Built Technologies Raises $21 Million Series A to Transform Construction Lending Industry

Startups, Investors to Shake Up Construction. It seems this trend continues to gain even greater momentum, as two startups raised funding in the month of November alone. The first comes from Built Technologies, www.getbuilt.com, Nashville, Tenn., which raised $21 million Series A investment. This brings the total capital raised to date by the company to $25 million.

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Built Technologies Raises $21 Million Series A to Transform Construction Lending Industry. Funding led by Index Ventures will enable construction lending innovator to capitalize on accelerated growth, deepen team, and bolster investments in data utilization for industry.

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Built Technologies taps industry vet Russell as CTO. Russell joins Built soon after a $21 million series-A capital raising with Index Ventures and Nyca Partners.. operations of the company.

According to a press release, Built has tripled its customer base since 2017 and its platform has helped lenders service more than $24 billion of construction loans since it launched in 2015.

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* Built Technologies raises $21 million series A to transform construction lending industry * Says raises $21 million in series A investment led by Index Ventures with participation from Nyca.