The Venture Codex Logo

The Venture Codex

Briskly

Andropov Avenue 18, building 7, office 8/2, Moscow, Moscow City, 115432, Russian Federation

Overview

Briskly builds software for unattended retail and manufactures self‑service store equipment at its own factory in Vyborg. Its core offering includes the B‑Pay app for customers to scan barcodes and pay via smartphone plus smart refrigerators and micro‑markets that replace vending machines. The company has produced more than 15,000 pieces of smart equipment and serves over 3,000 entrepreneurs across Russia, Kazakhstan and Belarus. On the B‑Pay platform customers have completed over 8 million purchases totaling about ₽1.5 billion. In 2023 Briskly reported revenue of ₽231.8 million (a 4.4x increase year‑over‑year) and a net profit of ₽325.7 million after a 2022 loss. The company plans to use new funds to launch serial production of coffee machines, expand equipment types, and accelerate technology development and market growth. In late 2023 Briskly restructured from a Cyprus head company and fully relocated to Russia, signaling focus on the domestic and CIS markets.

Total raised
$8M
Funding rounds
1
Latest round
Equity
Latest activity
Sep 2024

Industries

  • Apps
  • Consumer Goods
Visit website

Recent funding

  1. Equity

    Sep 2024

    $8M

Team