B

Brickeye

AI-driven construction risk monitoring sensors

Overview

Brickeye provides construction risk management through AI-driven insights and real-time alerts by installing and managing sensor systems that monitor environmental, water, and building interior risks. The sensors collect data onsite and send it to Brickeye’s monitoring services, which analyze it to generate actionable alerts so clients can make informed decisions and prevent costly issues. The product works via sensor installation, continuous data collection, and automated AI-powered analysis that delivers real-time alerts to General Contractors, Developers, and Property Managers. Brickeye differentiates itself by offering an integrated solution focused specifically on construction sites, combining sensor networks with ongoing monitoring and alerting to improve site safety and operational efficiency. The company’s goal is to help clients prevent incidents, reduce risk, and maintain safer, more efficient projects through timely data and alerts.

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About Brickeye

Simplify's Rating
Why Brickeye is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsHardwareEnterprise SoftwareAI & Machine Learning

Company Size

11-50

Company Stage

Series B

Total Funding

$10.8M

Headquarters

Toronto, Canada

Founded

2019

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What believers are saying

  • October 2026 Deloitte Fast 50 recognition validates 425% revenue growth since 2022.
  • June 2026 Shepherd partnership monetizes jobsite data through premium credits and deductibles.
  • November 2026 Terracon expansion opens heavy civil, infrastructure, and federal project demand.

What critics are saying

  • A 79-person team cannot support 4,500 projects without service failures by 2027.
  • Heavy concentration in construction leaves Brickeye exposed to project delays and procurement freezes.
  • If Terracon or insurers internalize monitoring, Brickeye loses pricing power and relevance.

What makes Brickeye unique

  • November 2026 Terracon deal embeds Brickeye into mass-concrete engineering workflows.
  • Brickeye combines water mitigation, concrete monitoring, and insurer data in one platform.
  • COMMAND Center acquisition gave Brickeye the largest U.S. concrete intelligence database.

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Funding

Total Funding

$10.8M

Below

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
$45M
$65M
$100M

Growth & Insights and Company News

6 month growth

6%

1 year growth

4%

2 year growth

2%
Benzinga
Nov 10th, 2026
Terracon and Brickeye form strategic partnership to de-risk mass concrete across the U.S.

Terracon and Brickeye form strategic partnership to de-risk mass concrete across the U.S. Partnership combines one of the nation's leading engineering and materials testing firms with proven in-place concrete monitoring AUSTIN, Texas, Nov. 10, 2026 /PRNewswire/ - Terracon, one of the nation's leading geotechnical engineering and materials testing firms, and Brickeye, the construction risk intelligence company behind LumiCon(R), announced a strategic partnership to change how mass concrete risk is managed on U.S. projects. Together, the companies will offer project teams technical assurance on concrete from preconstruction risk assessment through the final pour and reporting. The partnership pairs Terracon's engineering consulting and field-testing expertise with Brickeye's LumiCon monitoring services. Terracon has more than 140 accredited laboratories, operated by one of the country's largest workforces of materials professionals and technicians. Brickeye's expertise includes real-time monitoring of more than 100,000 concrete pours across 4,500+ projects. Mass concrete presents some of the most difficult-to-detect thermal risks in construction. On large placements, including bridges and dams as well as major transportation and energy infrastructure, temperature differentials can crack an element from the inside long before anything that may show on the surface. That damage can lead to costly rework, delays, litigation, and insurance claims. Yet risk assessment, testing, and monitoring are still often handled by separate providers working from separate data. Terracon and Brickeye will deliver one integrated package that combines engineering consulting, materials testing, and continuous in-place concrete monitoring. The two companies will also build new preconstruction concrete de-risking offerings spanning software, construction insurance technology, and engineering services, ultimately reducing risk and delivering better project outcomes. "The insight from decades of real-world concrete monitoring data, backed by Terracon's engineering expertise and consulting leadership, will continue to advance our concrete de-risking software and intelligence solutions," said Tim Angus, CEO of Brickeye. Through this agreement, Brickeye has also acquired COMMAND Center(TM), Terracon's concrete temperature and maturity system. Welcoming COMMAND Center into the Brickeye portfolio expands one of the most robust concrete sensing and software platforms in the global construction industry. Combining decades of domain expertise, this move establishes the largest historical database of completed projects of any concrete intelligence company in the U.S. LumiCon and COMMAND Center will also expand U.S. manufacturing of advanced concrete monitoring products to support federal and national heavy civil and infrastructure projects. The combined deployment includes more than 750,000 sensors in all 50 states and more than 25 countries, representing millions of unique data points and the richest set of embedded concrete performance data in the world, according to Angus. "Terracon's partnership with Brickeye represents a strategic relationship that will provide U.S. clients with comprehensive concrete consulting, data, and effective tools to add greater certainty and validate concrete quality during preconstruction," said Gayle Packer, chair, president and CEO of Terracon. "We're excited to continue advancing solutions for our industry clients and partners." COMMAND Center joins Brickeye COMMAND Center was originally developed in 2003 for the Federal Highway Administration (FHWA) and the Federal Aviation Administration (FAA). It has since been used on thousands of projects, placing more than 560,000 sensors in concrete across highways, bridges, airfields, and other structures in more than 24 countries. Customers now have the backing of Brickeye's global team, including software development and customer support, for faster product updates and more field support. COMMAND Center sensors are built in the U.S., giving Brickeye an American-made product line and a domestic manufacturing base for LumiCon products. "Our customers will reach the same people, at the same number, and get the same best-in-class service and technical support they've come to rely on. What changes is what we can now do for them. Joining forces with Brickeye unlocks a comprehensive suite of concrete technology services, reinforcing the value we deliver for our long-standing customers," said Matt Pittman, Director of Business Operations, COMMAND Center. About Brickeye Brickeye is a leader in construction IoT and job site risk mitigation, trusted by top-tier owners, developers, contractors, and insurers in more than 20 countries. Its real-time alerts, automated risk controls, and post-construction insights help clients protect project margins, keep schedules on track, and reduce insurance costs. Learn more at brickeye.com. About Terracon Terracon is an employee-owned, multidiscipline consulting firm of more than 8,000 curious minds focused on solving engineering and technical challenges from more than 200 locations nationwide. Explore with us by visiting terracon.com. About COMMAND Center Based in Austin, Texas, COMMAND Center is an established temperature monitoring system for early-age concrete, used for thermal control in mass placements, cold weather concreting, and strength estimation. Learn more at commandcenterconcrete.com. Media Contact Alena Sheina, Director of Marketing, Brickeye 608-217-6113 [email protected] SOURCE Brickeye Congress Just Filed Dozens of Trades - Most Investors Won't See Them in Time. While retail investors react to the market, lawmakers are already positioning into specific stocks. Benzinga Edge surfaces every move the moment they're public so you can see where money is actually going.

