Builders Patch
Builders Patch is a US SaaS platform that uses AI to digitize the multifamily and affordable housing finance lifecycle, serving developers, lenders, housing finance authorities, and CDFIs with workflow, document, and portfolio management tools.
- Company typePrivate
- Founded2017
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Builders Patch does
Builders Patch is a US-based, venture-backed SaaS company founded in 2017 by Kanan Ajmera, a housing finance professional with 20+ years of industry experience. The company sells an AI-powered, cloud-based platform that digitizes the multifamily and affordable housing finance workflow from application intake through closing and ongoing asset management. The platform is offered as four segment-specific modules: Developer Solution, Lender Solution, HFA Solution, and CDFI Solution, with built-in capabilities for due diligence collection, pro forma management, AI-generated document summaries, auto-drafted closing memos, mass portfolio data import, and portfolio analytics.
The product is built on a multi-stakeholder deal-space architecture in which developers, lenders, housing finance authorities, and CDFIs can upload, organize, and analyze deal documents and communicate in context. AI features are layered on top using models from OpenAI, Google, and Microsoft, applied to legal and financial document processing, underwriting analytics, and data extraction; the platform is SOC 2 Type II certified (audited by Prescient Assurance), a prerequisite for selling into government HFA buyers. The company reports 270,000 housing units and $46 billion in transaction value processed on the platform.
Builders Patch generates revenue through SaaS subscriptions (monthly billing under a SaaS Services Agreement, with pricing provided on a quote basis following a demo) and professional services for onboarding and ongoing customer success. The go-to-market is enterprise-direct and event-driven, anchored in affordable housing industry conferences (Novogradac, NCSHA, NASLEF, Texas Housing Conference) and supported by content assets (case studies, white papers, the HousingCount data resource, and an ROI calculator). The company is incorporated in Delaware, operates exclusively in the US, and had 11 employees at the time of input.
Builders Patch firmographics
Firmographics- Name
- Builders Patch
- Legal name
- Builders Patch, Inc.
- Website
- https://builderspatch.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Builders Patch is a US SaaS platform that uses AI to digitize the multifamily and affordable housing finance lifecycle, serving developers, lenders, housing finance authorities, and CDFIs with workflow, document, and portfolio management tools.
- Ownership category
- akta.pro rank
Builders Patch industry classification
Industry- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industry
- Spec/Tract Builder Construction Financing (FSALAHAC)
Keywords
Where Builders Patch is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Builders Patch business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription: Web-based Software-as-a-Service application requiring registered user accounts and SaaS services agreements. Platform access is subject to payment with fees provided through written documentation or SaaS Services Agreement. Payments are non-refundable unless explicitly provided otherwise.
- Professional Services: Dedicated customer success team that helps onboard teams and deals, and provides ongoing support
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | SaaS platform with subscription-based pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Builders Patch product offering
Product offeringCore offering
Builders Patch provides an AI-powered SaaS platform that automates document collection, underwriting, due diligence, and compliance workflows for the multifamily affordable housing finance (LIHTC) market. It serves four primary buyer segments — developers, lenders, state Housing Finance Agencies (HFAs), and Community Development Financial Institutions (CDFIs) — through tailored modules on a shared cloud platform, complemented by the HousingCount data resource and an ROI calculator tool.
Product overview
Builders Patch offers a single unified AI-powered SaaS platform for multifamily housing finance, consisting of a core platform with integrated modules for different user segments: Developer Solution, Lender Solution, HFA Solution, and CDFI Solution. The platform digitizes the entire deal lifecycle from application through asset management, incorporating AI-powered features for document processing, underwriting analytics, and data extraction. Key capabilities include due diligence collection workflows, mass data import, portfolio analytics, and AI-generated document summaries and closing memos. Additional tools include an ROI calculator and HousingCount data resource. The platform serves over 270,000 housing units with $46 billion in transaction value processed.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 7x faster application intake processing
- +3 more outcomes
Companies that use Builders Patch
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Builders Patch technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature6 records
Builders Patch partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Kittle Property GroupcoreKittle Property Group has partnered with Builders Patch to adopt their AI-powered platform to improve workflows and efficiency in affordable housing development and management. The platform digitizes the entire deal lifecycle, enabling faster decision-making and collaboration, supporting Kittle's ongoing growth with over 20,000 apartment homes managed nationwide.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Builders Patch competitors and assessment
Company assessmentBroad incumbents
- Yardi: Largest incumbent provider of property management and real estate investment software for multifamily and CRE operators. Comparable because of overlapping target customers (multifamily owners, HFAs, lenders) and broad workflow coverage that Builders Patch must displace or integrate with.
