Built Technologies

What Built Technologies does

Built Technologies is a Nashville-based, venture-backed SaaS provider of an AI-native platform that serves the construction and commercial real estate finance lifecycle. The company targets four primary customer segments — banks (community, regional, and enterprise lenders), private credit firms (debt funds, REITs, asset managers), owners & developers, and general contractors — and reports 355 lenders on the platform, including 17 of the top 25 US lenders (Goldman Sachs, Citi, U.S. Bank, Northwestern Mutual, Zions Bancorporation, Live Oak Bank, Fifth Third, Regions), 80,000+ owners & contractors (cited as nearly 185,000 in May 2026 coverage), 533,000+ cumulative projects, and $392B+ in real estate dollars active.

The platform is organized into four product suites — Construction Loan Administration (Draw Agent, Draw Inspections, Draw & Budget Management, Risk Mitigation), Deal Management (Origination Pipeline Management, AI OM Extraction, Portfolio Reporting), Construction Financials (Budget Management, Capital Requests, Invoice Management, Compliance Tracking, Lien Waiver Management, Payments), and a standalone Lien Waiver Management & Payments tier — connected by cross-cutting reporting & analytics and Built Connect, a native Excel Add-In. Built's AI capabilities are anchored by the AI Draw Agent, an autonomous agentic AI for construction draw review co-developed with MightyBot (audit, assist, and automate modes; reducing average draw timelines from 7 business days to 3 and capable of approvals within minutes), and AI OM Extraction (~90-second extraction of 40+ fields at 96% field-level accuracy with source-cited confidence scores). The AI is trained on more than $3 trillion in construction and CRE lending activity across 300+ lenders and 12 years of real deal data, with single-tenant SaaS architecture and SOC 2 Type II attestation. Native or qualified integrations span Yardi Voyager (Fully Qualified Ecosystem Partner), Sage Intacct, QuickBooks Online/Desktop, Xero, Sage 100/300, Procore, Encompass, DocuSign, nCino, and PandaDoc.

Built's revenue model combines quote-based enterprise SaaS subscriptions (CLA+, Deal Management, Construction Financials, Reporting & Analytics) with a freemium self-serve Lien Waivers + Payments tier (free provided at least one payment is processed monthly; otherwise $1,000/month Lien Waivers Only) and 1% Instant Pay (RTP) transaction fees on the payee side, plus paper-check payor fees. The company is venture-backed: a $125M Series D led by TCV at a $1.5B valuation in September 2021, a $23.6M offering in July 2022 involving 18 investors in connection with a business combination transaction, and a strategic investment from Citi through its SPRINT program in April 2023. Leadership includes CEO Chase Gilbert, with recent CTO Pat Poels (Feb 2025) and CFO Jason Woods (Apr 2026) additions. Geographic scope is currently US-only with planned UK and Australia expansion, and prior acquisitions include lienwaivers.io (Jan 2020) and Nativ (Jul 2022).

Name

Built Technologies

Legal name

Built Technologies, Inc.

Website

https://getbuilt.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

251–500 employees

Short description

Built Technologies provides an AI-native SaaS platform for construction and commercial real estate finance, serving banks, private credit firms, owners & developers, and general contractors with construction loan administration, deal management, construction financials, and lien waiver and payment workflows.

