construction-finance
(10)
Built wants to shorten the distance between work and money
A construction project can move faster than its paperwork. Built connects lenders, builders and the documents between them - and its most revealing lesson is that even a spreadsheet deserves a little respect.
Resolute Direct Capital and the price of buying time
A commercial property deadline can be merciless. Resolute Direct Capital offers private credit for deals that can survive the scrutiny as well as the clock.
Agave Built the Pipes Before It Turned On the AI
Construction's back office runs on software old enough to have a mortgage. Agave's clever move was not to replace it, but to teach it how to talk - then put AI to work on the conversation.
The $160 Billion Spreadsheet Problem Handle Wants to Pour Into Concrete
Construction payments come wrapped in waivers, deadlines and state-by-state rules. Handle turned that paperwork trap into a software platform now touching more than $160 billion in invoices and financial workflows.
Mina Selim Keeps the Numbers Behind the Blueprints
At Core States Group, the work everyone can see begins with disciplines most people never notice. Division Controller Mina Selim has built a career in that hidden layer, where construction ambition meets financial order.
Ambrook Found a $59 Million Opportunity Between a Shoebox and NetSuite
The New York fintech spent years learning why farm books break, then discovered its second customer was really five businesses in a cowboy hat. Now 8,000 operators and $59 million in funding are testing whether that niche lesson can travel across the real economy.
Grand Coast Built a $470 Million Lending Machine in the Gap Banks Left Behind
Banks like tidy buildings and long timelines. Grand Coast found its business in the messy middle - the 12 to 18 months when a serious property investor needs money now, not after the opportunity is gone.
Claire Wilson Saw the Payment Problem Hiding Inside the Skyline
The civil engineer who once managed pieces of Hudson Yards now runs Siteline, turning the paperwork behind commercial construction into a clearer path to getting paid.
Adaptive
Adaptive is a New York-based fintech building an AI-native financial platform for the construction industry. It sits on top of QuickBooks to automate the money side of building projects - reading incoming bills, matching them to the right job and cost code, routing approvals, tracking budgets and draws, managing vendor compliance, and processing payments. Founded in 2021 by Matt Calvano, Henry Bradlow, and Francisco Enriquez, the company serves custom homebuilders, general contractors, developers, and specialty trades, and raised a $19M Series A led by Emergence Capital in 2024.
Matt Calvano
Matt Calvano is co-founder and CEO of Adaptive, a New York-based AI-native accounting and financial management platform built for the construction industry. A former real estate private equity investor and Morgan Stanley banker turned Stanford MBA, he launched Adaptive in 2022 with two Stanford classmates and has raised $26.4M from Emergence Capital and Andreessen Horowitz to attack the paperwork chaos and cash leakage inside the $2 trillion construction sector.