Builders Patch

AI-powered platform for Multifamily Housing Finance

Builders Patch was founded in 2017, is headquartered in United States, and has $2.3M in recorded funding across 1 round.

Founded
2017
Business Model
B2B
Total Funding
$2.3M
Last Round
$2.3M SeedSep 2021
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 6 investors for this company. The full record is or through the API.

About

Builders Patch is a cloud-based software platform designed to streamline the financing and development of affordable multifamily housing in the United States. Founded in 2017 by Kanan Ajmera — an architect-turned-affordable housing underwriter with experience at PNC, Richman Housing, and Citibank — the platform brings together developers, equity investors, lenders, and housing finance agencies on a single digital workspace. It automates the four-to-six month closing process for LIHTC and other affordable housing deals, replacing fragmented phone calls, spreadsheets, and siloed tools with a structured deal management system. Builders Patch addresses a critical gap in affordable housing infrastructure at a time when the US faces a shortage of millions of units.

Summary

Builders Patch is a PropTech company based in United States, founded in 2017. It has raised $2.3M in total across 1 round, most recently a $2.3M Seed round in Sep 2021. Investors include Urban Innovation Fund, Govtech Fund and TenOneTen Ventures.

Tech & App Stack

5 technologies & apps tracked

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Funding History

SeedSeed RoundSep 2021
$2.3M

Investors

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