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Builders Patch, Inc.
Builders Patch, Inc.
seed
built environment & real estate
financial & economic development

There is an urgent need to finance nearly 20 million units of rental housing in the United States this decade. Historic data indicates that without significant disruption of the financing and construction industry, we will fall woefully short. Currently the process to underwrite and finance new multifamily housing loans is incredibly archaic, fragmented and lacks industry standard tools and digital innovation. It takes upwards of 4 months to apply for and underwrite/close each loan. We are changing this status quo. Builders Patch, a venture-backed startup, is revolutionizing housing finance. The Builders Patch platform digitizes and automates the process, and provides AI-driven insights and analytics to bring accuracy, speed and transparency to the closing process. Ultimately we are accelerating the rate at which housing units are built. With one of the largest housing agencies in the country as our customer, we are creating a robust ecosystem for both the lender and the housing developer. We are rapidly growing to add new lenders and housing developers to the platform, and seeking and have several open positions. We are currently a team of 6 full time employees with an additional engineering team of 5. We want to change how housing is built and create stronger communities by leveraging technology to disrupt one of the most siloed industries in the world. We are passionate about what we do. If you are looking to bring your solutions to entrenched, important problems, come chat with us.
New York, NY, USA
Founded in 4/1/2017
builderspatch.com
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