Ownership category

akta.pro rank

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Construction Loan Administration & Deal Management SaaS subscriptions: Recurring SaaS subscriptions for Construction Loan Administration+ (CLA+), Deal Management (origination, underwriting, asset management, portfolio reporting), Construction Financials, and the Reporting & Analytics Module, sold to banks, private credit firms, owners & developers, and general contractors; pricing is quote-based with most teams live within a few weeks and 'most teams extracting live OMs within a week' for the AI add-ons.
2. Lien Waivers Only subscription: Self-service $1,000/month subscription tier for lien waiver management only — unlimited team members, unlimited projects, self-service template editor, state-based lien waiver templates, status tracking and audit trails, no digital payments.
3. Lien Waivers + Payments (freemium with payment activity condition): Free of charge provided the customer processes at least 1 payment per month on the Built platform; otherwise the account automatically reverts to the $1,000/month Lien Waivers Only plan for that month. Drives payment volume onto the platform as the gating condition for free usage.
4. Instant Pay (Real-Time Payments) transaction fees: Instant Pay uses RTP rails to deliver funds in minutes after the trade partner accepts; free for the payor, the payee is charged a 1% fee deducted from their deposit; available up to $10M per transaction. Generates usage-based transaction revenue on top of the underlying subscription.
5. Paper Check payments (payor fee): Built mails a physical check on the payor's behalf for trade partners who prefer paper payment (7-10 business days standard delivery); a fee applies to the payor. Adds incremental transactional revenue per check.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels10 records

Core offering

Built is an AI-native, single-tenant SaaS platform purpose-built for construction and commercial real estate (CRE) lending. It consolidates four core product suites — Construction Loan Administration, Deal Management (origination through asset management and portfolio reporting), Construction Financials, and Lien Waiver Management & Payments — into a single workflow used by banks, private credit firms, owners & developers, and general contractors. AI capabilities (AI Draw Agent and AI OM Extraction), a native Excel Add-In (Built Connect), and a 300+ provider inspection network are layered on top to automate construction draws, extract offering memoranda, and exchange lien waivers for payments.

Product overview

Built Technologies operates a single, unified, AI-powered construction and real estate finance platform composed of four core product suites (Construction Loan Administration, Deal Management, Construction Financials, and Lien Waiver Management & Payments) plus a marketplace and a native Excel Add-In (Built Connect). Construction Loan Administration is the flagship suite for active CRE construction loans, featuring the AI Draw Agent, Draw Inspections, Draw & Budget Management, and Risk Mitigation modules. Deal Management covers the full CRE lending lifecycle for stabilized assets: origination (Origination Pipeline Management, AI OM Extraction), underwriting (Built Connect), asset management, and Portfolio Reporting. Construction Financials serves owners, developers, and general contractors with Budget Management, Capital Requests, Invoice Management, Compliance Tracking, Lien Waiver Management, and Payments. Lien Waiver Management & Payments is also offered as a standalone free / freemium product. The Built platform layers in cross-cutting capabilities — AI-powered efficiency, collaboration, reporting & analytics, integrations, marketplace, and digital payments — which connect the suites into a single workflow that has processed over $392B+ in real-estate dollars across 355 lenders and 80,000+ owners and contractors (533,000+ total projects).

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Loan Administration End-to-end suite for managing active CRE construction loans, including the AI Draw Agent, Draw Inspections, Draw & Budget Management, and Risk Mitigation modules used by lenders to fund draws faster, monitor compliance, and mitigate portfolio risk.
• Deal Management End-to-end CRE lending platform for stabilized assets covering origination (Origination Pipeline Management, AI OM Extraction), underwriting (Built Connect Excel Add-In), asset management, and Portfolio Reporting for private credit firms, debt funds, REITs, and asset managers.
• Construction Financials Project financial management suite for owners, developers, and general contractors that combines Budget Management, Capital Requests, Invoice Management, Compliance Tracking, Lien Waiver Management, and Payments into one place.
• Lien Waiver Management & Payments (standalone) Standalone, freemium product that creates, sends, and tracks lien waivers and exchanges them for payments (ACH, Instant Pay via RTP, or paper check). Lien Waivers Only plan at $1,000/month; Lien Waivers + Payments plan free when at least one payment is processed monthly, otherwise switches to Lien Waivers Only. Includes no-login vendor signing and full audit trail.
• AI Draw Agent Autonomous agentic AI add-on that automates construction draw reviews across three deployment stages (audit, assist, automate), co-developed with MightyBot. Reduces average draw timelines from 7 business days to 3, with the most advanced mode capable of completing approvals within minutes.
• AI OM Extraction AI-powered add-on that reads PDF commercial real estate offering memoranda and extracts 40+ deal, property, and financial fields in ~90 seconds at ~96% field-level accuracy, with source-cited confidence scores and one-click conversion into a Built deal record.
• Built Connect (Excel Add-In) Native Microsoft Excel Add-In that injects live deal data, comparables, and documents directly into underwriters' existing spreadsheet workflows, eliminating version-control issues and enabling roughly 50% efficiency gain in tracking assumption changes and ~74% reduction in manual data entry.

