Investor Alert

New York Markets Open in:

Market Pulse Archives

Sept. 30, 2021, 9:00 a.m. EDT

Built Technologies valued at $1.5 billion in venture round

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Goldman Sachs Group Inc. (GS)

or Cancel Already have a watchlist? Log In

By Steve Gelsi


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. Existing investors Addition, Index Ventures, Canapi Ventures, GreenPoint Partners, Nine Four Ventures, Fifth Wall, Goldman Sachs /zigman2/quotes/209237603/composite GS -0.66% and Nyca Partners also took part in the latest investment round.

$ 376.48
-2.51 -0.66%
Volume: 2.48M
Dec. 1, 2021 4:00p
P/E Ratio
Dividend Yield
Market Cap
$127.55 billion
Rev. per Employee

Get news alerts on Goldman Sachs Group Inc. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.