Bridgit has raised $6.2 million CAD in a Series A round initiated by the Business Development Bank of Canada (BDC) Capital Women in Technology Venture Fund by promoting their project management platform for construction businesses.
“Investors were excited about how complimentary that [product] was to our existing offering and just the customer interest in that. Those two things combined are really what brought about this Series A, in addition to the existing foundation of our business and growth,” Mallorie Brodie, the co-founder and CEO of Bridgit told BetaKit.
General contractors, engineering firms, and real-estate developers throughout North America use Bridgit’s mobile-first software solutions. As they’ve informed The Globe and Mail, their software is used within up to 10,000 projects at any given time. Bridgit plans on using the funding to expand its presence in the U.S. markets, establishing deeper relationships and footholds in cities like Miami, New York, Seattle, and Chicago.