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Brico raises $13.5M in Series A funding led by Flourish Ventures, doubling down on its impressive 600% growth in the AI-driven regulatory automation space.

PRIVATEOct 23, 202511 months ago

Amount Raised

$13.5 Million

Round Type

Series A

San FranciscoFinancial ServicesSoftwareFinanceSaasFintech

Investors

Pear VCRestive VenturesFlourish Ventures

Description

Brico has closed a $13.5 million Series A funding round led by Flourish Ventures. The funding comes within a year after its seed round, reflecting strong investor confidence in the company's rapid growth. Brico specializes in automating the licensing process for financial institutions, greatly improving efficiency. The company achieved 600% year-over-year growth, establishing itself as a key player in regulatory technology.

Company Information

Company

Brico

Location

San Francisco, California, United States

About

Brico is a SaaS platform that automates the management of fintech and financial institution licenses. It simplifies the licensing process by providing tools for applying, maintaining license status, and ensuring compliance with regulatory requirements. The platform supports various financial licenses, including those for credit, money transmission, and mortgage loan origination. With the help of AI, Brico enhances the efficiency and accuracy of the application process.

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Related People

1 contact
Verified contactsSnigdha K., CEO and Co-founder hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Brico's next move

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Brico raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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