
Builders Patch is a venture-backed startup providing an AI-powered, cloud-based platform to streamline and accelerate multifamily housing finance. The platform digitizes and automates the entire financing workflow from application intake to asset management, integrating all stakeholders including developers, lenders, housing finance authorities, and community development finance institutions. It features AI-driven underwriting analytics, automated due diligence collection, document summarization, and closing memo generation, enabling up to 40% faster closings. Builders Patch supports various funding programs including LIHTC, construction loans, and green energy financing, managing over $4.8 billion in transaction volume and 82,000 housing units onboarded. The company emphasizes bank-grade security with SOC 2 certification and offers tailored solutions to scale lending operations and improve efficiency in affordable housing development and climate resiliency projects.

Builders Patch is a venture-backed startup providing an AI-powered, cloud-based platform to streamline and accelerate multifamily housing finance. The platform digitizes and automates the entire financing workflow from application intake to asset management, integrating all stakeholders including developers, lenders, housing finance authorities, and community development finance institutions. It features AI-driven underwriting analytics, automated due diligence collection, document summarization, and closing memo generation, enabling up to 40% faster closings. Builders Patch supports various funding programs including LIHTC, construction loans, and green energy financing, managing over $4.8 billion in transaction volume and 82,000 housing units onboarded. The company emphasizes bank-grade security with SOC 2 certification and offers tailored solutions to scale lending operations and improve efficiency in affordable housing development and climate resiliency projects.
What: AI-powered cloud platform to streamline multifamily housing finance (application → underwriting → closing → asset management)
Customers / users: Developers, lenders, housing finance authorities (HFAs), community development finance institutions (CDFIs), and funds
Traction: Manages over $4.8 billion in transaction volume and 82,000 housing units onboarded
Security: SOC 2 Type I & Type II compliance
Funding status: Venture-backed; most recent seed round Jan 20, 2024
Multifamily and affordable housing finance workflow inefficiencies and manual underwriting/due-diligence processes.
2017
Proptech / Housing Finance SaaS
Most recent seed round announced Jan 20, 2024
Pre-seed round lists URBAN-X as lead investor
“Institutional and venture investors including The Artemis Fund, URBAN-X, Lucas Venture Group, TenOneTen Ventures, Third Sphere, and Govtech Fund”