About Brokrete
Brokrete is a company based in Gatineau (Canada) founded in 2015.. Brokrete has raised $3.65 million across 3 funding rounds from investors including Xploration Capital, Avlok Kohli and MaRS IAF. The company has 26 employees as of December 31, 2024. Brokrete offers products and services including Job Management Software, Dispatch System, Customer Portal, and Back-office Solutions. Brokrete operates in a competitive market with competitors including BuildDirect, RenoRun, Gesco, Toolbx and DirtMarket, among others.
- Headquarter Gatineau, Canada
- Employees 26 as on 31 Dec, 2024
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Sectors
Real Estate & ConstructionRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tough Commerce Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.65 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Seed
Jul 20, 2021
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Investors
Xploration Capital
& 4 more
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Employee Count
26
as on Dec 31, 2024
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Products & Services of Brokrete
Brokrete offers a comprehensive portfolio of products and services, including Job Management Software, Dispatch System, Customer Portal, and Back-office Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for automated scheduling and invoicing in construction jobs.
Tool for quick job dispatching and operator tracking.
Portal for contractors to submit and track orders efficiently.
Solutions for invoicing and analytics in business operations.
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Funding Insights of Brokrete
Brokrete has successfully raised a total of $3.65M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in July 2021. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $3.0M
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First Round
First Round
(15 Jul 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - Brokrete | Valuation | Xploration Capital | |
| Mar, 2020 | Amount | Seed - Brokrete | Valuation | Y Combinator |
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| Jul, 2019 | Amount | Angel Round - Brokrete | Valuation | Ronald Richardson , Avlok Kohli |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Brokrete
Brokrete has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Xploration Capital, Avlok Kohli and MaRS IAF. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are funded across sectors by Xploration Capital.
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Founded Year | Domain | Location | |
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Early-stage technology startups are supported through investments by MaRS IAF.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Brokrete
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Brokrete
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Brokrete Comparisons
Competitors of Brokrete
Brokrete 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 BuildDirect, RenoRun, Gesco, Toolbx and DirtMarket, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online B2B marketplace for building and home improvement products
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| domain | founded_year | HQ Location |
A tech-enabled marketplace for buying construction materials.
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| domain | founded_year | HQ Location |
Home flooring products are distributed online to B2B customers.
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| domain | founded_year | HQ Location |
Construction materials are traded via an online marketplace platform.
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| domain | founded_year | HQ Location |
Provider of an online marketplace for soil
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Brokrete
Frequently Asked Questions about Brokrete
When was Brokrete founded?
Brokrete was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Brokrete located?
Brokrete is headquartered in Gatineau, Canada. It is registered at Gatineau, Quebec, Canada.
Is Brokrete a funded company?
Brokrete is a funded company, having raised a total of $3.65M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $500K, raised on Jul 15, 2019.
How many employees does Brokrete have?
As of Dec 31, 2024, the latest employee count at Brokrete is 26.
What does Brokrete do?
Brokrete was founded in 2015 in Gatineau, Canada, as an online marketplace focused on construction and landscaping materials. A wide range of products, including kitchens, bathroom vanities, flooring, stone, ready-mix concrete, insulation, drywall, siding, and rentals for machinery and containers, can be searched and ordered by users. The platform operates through a mobile app available on Android and iOS devices, serving the building and design sectors.
Who are the top competitors of Brokrete?
Brokrete's top competitors include BuildDirect, Gesco and Toolbx.
What products or services does Brokrete offer?
Brokrete offers Job Management Software, Dispatch System, Customer Portal, and Back-office Solutions.
Who are Brokrete's investors?
Brokrete has 5 investors. Key investors include Xploration Capital, Avlok Kohli, MaRS IAF, Ronald Richardson, and Y Combinator.