PR Newswire
Oct 28th, 2026
Brickeye makes Deloitte's Technology Fast 50 again with 425% revenue growth

Brickeye, a Toronto construction risk intelligence company, has made Deloitte's 2026 Technology Fast 50 list for a second year in a row. It reported revenue growth of 425% from 2022 to 2025. The company has delivered more than 4,500 projects in over 20 countries. Its software and hardware detect water leaks early and monitor mass concrete to catch thermal cracking before it becomes a defect. Chief executive officer Tim Angus said insurers are rewarding the results with deductible reductions of up to 50%. In 2027, Brickeye plans to keep investing in its AI-native platform and its team as it expands across North America and internationally.

Vialynx Inc
Oct 28th, 2026
Brickeye ranks on Deloitte's 2026 Technology Fast 50(TM) list for a second consecutive year.

Brickeye ranks on Deloitte's 2026 Technology Fast 50(TM) list for a second consecutive year. Business · OCT 28, 2026 PR Newswire Revenue growth of 425% from 2022 to 2025 comes as Brickeye expands across North America and global markets TORONTO, Oct. 28, 2026 /PRNewswire/ - Brickeye... Revenue growth of 425% from 2022 to 2025 comes as Brickeye expands across North America and global markets TORONTO, Oct. 28, 2026 /PRNewswire/ - Brickeye, a construction risk intelligence company, today announced its inclusion on Deloitte's 2026 Technology Fast 50(TM) list with 425% revenue growth from 2022 to 2025, marking its second consecutive year among Canada's fastest-growing technology companies. Water damage and concrete defects are among the costliest problems on a job site, driving rework, schedule delays, cost overruns, and insurance losses. As margins tighten and insurance costs climb, owner/developers, general contractors and insurers are increasingly planning for those risks in preconstruction, when exposure is easiest to scope and budget. Brickeye's growth reflects that shift: it de-risks water exposures and concrete scope from preconstruction through completion. Brickeye has delivered more than 4,500 projects in over 20 countries. On high-rise and multifamily projects across North America, its all-risk water mitigation detects leaks, bursts and water intrusion early and contains them automatically, reducing the risk of costly water damage claims and protecting project margins. On heavy civil and major transportation and energy infrastructure projects worldwide, its LumiCon(R) technology monitors mass concrete, helping teams identify and mitigate thermal cracking before it becomes a defect. That includes large-scale infrastructure in Saudi Arabia and the MENA region, where Brickeye has set up a manufacturing hub and worked for over five years. "Construction has long accepted water damage and concrete defects as the cost of doing business. We've proven they're preventable. Our AI-native software and proprietary hardware reduce risk, protect margins and improve quality, and insurers are rewarding those results with deductible reductions of up to 50%. When customers see that kind of return, they bring us to their next project, and that's what has driven our growth and earned us a second year on the Fast 50," said Tim Angus, CEO of Brickeye. In 2027, Brickeye will continue to invest in its AI-native platform and its team of engineers and risk experts as it grows across North America and international markets. "This year's winners demonstrate what is possible when vision, talent, and innovation come together. They are tackling complex challenges, unlocking new opportunities, and fueling growth across Canada's technology ecosystem," said Amanda Perran, National Technology Fast 50 Program Co-Leader. "Their success is inspiring the next generation of entrepreneurs and helping to build a more connected, competitive, and innovative future for Canada." The Technology Fast 50 program recognizes the 50 Canadian technology companies with the highest revenue growth over the past four years. Qualifying companies must be headquartered in Canada, have been in business for at least four years, have a minimum revenue of $50,000 in 2022 and $5 million in 2025, own proprietary technology and invest at least 5% of gross revenues in research and development conducted in Canada. Winners are also automatically eligible for the Deloitte North American Technology Fast 500(TM). About the Deloitte Technology Fast 50 program The Technology Fast 50 program is Canada's pre-eminent technology awards program. It recognizes business growth, innovation, and entrepreneurship in three distinct categories: Technology Fast 50, Enterprise - Industry Leaders, and Companies-to-Watch. The program also recognizes thriving technology companies in the United States and Canada in partnership with the North American Technology Fast 500 program. Program sponsors for 2026 include RBCx, NRF, TMX, EDC, CCI, Lafond, and The Globe and Mail. For more information, visit www.fast50.ca. About Brickeye Brickeye is a global leader in construction IoT and job site risk mitigation technology services, trusted by top-tier owners, developers, contractors, and insurers across 20+ countries. Brickeye is building the first AI-native IoT-enabled construction risk intelligence platform. The company helps clients protect project margins, keep construction schedules on track, and reduce insurance costs by de-risking projects in preconstruction, delivering real-time alerts and automated risk controls during construction, and providing actionable insights post-construction. Learn more at brickeye.com. SOURCE Brickeye Published by News Desk · WeeklyReviewer The WeeklyReviewer news desk monitors breaking developments around the clock - sourcing, verifying, and publishing real-time industry news across business, technology, politics, science, sports, and world affairs. Every story that comes through the Live Wire is reviewed for accuracy before publication, keeping our readers ahead of the curve without the noise.

