Workforce Intelligence Contech Startup Bridgit Raises CA$ 24 Million Series B

Workforce Intelligence Contech Startup Bridgit Raises CA$ 24 Million Series B

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Toronto-based construction-focused workforce intelligence company Brigit announced it has raised CA$ 24 million in a Series B funding round co-led by Camber Creek and Storm Ventures.

As a cloud-based platform, Bridgit Bench, their flagship product, is catered towards contractors’ operations teams, with the goal of optimizing workforce management and workflow, aiding with hiring and providing input on workforce availability for tendering decisions. 

Bridgit had consistently been very focused on researching their market to seek out opportunities that would improve their offering. Since launching in 2014, they eventually realized there was an unserved market need around workforce planning for mid to large-sized general contractors (GCs). 

The company launched Bridgit Bench in May 2019, and since then, has had successful strategic funding rounds like their most recent one. Currently, the company caters to clients starting at 75-plus headcount, though the average “office” size is at least 200 individuals, be it a specific region or the entire business.