“Breaking Barriers: Briq Secures $8M Investment and Soars to $150M Valuation with Revolutionary AI-driven Finance Automation for Construction Industry”
Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuationAt a time where many startups are struggling to raise funding, or are raising – but at lower valuations, it’s notable when companies raise at flat or higher valuations.
The startup last announced a fundraise in June of 2021 – a $30 million Series B financing led by Tiger Global Management.
Customers include Briq Choate Construction, Catamount Construction, Fessler and Bowman, and Elder Construction, among others.
Briq deploys that across two products: Briq AutoPilot and Briq CoPilot.
“Usually when we think about robots in construction, we think about machines on a jobsite.
