 635 Grassmere Park, Nashville, TN 37211, United States.
Locations
- Nashville, TN, USA