About Briq
Briq is a company based in Santa Barbara (United States) founded in 2018 by Ron Goldshmidt and Bassem Hamdy. It operates as a SaaS (Software-as-a-Service). Briq has raised $54.03 million across 5 funding rounds from investors including Nemetschek Group, MetaProp and Blackhorn Ventures. The company has 39 employees as of December 31, 2023. Briq has completed 1 acquisition, including Swipez. Briq offers products and services including Otto. Briq operates in a competitive market with competitors including Built, Uptake, DecisionNext, OThot and MarketShare, among others.
- Headquarter Santa Barbara, United States
- Employees 39 as on 31 Dec, 2023
- Founders Ron Goldshmidt, Bassem Hamdy
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Sectors
Real Estate & ConstructionTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$54.03 M (USD)
in 5 rounds
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Latest Funding Round
$8 M (USD), Series B
Jan 18, 2024
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Investors
Nemetschek Group
& 6 more
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Employee Count
39
as on Dec 31, 2023
- Investments & Acquisitions
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Products & Services of Briq
Briq offers a comprehensive portfolio of products and services, including Otto.
An autonomous platform for workplace task automation provided.
People of Briq
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Funding Insights of Briq
Briq has successfully raised a total of $54.03M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Briq
Briq has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Nemetschek Group, MetaProp and Blackhorn Ventures.
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Tech and offline focused VC firm investing in geographies such as the US
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US focused seed and early-stage VC firm
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Venture and private equity investments are managed with global diversification.
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Investor details for Briq
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Investments & Acquisitions by Briq
Briq has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Swipez.
Investment portfolio details for Briq
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Cloud-based billing and payments solutions are offered to businesses.
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Complete acquisition details for Briq
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Financial Statements - Briq
Detailed financials for Briq
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Briq Comparisons
Peer comparison for Briq
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Competitors of Briq
Briq operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Built, Uptake, DecisionNext, OThot and MarketShare, among others.
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Cloud-based management of construction loan life cycles is provided.
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Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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AI-based predictive analytics solutions are delivered via cloud software.
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Predictive analytics solutions are provided for the education sector.
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Predictive analytics for marketing optimization and business decisions are provided.
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Predictive scoring and data monitoring solutions for insurance are provided.
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Detailed competitors of Briq
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Latest news on Briq
Complete news archive for Briq
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Frequently Asked Questions about Briq
Briq was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Briq is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.
Bassem Hamdy is the current CEO of Briq. They have also founded this company.
Briq is a funded company, having raised a total of $54.03M across 5 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Briq is 39.
Briq is engaged in creating autonomous work platforms like Otto. The company focuses on automation solutions for workplace efficiency. Its technology is applied across various sectors needing task automation. Solutions are designed to streamline operations and reduce manual workload.
Briq's top competitors include Kumo, DecisionNext and Carpe Data.
Briq offers Otto.
Briq has made 1 acquisition, including Swipez.
Briq has 7 investors. Key investors include Nemetschek Group, MetaProp, Blackhorn Ventures, Eniac Ventures, and Tiger Global.