Built Technologies valued at $1. 5 billion in venture round
Published
Sep 30 2021 at 1:00 PM GMT
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- Built Technologies said Thursday it secured $125 million in Series D financing in a deal that values the Nashville-based construction finance technology company at $1.5 billion.
- TCV led the round, along with Brookfield Technology Partners, 9Yards Capital, XYZ Venture Capital and HighSage Ventures.
- Built Technologies CEO Chase Gilbert said the company drew strong interest from investors.
- Woody Marshall, lead investor at TCV and a new board member at Built Technologies, said the company "has achieved broad market penetration in the notoriously tough construction finance space.
- At last check, the company has financed more than $135 billion in construction value since it launched in 2015.
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- Published Sep 30, 2021 1:00 PM GMT