Builders Patch

Builders Patch is a finance software startup that focuses on multifamily housing, offering deal management, underwriting, due diligence, analytics, and more. The company, established in 2017 and headquartered in the United States, aims to address the pressing need for financing 20 million new units of affordable housing in the country within the next decade.

The traditional process of underwriting and financing new multifamily housing loans is slow, fragmented, and lacking industry standard digital tools. Builders Patch is aiming to disrupt this status quo with its platform, which digitizes and automates the loan intake to closing process. Additionally, the platform provides AI-driven insights and analytics to bring accuracy, speed, and transparency to the closing process, ultimately accelerating the rate at which housing units are built.

The company has recently received a Seed Round investment on 20 January 2024 from The Artemis Fund, a significant milestone indicating investor confidence in the company's mission. With a focus on the Payments and Real Estate industries, Builders Patch has already secured a major housing agency as a customer and is working on creating a robust ecosystem for lenders, developers, syndicators, and CDFIs. The company is rapidly growing its network and is positioning itself to become a pivotal player in affordable housing finance.

Builders Patch is driven by a passion to utilize technology to disrupt and revolutionize one of the most siloed industries in the world. The company's dedication to creating stronger communities through innovative solutions makes it an attractive prospect for venture capital firms and investors looking to support meaningful, impactful ventures.