Buildstock, a B2B marketplace and Fintech platform for construction materials, this week secured $1.6M in pre-seed funding from Precursor, MGV, XFactor, RefashionD and angels, including Osuke Honda (DCM), Nihal Mehta (Eniac), Shruti Gandhi (Array Ventures), Tom Peterson (Rally Ventures), Yun-Fang Juan, and Mark G (m]x[v… Read More
CapitalRise reveals that it recently passed the £300m lending milestone, against £830m of prime property assets. To sustainably maintain this growth in their loan book, they claim to “have robust monitoring processes in place.” Their own project managers reportedly work “with independent third-party professionals, such… Read More
Built Technologies, the company transforming the way construction and real estate commerce works by connecting lenders, owners, contractors, and suppliers, announced the hiring of Sam Kemp as its first Chief Financial Officer. Kemp will oversee Built’s finance, accounting, and analytics functions in his role as… Read More
Trunk Tools, a construction-focused fintech startup that addresses the skilled labor shortage by helping workers get paid faster, announced its launch out of stealth with $9.9 million in seed funding. The investment round was “led by Innovation Endeavors, with participation from Fifth Wall, Foundation Capital… Read More
Built Technologies, which claims to be one of the fastest-growing construction and real estate software providers in the U.S., has announced a strategic investment from Citi through its SPRINT program. Citi SPRINT (Spread Products Investment Technologies), the strategic investing arm of Citi’s Global Spread Products… Read More
Built Technologies, the “fastest growing” construction and real estate fintech provider in the U.S., announced the addition of two industry veterans as company advisors, Bora Chung and Matt Marenghi. Their expertise will help Built “drive innovation and value for its customers as the company scales… Read More
Shepherd, an Insurtech that offers “tech-enabled insurance for commercial construction,” has announced a $6.15 million seed round led by Spark Capital. Natalie Sandman, a partner at Spark, has joined the board of Shepherd. The funding included the participation of Susa Ventures, Procore Technologies, Y Combinator,… Read More
Briq, a U.S.-based fintech platform specifically for construction, has raised $10 million through its Series A funding round, which was reportedly led by Blackhorn Ventures with participation from Eniac Ventures, MetaProp NYC, and Darling Ventures. The company’s total funding since inception is now up to… Read More
Peer to peer property lender CrowdProperty has unveiled a new lending product specially for new construction methods. According to P2PFinanceNews, the lending platform is offering a new product, Modern Methods of Construction (MMC) Finance, which will cover building with alternative materials including modular, structural insulated… Read More
Insurtech TrustLayer has exited stealth mode, according to a company release. TrustLayer provides an automated insurance verification platform using distributed ledger technology (DLT). The enterprise blockchain app will provide real-time updates on the R3 Corda distributed ledger ecosystem Simultaneously, TrustLayer announced a partnership with residential… Read More
AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has teamed up with GCPay to launch an automation solution for construction firms. The new solution, called AvidXChange Construction Payment Solution, has features that managing an entire project lifecycle. While sharing details about… Read More
nHouse, a new modular housing brand designed by architect Richard Hywel Evans, has successfully secured its £495,000 equity crowdfunding campaign target on Crowdcube. The company launched the funding round last month and sought the funds in order to finish its prototype and secure its global intellectual property rights…. Read More
nHouse, a new modular housing brand designed by architect Richard Hywel Evans, has launched an equity crowdfunding campaign on Crowdcube, seeking £495,000 to finish its prototype and secure its global intellectual property rights. According to the company, the ‘n’ in its name stands for new, is an… Read More
Jah Plant Hire (trading as Anglia Crane), a UK-based specialist plant hire company, is seeking £50,000 on Crowd2Fund to help manage their fast growth. Anglia Crane, which first started operating in 1987, was taken over by Jay Hawkes, the current owner, in 2012. The company… Read More
Builderstorm, a UK based cloud-based software brand, recently launched an equity crowdfunding campaign on Crowdcube. Originally seeking £100,000, the company has already secured the initial funding target from more than 80 investors. Builderstorm currently offers software for managing construction companies. The software has over 30… Read More
In an allegory for the wider problem of SME funding, recent research has revealed that the UK’s small construction firms are struggling to return to the profits they achieved before the recession, while large housebuilders have already recovered beyond their pre-crunch highs. Small firms saw… Read More
APE Mobile, an established Australian software company that has developed an innovative paperless site app for the Construction, Mining and Oil & Gas industries to enable greater efficiency in managing on-site documents on iPads and web devices, is pleased to announce the raising of $2 million in… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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