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Bridgit announces revenue growth in 2020

DCN-JOC News Services
Bridgit announces revenue growth in 2020

KITCHENER, ONT. — Kitchener-based construction software firm Bridgit has announced 250-per-cent revenue growth and a sixfold increase in users in 2020.

Bridget also saw a 400-per-cent increase in project plans updated, a 350-per-cent hike in roles added or updated and a 400-per-cent increase in projects updated, stated a recent release.

Bridgit’s primary software product, Bridgit Bench, is a construction resource management tool used by contractors for project forecasting and resource allocation. 

Among other milestones, stated the release, the company announced a US$7 million strategic investment led by Autodesk in July and expanded its integration with construction software platforms from Procore and Autodesk Construction Cloud.

“After researching the pain points around resource planning in construction, we were ecstatic to launch our initial offering, Bridgit Bench, in May 2019,” said Mallorie Brodie, CEO and co-founder of Bridgit, in a statement. “A short 18 months later, our platform is supporting some of the largest contractors with their resource planning efforts every day. We are heading into the new year ready to accelerate our product development and add additional value to our customers’ resource planning efforts.”

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