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Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuation
Briq last raised in 2021, and is focused on allowing all departments of a construction company to automate financial workflows.
MetaProp, whose managing partner Aaron Block is set to join Briq’s board, co-led the round alongside Blackhorn and Eniac. But Briq has turned that on its head and introduced to construction the idea that robots can be used in the back office to manage cost, process payroll, run forecasts, and perform all sorts of other mundane but super important tasks,” he said in a statement. While Briq is focused on serving the general and specialty contracting market in North America, it does have plans to expand into new geographies in the coming years.
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