In a strategic alliance, MightyBot — a policy-driven agentic AI platform for mission-critical business workflows — and Built, a financial operations platform specializing in real estate and construction finance, have launched Draw Agent, a next-generation AI tool designed to transform the construction finance industry.
Draw Agent automates complex processes involved in loan draw management within Built’s platform, which connects capital providers, developers, owners, and builders to streamline budgets, draws, and payments. The AI-driven solution aims to minimize risk, accelerate funding timelines, and enhance transparency across all construction financing stages.
The agent’s core features include policy-driven workflows that enforce lender requirements, human-in-the-loop oversight for accuracy, built-in auditability for compliance, and seamless integration with existing financial systems. Reported outcomes show over 99% accuracy across thousands of loan draw events, a 95% reduction in review time (as fast as three minutes), 30–60% faster turnaround from request to funding, and a fourfold improvement in risk detection compared to manual reviews.
MightyBot CEO John Forrester stated that end-to-end autonomy with strong controls is now achievable and already creating real advantages in regulated industries. The collaboration sets a new benchmark for using AI agents in construction finance—delivering precision, speed, and compliance in a sector that demands all three.
