Construction-software provider Bridgit has raised CDN$24 million in a Series B round that will help the Waterloo Region company hire more staff, further its product development and increase market share.
“This Series B funding round will fuel rapid product development and aggressive hiring, so we can continue to bring innovative solutions to the forefront of the construction industry,” says Mallorie Brodie, CEO and Co-Founder.
Bridgit has grown rapidly since 2019 when it pivoted from field-oriented project-management software to its current flagship solution, Bridgit Bench, a cloud-based software platform that helps general contractors manage their workforce needs and leverage project data to improve bidding and staffing decisions.
Johnathon Grammer, Director of Operational Excellence at Rogers-O’Brien Construction and a Bridgit customer in Texas, praised Bridgit for its services. “Bridgit gives us the ability to put the right people on the right jobs at the right time… This gives us a distinct competitive edge by allowing us to put our best teams forward, while pursuing and winning bids on projects where we are positioned to be most successful.”