“Can an AI-native financial workflow platform become the operating system for construction company finance — replacing manual processes across budgeting, AP, and payroll with autonomous digital workers?”
Founded in 2018 as a construction-focused financial planning and analytics platform, Briq initially targeted manual budgeting inefficiencies in construction firms. After raising a significant Series B in 2021, the company expanded into broader financial workflow automation including accounts payable and payroll. By 2024–2025, Briq pivoted toward an AI-first identity, launching the Otto AI Autonomous Work Platform with 'Digital Workers' — autonomous bots that execute financial tasks — repositioning from a SaaS analytics tool to an AI-driven financial OS for construction companies.
Briq discloses Blue Ridge Bank as its banking provider, according to the Embedded Finance Index 2026.
Briq does not disclose a bank charter of its own; its banking services are provided through Blue Ridge Bank.
Briq integrates with QuickBooks Online.
The Embedded Finance Index 2026 maps 3 layers in Briq's stack: Banking / BaaS (Blue Ridge Bank); Sponsor bank (Blue Ridge Bank); Accounting (QuickBooks Online).
Briq was founded by Bassem Hamdy and Ron Goldshmidt and is founded in 2018, headquartered in Santa Barbara, CA (Delaware corporation).
Briq has raised $51M+ in total (latest round: Series B extension, January 2024; valuation: $150M post-money (2024)).
Get a read on where your own stack stands against Briq and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.