March 9, 2026

Company

Built Technologies Deploys First Autonomous AI Agent for Construction Lending

MightyBot and Built Technologies launched Draw Agent, the first autonomous AI agent for construction loan processing. It achieves 99%+ accuracy reviewing loan draw documents, reduces review time by 95% to as few as 3 minutes, and detects 400% more compliance risks than manual review — transforming how financial institutions process construction lending.

The end-to-end loan administration agent achieves 99% accuracy and 20X faster processing

PALO ALTO, Calif., (November 4, 2025)— MightyBot, the policy-driven agentic AI platform for mission-critical business, today announced a partnership with Built, a financial operations platform designed for real estate and construction finance. The collaboration led to the successful launch of Draw Agent, Built’s first agentic AI offering, which represents a new operating model for construction lending—moving from manual review to intelligent execution.

Draw Agent is the first public use case of how MightyBot is deploying agentic AI to transform the future for operations teams—a $300 billion opportunity. For MightyBot, this partnership validates a fundamental shift in enterprise AI: the ability to deploy autonomous agents in high-stakes financial workflows where precision, compliance and auditability are non-negotiable. Draw Agent demonstrates that agentic AI can handle core operations at scale, establishing MightyBot as the infrastructure layer for regulated industries adopting AI-driven automation.

How It Works

MightyBot provides policy-driven automation workflows for complex, regulated industries. The company’s technology turns business rules into autonomous AI agent workflows. The platform provides:

  • Policy-driven execution that enforces lender requirements consistently 
  • Human-in-the-loop controls for oversight and key business decisions 
  • Built-in auditability and explainability for regulated environments 
  • Scalable automation that integrates with existing systems

Built partnered with MightyBot to address one of construction finance's biggest bottlenecks: loan draw processing. Built's platform connects capital providers, owners, developers and builders to manage capital, budgets, draws and payments in one place. Draw Agent accelerates construction loan disbursements while reducing risk and improving efficiency, and is the first in a series of specialized agents Built will release over the coming year as part of their partnership with MightyBot.

"Operations teams are drowning in repetitive but essential tasks where errors are costly," said John Forrester, CEO of MightyBot. "Draw Agent proves that end-to-end autonomy with rigorous controls isn't just possible but is already delivering competitive advantages for customers across regulated industries. This is AI moving from promise to production."

The Draw Agent launch represents a pivotal shift in applying purpose-built agentic AI to complex, interconnected financial operations. MightyBot's approach that combines autonomy with transparency and human oversight, establishes a blueprint for deploying AI agents in mission-critical environments where trust and accuracy are indispensable.

Key Results:

  • 99%+ accuracy in production across thousands of construction loans
  • 95% time reduction on draw reviews—completed in as few as 3 minutes
  • 30-60% improvement in draw turn time from borrower request to funding
  • 400% more risks detected compared to human-led reviews
  • 100% policy adherence with documented audit trails for compliance

“MightyBot’s platform seamlessly integrated into our tech stack without any re-architecture,” said Thomas Schlegel, VP of Engineering at Built. “They plugged in as an AI exoskeleton for our existing platform, enhancing our capabilities without disruption. Built teams have greatly benefited from the AI-first ways of working MightyBot introduced. Together, their technology and our platform helped us bring this incredibly powerful product to market in weeks, not years. We’re extremely excited and proud of the results we’re delivering for our customers, reducing time on task by nearly 95% and accelerating draws to borrowers by up to 60%.”

The Draw Agent launch marks a pivotal step in applying purpose-built software, proprietary data, and advanced AI to the complex, interconnected world of real estate finance. Financial institutions across sectors are turning to MightyBot's platform to unlock operational efficiency, strengthen compliance and scale with confidence in an AI-driven future.  In a moment when the growth of global economies hinges on their ability to leverage AI and automation, MightyBot is offering industry-first technology that enables enterprise companies to unleash the full productivity of their workforce.

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How AI Is Transforming Construction Loan Processing

Construction loan draw processing is one of the most document-intensive workflows in financial services. Each draw request involves reviewing invoices, lien waivers, insurance certificates, inspection reports, permits, and compliance documents against lender-specific policies. A single draw package can contain 50 to 200 pages across 10 to 30 documents.

Traditional processing requires loan administrators to manually review every document, cross-reference data points, verify policy compliance, and make funding recommendations. This typically takes 2 to 4 hours per draw. At scale, lenders processing hundreds of draws per month face a bottleneck that limits growth and increases risk.

AI agents designed for construction lending automate this review process by:

  • Extracting structured data from unstructured documents (invoices, permits, insurance certificates)
  • Cross-referencing data points across multiple documents within a draw package
  • Checking compliance against each lender'''s specific policies and requirements
  • Flagging risk issues that human reviewers might miss in high-volume environments
  • Generating audit trails documenting every decision for regulatory compliance

The result: draw reviews completed in minutes instead of hours, with higher accuracy and more thorough compliance checking than manual review alone.

About MightyBot

MightyBot is the Agentic AI platform for mission-critical finance. The platform delivers scalable agent systems that automate complex enterprise workflows safely and transparently, with human review in the loop of agent execution. MightyBot combines policy-driven execution with built-in auditability and explainability. Financial institutions use MightyBot to move faster, strengthen compliance, and scale operations with confidence. Learn more at mightybot.ai

About Built

Built is an AI-powered financial operations platform for the real estate and construction industries. By connecting capital providers, owners & developers, and builders, Built automates workflows, accelerates the flow of money and information, and unlocks insights for smarter decisions. Hundreds of top financial institutions and thousands of owners and builders trust Built to manage hundreds of billions in real estate and construction activity—so you spend less time on process and more time on progress. Learn more at getbuilt.com

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Frequently Asked Questions

What is Draw Agent?

Draw Agent is an autonomous AI system built by MightyBot and Built Technologies that processes construction loan draw requests. It reviews invoices, lien waivers, and compliance documents against lender policies, achieving 99%+ accuracy and reducing review time by 95%.

How does AI improve construction loan processing?

AI agents like Draw Agent automate document review, data extraction, and policy compliance checks that previously required hours of manual work per draw. This reduces processing time from hours to minutes while catching 400% more risk issues than human-only review.

What is policy-driven agentic AI?

Policy-driven agentic AI is an approach where autonomous agents execute clearly defined business rules rather than making ad-hoc decisions. Lenders define policies in natural language, and the AI consistently enforces those policies across every transaction with full auditability.

How accurate is AI in financial services automation?

MightyBot's Draw Agent achieves 99%+ accuracy in production across thousands of construction loans, exceeding the initial 80% target. The system maintains 100% policy adherence with documented audit trails for regulatory compliance.

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