- RealPage: Established SaaS suite for multifamily property management, asset management, and resident services. Comparable as a deeply entrenched incumbent serving many of the same apartment and affordable-housing operators that Builders Patch targets.
- MRI Software: Diversified real estate software provider covering accounting, operations, and investment modeling for commercial and residential portfolios. Comparable as a broad incumbent whose workflows overlap with Builders Patch's lifecycle management.
Direct peers
- Juniper Square: Investment management and investor portal platform for commercial real estate funds and syndicators. Directly comparable because of deal pipeline management, underwriting analytics, and investor relations workflows targeting the same multifamily capital-raising counterparties.
- VTS: CRE platform combining deal management, pipeline, and asset-level data for landlords and brokers. Comparable in applying SaaS workflow automation to CRE transactions, with overlap on lender and investor users.
- DealCloud: CRM and deal management platform purpose-built for commercial real estate capital markets. Directly comparable because both products centralize deal pipelines, due diligence, and counterparty communications across CRE transactions.
- Snapdocs: Digital closing and e-mortgage network for lenders and settlement agents. Comparable as a workflow-automation SaaS that digitizes the mortgage closing process — overlapping with Builders Patch's closing-memo and document summary automation.
- Maxwell: Digital mortgage point-of-sale and workflow platform for lenders, credit unions, and HFAs. Directly comparable because Maxwell sells into the same HFA and lending customer base and automates origination workflows that compete with Builders Patch's intake modules.
Emerging players
- Apto: CRM specifically designed for commercial real estate brokers and dealmakers. Comparable as a vertical SaaS for CRE deal management with overlapping deal-pipeline and counterparty communication features.
Others
- Argyle: Income, employment, and identity data infrastructure used by lenders and fintechs in underwriting. Adjacent to Builders Patch as an enabling data layer that could be embedded inside or compete with Builders Patch's AI underwriting analytics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Builders Patch social profiles
Digital presenceBuilders Patch compliance and trust
Trust signalCompliance2 records
Builders Patch financial estimates
Financial estimateRevenue estimate
Valuation estimate
Builders Patch leadership team
Management profileNumber of profiles
Builders Patch funding detail
Funding detailFunding overview
Funding rounds3 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Builders Patch M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Builders Patch
What does Builders Patch do?
Builders Patch provides an AI-powered SaaS platform that automates document collection, underwriting, due diligence, and compliance workflows for the multifamily affordable housing finance (LIHTC) market. It serves four primary buyer segments — developers, lenders, state Housing Finance Agencies (HFAs), and Community Development Financial Institutions (CDFIs) — through tailored modules on a shared cloud platform, complemented by the HousingCount data resource and an ROI calculator tool.
Is Builders Patch a public or private company?
Builders Patch is a private company. It is currently operating.
When was Builders Patch founded?
Builders Patch was founded in 2017. It employs 11 to 50 people.
Where is Builders Patch based?
Builders Patch is headquartered in New York, United States, in the North America region.
How does Builders Patch make money?
Two revenue lines are on record. SaaS Subscription is the primary driver. The others are professional Services.
Who are Builders Patch's main competitors?
Broad incumbents on record are Yardi, RealPage and MRI Software. Direct peers are Juniper Square, VTS, DealCloud, Snapdocs and Maxwell. Apto is listed as an emerging player. Argyle is listed as an others.
Does Builders Patch have an API?
No public API is recorded for Builders Patch.
What industry is Builders Patch in?
Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of FSALAHAC, Spec/Tract Builder Construction Financing.