PR Newswire
Sep 29th, 2026
Brickeye ranks 66th on Globe and Mail's fastest-growing companies list with 425% revenue growth

Brickeye, a construction risk intelligence company, ranked 66th on The Globe and Mail's 2026 Canada's Top Growing Companies list with 425% three-year revenue growth. The Toronto-based firm previously appeared on the list in 2023 with 159% growth. The company focuses on construction risk intelligence for water and concrete, two major cost drivers on job sites. Brickeye helps clients identify and price risks before construction begins, then provides protection throughout the building process and after occupancy. The approach has helped cut water loss deductibles by up to 50%. Brickeye has worked on over 4,500 projects across 20 countries. Its services extend across North America, with infrastructure projects including a five-year partnership in Saudi Arabia.

Yahoo Finance
Sep 29th, 2026
Brickeye ranks No. 66 on The Globe and Mail's 2026 Canada's Top Growing Companies list.

Brickeye ranks No. 66 on The Globe and Mail's 2026 Canada's Top Growing Companies list. Three-year revenue growth of 425% reflects Brickeye's evolution into a construction risk intelligence company and its expansion across North America and global infrastructure markets TORONTO, Sept. 29, 2026 /PRNewswire/ - Brickeye, a construction risk intelligence company, ranked No. 66 of 375 on The Globe and Mail's 2026 Report on Business list of Canada's Top Growing Companies with 425% three-year revenue growth, a sign that builders are investing to protect project economics. Brickeye first made the list in 2023 with 159% growth. The Globe Mail ranking reflects rising demand for construction risk intelligence across water and concrete, two of the costliest risks on a job site. Tighter margins and higher insurance costs make every leak, defect, delay and claim more expensive, and project teams now want to scope and price those risks before construction begins. Brickeye meets that demand by taking a novel approach to de-risking projects in preconstruction and carrying that protection through construction and after occupancy, helping clients avoid rework and delays and cut water loss deductibles by up to 50%. Driven by cutting-edge technology and engineering, Brickeye has delivered fewer delays, less rework and lower deductibles for more than 4,500 projects in over 20 countries. Its water deployments continue to expand across North America, and its concrete work reaches large-scale infrastructure projects worldwide, including five years of partnership in Saudi Arabia. Owners and developers increasingly rely on Brickeye to protect their investments, contractors to stay on budget and on schedule, and insurers to underwrite risk with confidence. This recognition marks the latest milestone for Brickeye as the company continues to invest in its technology, strengthen its team of renowned experts and expand across North American and international markets. "Every project we protect strengthens the case that upfront risk intelligence delivers measurable returns for owners, contractors and insurers. As evidence builds, risk intelligence will continue to shape how the industry de-risks, insures, and protects construction. Over the next year, we will bring that capability to more projects worldwide and help set a new standard for how risk on construction projects is optimized in pre-construction and managed in the field," said Tim Angus, CEO of Brickeye. About Brickeye Brickeye is a global leader in construction IoT and job site risk mitigation technology services, trusted by top-tier owners, developers, contractors, and insurers across 20+ countries. Brickeye is building the first AI-native IoT-enabled construction risk intelligence platform. The company helps clients protect project margins, keep construction schedules on track, and reduce insurance costs by de-risking projects in preconstruction, delivering real-time alerts and automated risk controls during construction, and providing actionable insights post-construction. Learn more at brickeye.com.

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