Quantifiable outcome

• Reduces average construction draw timelines from 7 business days to 3, with the most advanced AI Draw Agent automation mode capable of approvals within minutes.
• +7 more outcomes

Named customers73 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability13 records

Feature7 records

Partnerships

17 partnerships are on record, tiered major — flagship customer and ai draw agent partner, major — fully qualified yardi ecosystem partner, major — co-marketed integration, flagship technology co-development partner for draw agent, core accounting integration partner, major — construction project management integration partner, core — loan origination integration, core — e-signature integration, major — dedicated partnership page, core — default e-signature for lien waivers, major inspection partner within the built inspector network and inspection partner.

• U.S. Bankmajor — flagship customer and ai draw agent partnerStrategic or Co-development Partner · 6 May 2026Partnered with Built to deploy the AI-powered Draw Agent tool for residential construction finance, with broader roll-out announced in May 2026 across Built's nearly 185,000 contractor platform.
• Yardi (Yardi Voyager)major — fully qualified yardi ecosystem partnerTechnology or Integration · 25 March 2026Built became a Fully Qualified Yardi Ecosystem Partner on March 25, 2026, integrating with Yardi Voyager to sync payables and other data between Built and Yardi's property management/accounting platform.
• Sage Intacctmajor — co-marketed integrationTechnology or Integration · 17 February 2026Announced on February 17, 2026 that Built gives Sage Intacct customers real-time financial visibility across commercial real estate projects through a native integration that syncs payables and project financials.
• MightyBotflagship technology co-development partner for draw agentStrategic or Co-development Partner · 4 November 2025Co-developed and powers Built's Draw Agent — described as the industry's first autonomous agentic AI for construction finance lending, focused on automating draw administration. Achieved high accuracy, substantially reduced review times, and improved risk detection; widely viewed as a significant shift toward autonomous AI in regulated financial workflows. PR Newswire coverage Nov 4, 2025.
• QuickBooks (Intuit) — Online and Desktopcore accounting integration partnerTechnology or IntegrationNative accounting system sync with QuickBooks Online and QuickBooks Desktop. Lien waivers and payables are auto-generated from payables that exist in QuickBooks, eliminating duplicate data entry. Also referenced alongside Xero, Sage 100, and Sage 300 in the Create Lien Waivers page.
• Procore (Procore Financials)major — construction project management integration partnerTechnology or IntegrationProcore Financials and a dedicated Procore lien-waiver & payment integration. Waivers generate from requisitions and pay applications in Procore, and signed waivers store back as Procore project documents. Listed in the Integrations Directory and featured as a Built University course.
• Encompass (ICE Mortgage Technology)core — loan origination integrationTechnology or IntegrationIntegration listed in Built's Integrations Directory alongside accounting and banking partners, enabling interoperability between Built's construction lending workflows and Encompass loan origination.
• DocuSigncore — e-signature integrationTechnology or IntegrationDocuSign integration available for teams already on DocuSign, listed as the Send Lien Waivers option for sending lien waivers for electronic signature.
• nCinomajor — dedicated partnership pageStrategic or Co-development PartnerDedicated Built × nCino partnership page (getbuilt.com/partnerships/ncino/) listed in the Integrations Directory, suggesting deep interoperability between Built's construction lending workflows and nCino's commercial banking platform.
• PandaDoccore — default e-signature for lien waiversTechnology or IntegrationPandaDoc e-signature is the default (no-cost) option for sending lien waivers within Built's Send Lien Waivers product; listed alongside DocuSign as an alternative for lien waiver e-signature.
• CCDImajor inspection partner within the built inspector networkChannel Partner/ Reseller/ DistributorNamed inspection partner within Built's network of 300+ inspection providers. CCDI draws on Built's marketplace to deliver draw inspections to lenders and builders on the platform.
• Leeway (inspection provider)inspection partnerChannel Partner/ Reseller/ DistributorNamed inspection partner within Built's network of 300+ inspection providers used to perform onsite and remote draw inspections for Built's lender customers.
• DCMI Buildingsinspection partnerChannel Partner/ Reseller/ DistributorNamed inspection partner within Built's network of 300+ inspection providers delivering draw inspections to Built lender customers.
• Construction Inspection Services (CIS)inspection partnerChannel Partner/ Reseller/ DistributorNamed inspection partner within Built's network of 300+ inspection providers performing construction draw inspections through the Built platform.
• Rapid Drawinspection partnerChannel Partner/ Reseller/ DistributorNamed inspection partner within Built's network of 300+ inspection providers.
• AMS (inspection provider)inspection partnerChannel Partner/ Reseller/ DistributorNamed inspection partner within Built's network of 300+ inspection providers delivering construction draw inspections via the Built app.
• NWM (inspection provider)inspection partnerChannel Partner/ Reseller/ DistributorNamed inspection partner within Built's network of 300+ inspection providers (NWM_color logo).

