# Briq

**Source:** https://www.startuphub.ai/startups/briq
**Profile type:** Startup

> AI-powered financial automation platform for construction companies.

## About

Briq is an AI-based financial automation platform designed to enhance efficiency and profitability for construction companies. It automates financial workflows by connecting people, processes, and systems, enabling contractors to better manage budgets, forecasts, and spending. The platform uses generative automation bots to handle tasks like accounts payable, receivable, and payroll processing, as well as financial forecasting and risk detection.

## Key facts

- **Slug:** briq
- **Website:** https://briq.com/
- **Location:** San Mateo, United States
- **Founded:** 2018-01-01
- **Operating status:** Active
- **Total funding:** $48M
- **Sectors / tags:** Construction Tech, Fintech, Workflow Automation, Business Intelligence, Financial Automation, Generative AI, AI Agent

## Frequently asked

### What does Briq do?

Briq is an AI-based financial automation platform designed to enhance efficiency and profitability for construction companies. It automates financial workflows by connecting people, processes, and systems, enabling contractors to better manage budgets, forecasts, and spending. The platform uses generative automation bots to handle tasks like accounts payable, receivable, and payroll processing, as well as financial forecasting and risk detection.

### What is Briq's revenue?

StartupHub estimates Briq's annual revenue at $4.3M (range $3.4M to $5.6M, 27% confidence), based on comparable companies in the sector.

### What is Briq's valuation?

StartupHub estimates Briq's effective valuation at $104.2M (range $72.9M to $135.4M, 31% confidence), based on comparable companies in the sector.

### How much funding has Briq raised?

Briq has raised a total of $48M in funding. The most recent round on record is Series B.

### Where is Briq headquartered?

Briq is headquartered in San Mateo, United States.

### When was Briq founded?

Briq was founded in 2018.

### What industry does Briq operate in?

Briq operates in Construction Tech, Fintech, Workflow Automation, Business Intelligence, Financial Automation, Generative AI.

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