Unlock full details of this profile with our free Lite plan!
Sign Up and Get Free AccessBriq - About the company
Briq is a series B company based in Santa Barbara (United States), founded in 2018 by Ron Goldshmidt and Bassem Hamdy. It operates as a Platform offering billing, spend management, and financial planning solutions. Briq has raised $54M in funding from investors like Blackhorn Ventures, Eniac Ventures and Tiger Global Management, with a current valuation of $150M. The company has 410 active competitors, including 89 funded and 38 that have exited. Its top competitors include companies like Gong, Built and Jupiter.
Company Details
Platform offering billing, spend management, and financial planning solutions. It is a financial automation platform for construction to assist users in predicting profits, reducing workload, and accurate data for making business decisions. It also offers solutions to businesses with automated workflows, smart data entry bots, and simplified financial processes.
- Website
- briq.com
- Social
- Email ID
- *****@br.iq
Key Metrics
Founded Year
2018
Location
Santa Barbara, United States
Stage
Series B
Total Funding
$54M in 5 rounds
Latest Funding Round
Post Money Valuation
$150M as on Jan 18, 2024
Investors
Ranked
28th among 410 active competitors
Employee Count
39 as on Dec 31, 2023
Investment & Acquisitions
Legal entities associated with Briq
Briq is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
- | 39 (as on Dec 31, 2023) | - | ||
Dec 31, 2017 | - | - | - |
Get your free copy of Briq's company profile
Briq's funding and investors
Filter this listBriq has raised a total funding of $54M over 5 rounds. Its first funding round was on Feb 25, 2019. Its latest funding round was a Series B round on Jan 18, 2024 for $8M. 5 investors participated in its latest round, lead by Blackhorn Ventures and Eniac Ventures.
Briq has 10 institutional investors including Blackhorn Ventures, Eniac Ventures and Tiger Global Management.
Here is the list of recent funding rounds of Briq:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 18, 2024 | $8M | Series B | 1258554 | 2486310 | |
Jun 07, 2021 | $30M | Series B | 1481475 | 8623274 | |
May 11, 2020 | $10M | Series A | 5392576 | 8165450 |
Access funding benchmarks and valuations. Sign up today!View details of Briq's funding rounds and investors
Briq's founders and board of directors
Founder? Claim ProfileHere are the details of Briq's key team members:
- Ron Goldshmidt: Co-Founder of Briq and founder of 1 other company. Contact Info: 2 email addresses
- Bassem Hamdy: Co-Founder & CEO of Briq and founder of 1 other company. Contact Info: 1 email address
View details of Briq's Founder profiles and Board Members
Briq's employee count trend
Briq has 39 employees as of Dec 23. The total employee count is 28.0% lower than what it was in Dec 22. Here is Briq's employee count trend over the years:Uncover Briq's growth story! Sign up today!Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Briq's Competitors and alternates
Top competitors of Briq include Gong, Built and Jupiter. Here is the list of Top 10 competitors of Briq, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Gong 2015, San Francisco (United States), Series E | Platform offering revenue intelligence solutions | $584M | 66/100 | |
2nd | Built 2014, Nashville (United States), Series D | Cloud-based loan life cycle management solution for construction loans | $289M | 66/100 | |
3rd | Jupiter 2017, San Francisco (United States), Series C | Platform offering predictive analytics solution | $86M | 62/100 | |
4th | Foundation Software 1985, Cleveland (United States), Acquired | On-premise and Cloud-based Construction accounting software | - | 60/100 | |
5th | Construction payment and lien management software provider | $17.5M | 58/100 | ||
6th | Kumo 2021, Mountain View (United States), Series B | Provider of a SaaS-based platform for enterprises for analytics | $37M | 57/100 | |
7th | DecisionNext 2013, San Francisco (United States), Series A | AI based solutions for predictive analytics | $14.1M | 57/100 | |
8th | Carpe Data 2016, Santa Barbara (United States), Series B | Provider of a predictive scoring and data monitoring solutions for the insurance industry | $8.04M | 55/100 | |
9th | Seclytics 2014, San Francisco (United States), Seed | Provider of predictive threat intelligence solutions | $150K | 55/100 | |
10th | NWO.AI 2018, New York City (United States), Acquired | AI-based platform to track cultural global shifts | $3.5M | 54/100 | |
28th | Briq 2018, Santa Barbara (United States), Series B | Platform offering billing, spend management, and financial planning solutions | $54M | 43/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Briq's competitors? Click here to see the top ones
Briq's Investments and acquisitions
Briq has acquired Swipez. Briq has not made any investments as of now.
Reports related to Briq
Here is the latest report on Briq's sector:
News related to Briq
•
Nemetschek Group is investing in the American BRIQ financial automation platformBatipresse•Jan 29, 2024•Nemetschek Group, Briq
•
Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuationTechCrunch+•Jan 18, 2024•Briq, Tiger Global Management, Blackhorn Ventures, MetaProp NYC and 2 others
•
•
Tiger Global leads $30M investment into Briq, a fintech for the construction industryTechCrunch+•Jun 07, 2021•Briq, Tiger Global Management, Eniac Ventures, Blackhorn Ventures and 1 other
•
•
Construction Fintech Platform Briq Secures $10 Million Through Series A Funding RoundCrowdfund Insider•May 11, 2020•Briq, Darling Ventures, MetaProp, Eniac Ventures and 2 others
•
Brickschain Launches AI and Machine Learning Platform Synapse at Autodesk UniversityICrowdNewswire•Dec 20, 2019•Briq
•
•
Eniac leads $3 mln seed in construction tech company BriqPE Hub•Feb 25, 2019•Briq, Briq, Eniac Ventures, MetaProp and 1 other
•
Briq raises over $3 million to predict outcomes in the construction industryTechStartups.com•Feb 25, 2019•Briq, Briq
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQ's about Briq
Explore our recently published companies
- Ethos Power - 2012 founded, Unfunded company
- Maverick Simulation - Delhi based, 2006 founded, Unfunded company
- Kolab - Dubai based, Unfunded company
- intouchtribe.com - Sint-Truiden based, Acquired company
- Baraklabs - Bengaluru based, 2025 founded, Unfunded company
- 4Anime - 2021 founded, Unfunded company