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Briq
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Briq

Financial automation platform for construction.

About

Founded

2018

Headquarters

Santa Barbara, California

Industry

Construction

Company Description

Briq is an AI based financial automation platform that enables construction companies to be more efficient and profitable. Briq automates financial workflows by connecting the people, processes, and systems that contractors use to run their business. By empowering contractors to make better business decisions, hundreds of companies rely on Briq to manage their budget, forecast, and spend.

Quick Links

WebsiteJobs

Funding

Total Raised

$46 million

Valuation

Undisclosed

Significant Investors

Tiger Global Management, Eniac Ventures, Blackhorn Ventures

Company Traction

  • Briq customers are general and specialty contractors between $10 million and $1 billion in revenue, including ACME Constructors, Shamrock Electric, SphereNY, Vantage Builders, Bryan Builders, and Fessler & Bowman.
  • As of June 2021, Briq manages and forecasts ~$30 billion in construction volume for 150 customers.
  • Between January 2020 and June 2021, Briq reported a 200% growth in ARR.

Leadership Team

  • Bassem Hamdy: Co-Founder & CEO of Briq. Former EVP of Marketing and Enterprise Strategy at Procore Technologies.
  • Ron Goldshmidt: Co-Founder, COO, and Head of Fintech at Briq. Former Head of Emerging Markets, Americas at RBC Capital Markets.
  • Brad Clendenen: SVP of Product and Technology at Briq. Former Senior Director of Product Management at Impact.
  • Ellis Talton: VP of New Market Strategies at Briq. Former Country Director at The Energy Year.
  • Taylor Hanson: SVP of Customer Success at Briq. Former VP of Customer Success at owl.co.

Press

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