Bridgit, Giatec named among top-growing companies
Two construction-sector technology companies have cracked Canada’s Top Growing Companies list.
Bridgit, a construction-resource management software management based in Kitchener, and Giatech Scientific, a manufacturer of concrete-testing hardware and software based in Ottawa, were ranked 274 and 281 on the list, respectively.
"We are thrilled to be named one of Canada's fastest-growing companies," says Mallorie Brodie CEO of Bridgit, "In early 2019, we launched our second product, Bridgit Bench, a solution for streamlining construction resource planning. This has continued to propel our company's growth forward. The construction industry is undergoing major digital transformation, and we feel honoured to play a role in shaping the solutions they use in their businesses every day."
This is the second year in a row that Bridgit has been recognized on the list of the top growing companies in Canada. The list ranks Canadian companies on three-year revenue growth. Bridgit earned its spot with accelerated three-year growth of 135 percent; Giatec earned its with a three-year growth of 128 percent.
2020 has been a big year for Bridgit in particular. Earning a place on the Top Growing Companies list comes on the heels of raising a $9.4 million strategic investment led by Autodesk with support from EDC and existing investors BDC Capital's Women in Technology Venture Fund, Salesforce Ventures, Sands Capital Ventures, and StandUp Ventures.
Meanwhile, Giatech announced earlier this month that it has partnered with PCL Constructors to deploy its SmartRock concrete sensor technology in PCL’s Jobsite Insights smart construction risk-management platform.
"This partnership will make it easier than before for PCL projects to leverage the SmartRock wireless sensor technology in the monitoring of concrete curing and hardening helping project managers optimize schedules more efficiently", said Aali Alizadeh, CTO Giatec. "We are excited to partner with PCL a construction leader in North America and bring a full suite of smart technologies and AI-based solutions to the industry.”
Launched in 2019, Canada's Top Growing Companies editorial ranking celebrates entrepreneurial achievement by identifying and amplifying the success of growth-minded, independent businesses in Canada.
"The stories of Canada's Top Growing Companies are worth telling at any time, but are especially relevant in the wake of COVID-19 pandemic," says James Cowan, editor of Report on Business magazine. "As businesses work to rebuild the economy, their resilience and innovation make for essential reading."