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We couldn't be more excited to announce Tiger Global has backed Briq with $30M in Series B funding. Check out the announcement on our page, or head over to Tech Crunch to learn more!
Briq’s construction fintech SaaS platform digitizes construction financial data by applying advanced analytics and artificial intelligence (AI) “to help power decision making and improve profitability at construction companies of all sizes. Specifically, Briq uses automation, predictive modeling and analytics to improve financial outcomes. Our proprietary technology platform allows you to reduce overhead costs by automating repetitive tasks, so there is no risk of human error. All data is 100% accurate and immediately available to leverage. Briq uses data analysis across all your systems (think your accounting system, PM system, ERP, etc.) to identify your leaky bucket. If there are costs that go outside the norm based on your historical activity, Briq will tell you right away. Not only does Briq mitigate risk, we find ways to enhance profit during a project. With your WIP fully automated, you can make more accurate forecasts on cash flow, labor, and cost-to-complete.
Briq Aims To Bring Fintech To Construction Industry With $10M Series A
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