Built Technologies Announces Hiring of Chief Technology Officer to Begin Company Expansion

NASHVILLE, Tenn., Dec. 20, 2017 (GLOBE NEWSWIRE) -- Built Technologies, a TN-based technology company bringing construction lending to the digital age, has appointed Matthew Russell as Chief Technology Officer (CTO). Russell previously served as CTO of Digital Reasoning and was named “CTO of the Year” in 2017 by the Nashville Technology Council.

Matthew Russell, CTO of Built Technologies


Russell joins Built on the heels of a significant $21 million series A capital raise with Index Ventures and Nyca Partners in November, which allowed the tech innovator to deepen its team, accelerate its growth and bolster investments in data utilization.

With a deep understanding of healthcare and financial tech startups, machine learning, data science and complex software architecture, Russell brings more than a decade of experience to Built, where he will oversee the strategic development and technical operations of its collaborative construction lending platform. At Digital Reasoning, he led the corporation’s technology, data science, and intellectual property strategy. Russell’s career is highlighted by his service as an active duty U.S. Air Force officer, deploying overseas as a defense intelligence contractor, facilitating the enforcement of financial compliance, improving cancer treatment with advanced software, and consulting with businesses on data and data science strategy.

“Matthew is an integral addition to our team as we enter an era of unprecedented growth for Built,” said Chase Gilbert, CEO and co-founder at Built. “With his impressive background in technology enterprise and experience in executive leadership, we’re confident Matthew will not only elevate Built and our product, but his expertise, especially in data analysis and utilization, will transform the entire industry.”

Russell was inducted into Senator Bill Frist’s Nashville Healthcare Council Fellowship at Vanderbilt University in 2016. He is a published author in various academic journals and his book, Mining the Social Web, teaches software developers how to collect, aggregate and analyze social media data.

Russell earned his B.S. Computer Science at the U.S. Air Force Academy, received his M.S. from the U.S. Air Force Institute of Technology and was inducted into the Wings of Blue Parachute Team with nearly 500 jumps as a parachuting instructor and sport skydiver.

“Built is solving a significant problem in construction lending, and I’m excited to be leading an incredibly talented technology team that is delivering a definitive solution for managing loans that is quickly becoming the de-facto standard for financial institutions across the country,” said Russell. “Our platform already allows our customers to make smarter, faster, better decisions, and our recent investment from Index Ventures allows us to accelerate our development efforts to serve an even broader segment of the market in 2018.”

About Built
Built is the leading provider of secure, cloud-based construction lending software. Built's collaboration software brings the draw management process online and helps reduce construction loan risk, increases loan profitability, transforms the borrower experience, and simplifies compliance. Built serves small, regional, and national lenders coast-to-coast. To find out more visit getbuilt.com, join Built on LinkedIn or follow Built on Twitter at @BuiltTechnology.

Contact: Katie Soltas
Ph: 219-775-0307
Katie.soltas@dvlseigenthaler.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2be6bdee-af24-462b-a2ce-28c248c9c9ee

Source: Built Technologies