Canadian construction software company Bridgit today announced the close of a $7 million funding round led by Autodesk with participation from Salesforce Ventures, StandUp Ventures, Sands Capital, and Export Development Canada (EDC). Bridgit was founded in 2013 by CEO Mallorie Brodie and COO Lauren Lake and integrates the data contractors and construction site managers need to understand current demand and plan for the future.
“In the span of the past five years or so, construction site managers have grown to expect integrated solutions so data can flow between other construction technology companies,” Lake told VentureBeat in a phone interview.
As part of the deal, Bridgit will integrate with solutions from Autodesk Construction Cloud, and the funding will be used for product development, research and development initiatives, and continued investment with different partners in the construction landscape.
You can read more about the story here and learn how Bridgit is paving new ground for development in the construction industry above.