BrickHunter Announces Closing Of $1.3 Million Seed Round

Thursday, September 6, 2018

Gig city’s BrickHunter, the technology company dedicated to bringing eCommerce to the brick and heavy building material industry, has announced Thursday their seed round has closed at $1.3 million. 

“Think of BrickHunter as a mix of The Home Depot and Amazon, but for bricks and heavy building materials. We created the digital platform to meet both consumers and sellers that are already buying other materials online, it just makes sense”, says founder Carson Combs. 

The financing was led by Butler Snow Advisory out of Ridgeland, Ms. The investment was made by KMA, LLC and an angel investor from the software industry. BrickHunter has been developing a technology platform that provides manufacturing plants and distributors of construction materials a marketplace to sell product and reach the entire country instead of just their limited shipping or distribution area. With the growth in logistics support and the BrickHunter technology, they believe connecting the entire country is now possible.

BrickHunter will be releasing the new marketplace platform in the fourth quarter of 2018. In addition, their SAAS (software as a service) operating system will allow the manufacturer and distributor to, at a fraction of the cost, utilize a bespoke cloud based platform developed to run their organizations in a real time way while increasing data and decreasing inefficiencies. 

Kelli Cook of KMA, LLC was quoted on the investment, “We are truly excited to be a part of BrickHunter’s goal of bringing eCommerce and tech to the construction industry. With U.S. construction spending over one trillion dollars a year we are pleased to be part of the company as it scales to serve this sector.”

Proceeds of the financing will be used for advertising, support of growth and expanding the leadership team. In addition, further development of the company’s platform and offerings will be made to align with BrickHunter’s overall growth strategy.

"Home Depot has seen growth of over 20 percent in one specific sector, eCommerce. The team at BrickHunter is in tune with that and is meeting the customer where they shop, on their smartphone. I’m proud to be a part of building something so important to the infrastructure of the country. We’re ultimately helping America build its future,” said Nick Coughlin, Butler Snow advisory director.

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