Scale indicators13 records

Recent moves6 records

Expansion highlights7 records

Emerging players

• Cherre: CRE data and analytics platform used by institutional owners and lenders for portfolio intelligence. Comparable because it targets the same private-credit and institutional investor segment as Built's Deal Management/Portfolio Reporting and competes for the data layer of CRE loan portfolios.
• Blend: Cloud lending platform focused initially on mortgage, expanding into consumer and small-business lending. Comparable because it targets similar bank customers with embedded workflow tools and could encroach on Built's construction-lending workflow seat.

Broad incumbents

• nCino: Cloud commercial banking and loan-origination platform with a dedicated Built partnership page. Comparable because it serves many of the same bank customers and competes for the commercial-lending workflow seat, including construction and CRE lending.
• Finastra: Large banking software provider spanning core, lending, and treasury. Comparable because it competes for the same commercial-banking technology budget and could expand construction-lending capabilities that overlap with Built's footprint.
• ICE Mortgage Technology (Encompass): Dominant loan origination system used across mortgage and increasingly CRE lending. Comparable because Encompass is integrated with Built today but also represents a broader incumbent that banks may choose instead of, or alongside, Built.
• Yardi Systems: Major CRE and property-management software suite whose Yardi Voyager platform spans accounting, loan servicing, and now integrates with Built as a 'Fully Qualified Ecosystem Partner'. Comparable because it serves many of the same private-credit and lender customers across the CRE lifecycle, even as Built differentiates at the construction-draw layer.
• Sage (Sage Intacct): CRE-focused accounting platform with which Built has a co-marketed integration. Comparable because it sits adjacent to Built's Construction Financials and Deal Management offerings and competes for the same owner's/developer accounting seat in CRE.

Direct peers

• Procore Technologies: Leading construction project management SaaS whose Procore Financials product directly competes with Built's Construction Financials and lien-waiver/draw workflows. Comparable because it targets the same general contractors and owners with overlapping financial workflows and has a large incumbent installed base.
• AvidXchange: AP automation and B2B payments platform with deep penetration in construction and real estate. Comparable because it directly competes with Built's Payments and lien-waiver/invoice workflows for the same general contractors and mid-market owners/developers.
• Newgen Software: Enterprise content and lending automation platform used by banks for commercial and construction loan origination and processing. Comparable because it competes for the same loan-administration and document-automation workloads inside banks and lenders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=qDq5jSQx5MQ
• LinkedInlinkedin.com/company/built-technologies-inc-
• Xx.com/BuiltTechnology
• Facebookfacebook.com/builttechnologies

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds7 records

Investors20 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Built Technologies