Today, we're thrilled to announce that Brico has raised $13.5 million in Series A funding, Pre-empted by Flourish Ventures with participation from Restive Ventures and Pear VC — all existing investors of Brico. What makes this milestone even more special is that we’ve achieved it, having barely touched our previously raised $8.1M — a reflection of strong traction and customer trust.
But before we talk about what's next, we want to share why we started Brico in the first place.
The Problem We're Solving
For decades, launching a new financial product meant facing an impossible choice: spend millions on licensing consultants and law firms, or partner with a third party and lose all control over your product and marketing destiny.
We saw brilliant teams with innovative ideas forced to abandon their vision because they couldn't navigate the maze of state-by-state regulations. We watched compliance teams burn out from hundreds of hours of manual paperwork, deadline tracking, and form filling. And we saw companies pay devastating penalties for non-compliance, not because they didn't care, but because the tools to help them simply didn't exist.
This wasn't just inefficient. It was unfair. The companies best positioned to innovate in financial services were being locked out before they could even begin.
Why Brico Exists
We founded Brico in 2023 with a simple belief: licensing shouldn't be a gatekeeper. It should be a growth enabler.
Every fintech company, regardless of size or funding, deserves the ability to launch their product, stay compliant, and focus on what they do best. Compliance teams shouldn't spend 75% of their time and dread the tedious paperwork when they could be driving strategic value.
The licensing process shouldn't be soul-crushing and joyless. It should be something teams feel confident about, maybe even proud of.
That's the world we're building at Brico.
What We've Built
Brico’s intelligent platform automates the entire licensing lifecycle, from initial applications to ongoing maintenance. By pairing AI-powered automation with expert human oversight, we help companies complete applications five times faster, cut licensing costs by up to 90%, and give compliance teams back three-quarters of their time.
But speed and cost savings are just the beginning. We've built a real-time regulatory intelligence engine that monitors requirements across all 50 states, automatically flagging changes and creating a single source of truth for compliance operations. No more guesswork. No more scrambling to track down deadlines. Just clarity and confidence.
Since launch, we've been trusted by industry leaders like Marqeta, Better Mortgage, Bilt, BitGo, and Tilt to manage complex, multi-state licensing portfolios spanning everything from money transmitter licenses and California lender licenses to the notoriously difficult New York BitLicense.
The results speak for themselves: we've achieved 600% year-over-year growth in 2025 and earned recognition as one of Forbes' Top 50 FinTechs of 2025.
What This Funding Means
This Series A enables us to accelerate everything we've been working toward. We're expanding our license coverage, launching predictive compliance tools, and building licensing agents that will make the process even more intelligent and intuitive. We're also doubling our team over the next year to meet the incredible demand we're seeing from companies who are tired of the old way of doing things.
But more than anything, this funding validates what we've believed from day one: compliance doesn't have to be painful. With the right tools, the right expertise, and the right approach, we can transform licensing from a dreaded obligation into a strategic advantage.
A Note of Gratitude
None of this would be possible without our customers, who took a chance on us when we were just getting started. To the compliance teams who've partnered with us, shared feedback, and helped us build something truly useful—thank you. You inspire us every day.
And to our investors, thank you for believing in our vision and supporting us as we redefine what financial licensing can be.
What's Next
We're just getting started. Our goal isn't just to make licensing easier—it's to build the regulatory operating system that every regulated company runs on. A platform that brings peace of mind, eliminates busywork, and yes, even brings a little joy to licensing work.
Because at the end of the day, we believe that the best innovations shouldn't be held back by outdated processes. And the teams working hard to keep their companies compliant deserve tools that actually help them succeed.
Here's to making licensing accessible, affordable, and even joyful for everyone.
If you are struggling with licensing or thinking about getting MTLs, Lending, Mortgage, EWA — reach out to us at sales@brico.ai.
