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Bridgit has raised $175.8M across 8 funding rounds.
Key people at Bridgit.
Bridgit has raised $175.8M in total across 8 funding rounds.
Bridgit is a Kitchener, Ontario-based software company that develops workforce intelligence and planning platforms for the commercial construction industry. The firm operates a SaaS business model centered on its flagship product, Bridgit Bench, which replaces manual spreadsheets with forecasting tools to help general contractors efficiently allocate personnel across project pipelines. The enterprise has raised over $36.6 million in total venture funding and reported a 125 percent year-over-year revenue increase in 2021, simultaneously adding 1,800 new users and 9,700 projects to its system. Its software is currently utilized by nearly 40 percent of the ENR 400 top contractors, securing enterprise contracts with major construction firms such as Skanska and Balfour Beatty. Institutional backing for the organization includes strategic equity investments from Autodesk and Salesforce Ventures. Bridgit was founded in 2012 by Mallorie Brodie and Lauren Lake.
Key people at Bridgit.
Bridgit has raised $175.8M across 8 funding rounds. Most recently, it raised $139.6M Debt / Series A in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 11, 2024 | $139.6M Debt Financing | — | — | Announced |
| Oct 1, 2021 | $19M Series B | Camber Creek, Storm Ventures | Heavybit, Hyde Park Venture Partners, Joseph Fung, Michelle Mcbane, BDC Capital, Nine Four Ventures, Sands Capital, StandUp Ventures, Vanedge Capital | Announced |
| Jul 14, 2020 | $7M Venture Round | AMY Olah, Autodesk | Salesforce Ventures, Sands Capital, StandUp Ventures | Announced |
| Aug 9, 2019 | $1.5M Debt Financing | AMY Olah | — | Announced |
| May 22, 2019 | $750K Venture Round | FedDev Ontario | — | Announced |
| Mar 1, 2019 | $5M Series A | Michelle Scarborough | Metanoia, Salesforce Ventures, Sands Capital, Vanedge Capital | Announced |
| Oct 1, 2017 | $2M Series A | MaRS IAF, StandUp Ventures | Metanoia | Announced |
| Apr 1, 2016 | $1M Seed | Hyde Park Venture Partners | Lobby Capital, Maveron, Newfund, Unlock Venture Partners, Jeffrey Wilke | Announced |
Bridgit has raised $175.8M in total across 8 funding rounds.
Bridgit's investors include Camber Creek, Storm Ventures, Heavybit, Hyde Park Venture Partners, Joseph Fung, Michelle McBane, BDC Capital, Nine Four Ventures, Sands Capital, StandUp Ventures, Vanedge Capital, Amy Olah.
Bridgit is a construction technology company that builds Bridgit Bench, the leading workforce planning software for general contractors, and recently launched Bridgit AI as a 24/7 planning assistant.[1][2][5][6] It serves top general contractors, including nearly 40% of the ENR 400 such as Balfour Beatty, Skanska, Ryan Companies, and DeAngelis Diamond, solving the problem of manual spreadsheet chaos by providing a centralized database for real-time visibility into workforce skills, certifications, project histories, availability, and forecasting to optimize allocations, reduce meetings by 50%, cut prep time by 84%, and drive project efficiency.[1][3][4][5] With $17.9 million in 2025 revenue, 89 employees, and $53.1 million in total funding, Bridgit demonstrates strong growth momentum, including 125% YoY revenue increase in 2021 and expansion to 9,700 projects across 60+ new contractors that year.[3][4]
Bridgit was founded in 2012 (with some sources noting 2014) by Lauren Lake and Mallorie Brodie (current CEO), who grew up in construction families and identified the industry's reliance on fragmented spreadsheets for workforce management as a critical pain point they wanted to modernize.[2][3][6][7] The idea emerged from their firsthand experience with these inefficiencies, leading to Bridgit's core mission: help contractors build more effectively by putting people first through data-driven planning.[2][6] Early traction built quickly, with the company onboarding 27 of the top ENR 400 contractors by 2021 and achieving ~20% penetration among them, fueled by consistent innovation and client partnerships.[4][5]
Bridgit rides the construction tech (ConTech) digital transformation wave, addressing uncollected workforce data in an industry where most information goes unused, amid labor shortages, rising costs, and demands for efficiency.[1][2] Timing is ideal as general contractors face complex multi-project management post-pandemic, with market forces like skilled labor scarcity and project backlogs favoring data-driven tools—Bridgit's 40% ENR 400 adoption influences the ecosystem by setting standards for people-centric planning, inspiring competitors like Procore, and accelerating profitability through better resourcing.[3][4][5] By prioritizing "people-first" strategies, it humanizes ConTech, helping firms like Skanska forecast recruitment and protect margins in a $10T+ global market.
Bridgit is poised to expand beyond workforce intelligence into broader people-focused solutions, leveraging AI for deeper platform value and capturing more revenue streams amid growing ConTech demand.[2][5] Trends like AI automation, labor analytics, and global construction booms will shape its path, potentially pushing toward unicorn status with its funding base and traction. Its influence may evolve by dominating ENR contractor planning, fostering industry-wide data adoption, and redefining success around high-performing teams—proving that in construction, the right people, powered by tech, build the future.