New York, United States
Builders Patch, founded in 2017, is addressing the fragmented and outdated processes of multifamily housing finance in the United States with their groundbreaking finance software. Builders Patch aims to bring efficiency to the industry's arduous loan processes by digitizing and automating the entire workflow from loan intake to closing with AI-driven insights and analytics.
The company's mission aligns with the urgent need to finance 20 million new units of affordable housing this decade. Their platform not only accelerates loan processing times but is pivotal in facilitating the rapid construction of housing units.
Currently, one of the country's largest housing agencies is utilizing their platform, and the recent Seed Round led by The Artemis Fund on January 20, 2024, underscores the confidence investors have in Builders Patch. With a focus on expanding its ecosystem to include more lenders and developers, the company is well-positioned within the Payments and Real Estate industries.
