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Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuation - Vimarsana News

Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuation

Briq, which has built a platform designed to allow all departments of a construction company to automate financial workflows such as accounts payable and payroll, has raised $8 million in an extension round at a $150 million valuation. The company opted to “wait out the market,” and raise a smaller dollar amount with less dilution at a flat valuation rather than go out and try to raise a Series C, said CEO and co-founder Bassem Hamdy in an interview with TechCrunch. MetaProp, whose managing partner Aaron Block is set to join Briq's board, co-led the round alongside Blackho...

Source: yahoo.com
Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuation - Vimarsana News

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.

In Santa Barbara, Real Estate Tech With an (Unusually Cheap) Ocean View – Commercial Observer - Vimarsana News

In Santa Barbara, Real Estate Tech With an (Unusually Cheap) Ocean View – Commercial Observer

Its lifestyle and tech legacy make the small SoCal community big for proptech.

Biden's infrastructure plan endangered by dire shortage of workers, materials | Top Stories - Vimarsana News

Biden's infrastructure plan endangered by dire shortage of workers, materials | Top Stories

The biggest threat to President Joe Biden’s vision of energizing the U.S. economy with the largest infrastructure program in decades may not be its challenging path through Congress, but a

Source: nny360.com
The Day - Biden's infrastructure plan endangered by big shortages of everything - News from southeastern Connecticut - Vimarsana News

The Day - Biden's infrastructure plan endangered by big shortages of everything - News from southeastern Connecticut

pandemic, and now as vaccines become more widely available, we are reporting on how our local schools, businesses and communities are returning to a more "normal" future. There's never been more of a need for the kind of local, independent and unbiased journalism that The Day produces. Please support our work by subscribing today. Biden's infrastructure plan endangered by big shortages of everything In this April 6, 2021, file photo traffic moves over the George Washington Bridge as seen from Fort Lee, N.J. While President Joe Biden pitches his infrastructure plan to the American public, t...

Source: theday.com