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Bridgit, Inc.

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Bridgit, Inc.
Private
ISIN🆔
IndustrySoftware
Founded 📆December 17, 2012; 11 years ago (2012-12-17) in Kitchener, Ontario[1]
Founders 👔Lauren Lake, Mallorie Brodie
Headquarters 🏙️, ,
Canada
Area served 🗺️
North America
Products 📟 Workforce management software
Members
Number of employees
83[2] (2021)
🌐 Websitegobridgit.com
📇 Address
📞 telephone

Bridgit is a Canadian software company based in Kitchener, Ontario. It was established in 2012 by Mallorie Brodie and Lauren Lake. Bridgit develops software for the construction industry. It is one of the fastest-growing start-up companies in Canada.

History[edit]

Bridgit was established in December 2012 by Mallorie Brodie and Lauren Hasegawa (later Lauren Lake).[3][4] In 2013, their project was selected for The Next 36 startup accelerator.[5] Bridgit released a commercial app and a web platform named Closeout, in March 2014.[4] The company opened an office in Kitchener in October 2013.[6]

In December 2015, the company won Google's Entrepreneurs Demo Day (Women’s Edition) event in San Francisco.[7][8] In April 2016, Bridgit got С$2.2 million in seed financing.[9] In 2019, the firm received around C$8.5 million funding from various investors including the federal government.[10][11][12] In Spring 2019, the company launched its second product Bridgit Bench, a workforce planning software.[2] At the end of 2019, the firm opened a second office in Toronto.[13] Also in 2019, The Globe and Mail included Bridgit into its Inaugural list of Canadian fastest growing companies, where the firm was present in 2020 and 2021 as well.[14][15][16]

By October 2021, Bridgit raised more than C$35 million from venture capital companies, government bodies and private companies such as Autodesk and Salesforce.[17][2]

Product[edit]

As of November 2021, Bridgit had two mobile apps, Bridgit Field (previously Closeout) and Bridgit Bench. Bridgit Field is used to track deficiency management on the jobsite.[18] Bridgit Bench is a software, which helps operation managers and executives visualize where workers are, and how they need to be allocated in the future.[18] Bridgit Field is sold on a project-by-project basis, while Bridgit Bench is a subscription-based solution.[13][19]

References[edit]

  1. "Bridgit Inc". Bloomberg News. 2021. Archived from the original on 2021-11-13. Retrieved 2021-11-13.
  2. 2.0 2.1 2.2 Azevedo, Mary Ann (2021-10-26). "Bridgit secures $24M CAD in funding to provide construction companies with 'workforce intelligence'". TechCrunch. Archived from the original on 2021-10-26. Retrieved 2021-11-07.
  3. Seale, Andrew (2014-02-19). "How two graduates spied a business in construction defects". The Globe and Mail. Archived from the original on 2014-02-20.
  4. 4.0 4.1 Kelly, Deirdre (2014-12-24). "Graduates' app for tracking construction defects takes off". The Globe and Mail. Archived from the original on 2019-12-06. Retrieved 2021-11-07.
  5. Nowak, Peter (2015-07-15). "How BridgIt's app keeps big construction projects on time and budget". Canadian Business. Archived from the original on 2021-11-07. Retrieved 2021-11-07.
  6. Pender, Terry (2015-12-19). "Bridgit offers constructive solution for builders". Waterloo Region Record. Archived from the original on 2021-11-14. Retrieved 2021-11-14.
  7. della Cava, Marco (2015-12-10). "Google's Demo Day spotlights women founders". USA Today. Archived from the original on 2016-03-24. Retrieved 2021-11-07.
  8. Kelly, Heather (2015-12-10). "A Google Demo Day just for women". CNN. Archived from the original on 2016-10-07. Retrieved 2021-11-14.
  9. Bellemare, Andrea; Kappele, Danielle (2016-04-20). "Kitchener construction tech firm Bridgit raises $2.2 million in seed funding". CBC News. Archived from the original on 2017-02-13. Retrieved 2021-11-07.
  10. O’Kane, Josh (2019-03-17). "Ontario construction software firm Bridgit raises $6.2-million". The Globe and Mail. Archived from the original on 2019-03-18.
  11. Duhatschek, Paula (2019-05-22). "Women-led tech company Bridgit Inc. gets $750K investment from feds". CBC News. Archived from the original on 2021-02-27. Retrieved 2021-11-11.
  12. Kirkwood, Isabelle (2019-08-09). "Bridgit raises $1.5 million from CIBC Innovation Banking". betakit.com. Archived from the original on 2021-01-20. Retrieved 2021-11-13.
  13. 13.0 13.1 Jones, Jeffrey; Agrba, Liza; Davis, Anthony A.; Lee Kong, Stacy (2020-02-28). "Meet four startups impressing customers – and venture capitalists – by turning lofty visions into executed plans". The Globe and Mail. Archived from the original on 2020-12-24. Retrieved 2021-11-13.
  14. "Canada's Top Growing Companies: 2019". The Globe and Mail. 2019-09-27. Archived from the original on 2021-11-12. Retrieved 2021-11-13.
  15. "Canada's Top Growing Companies: 2020". The Globe and Mail. 2020-09-25. Archived from the original on 2021-11-12. Retrieved 2021-11-13.
  16. "Canada's Top Growing Companies: 2021". The Globe and Mail. 2021-09-24. Archived from the original on 2021-11-09. Retrieved 2021-11-13.
  17. Silcoff, Sean (2020-07-14). "Autodesk takes ownership stake in Canadian construction software company Bridgit". The Globe and Mail. Archived from the original on 2020-07-16. Retrieved 2021-11-11.
  18. 18.0 18.1 Hunter, Ian (2020-11-11). "Bridgit founders bridge the gap between construction and technology". CityNews. Archived from the original on 2021-11-14. Retrieved 2021-11-14.
  19. Silcoff, Sean (2021-10-26). "Software startup Bridgit continues banner year for fundraising by female-led Canadian tech companies". The Globe and Mail. Archived from the original on 2021-10-26. Retrieved 2021-11-13.

External links[edit]


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