Bridgit discloses BDC Capital led $6.24M Series A

Bridgit Inc., a Kitchener, Ontario based construction management software developer, has finally disclosed the closing of a $6.2 million Series A financing led by government VC fund BDC Capital. The financing closed three months ago.

BDC Capital invested $2 million and rest came from US VCs (40% of the round) including Salesforce Ventures, Sands Capital Ventures, and Canadian VCs including BDC Capital funded StandUp Ventures, Vanedge Capital, and Ontario government funded MaRS Investment Accelerator Fund (IAF), and Innovation Grade Ventures and other private investors.

Bridgit has so far raised over $10 million in financing.

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.