Brickeye Closes $10M Funding Round

Birckeye

Birckeye, a Toronto, Canada-based construction IoT and data analytics technology company, raised $10M in funding.

The round saw participation from BDC Capital’s IP-backed Financing Fund and Graphite Ventures, with additional funding from existing investors GreenSky Ventures, Brightspark, EDC, and MaRS Investment Accelerator Fund.

The company intends to use the funds to accelerate growth of its risk mitigation and productivity platform for the construction and insurance industries.

Led by CEO Tim Angus, Brickeye is a construction technology company dedicated to working the construction and infrastructure industries through IoT-enabled job site monitoring, smart automations, and data analytics solutions. Used by owners, developers, general contractors, and insurance providers, the company helps mitigate risk, boost productivity, and protect margins on building and infrastructure construction projects globally. Its end-to-end job site platform delivers actionable alerts and intelligent loss-reducing automations.

FinSMEs

01/11/2023