Toronto, October 28th / PRNewswire / -- Building Risk Intelligence Corporation Brickeye announced today that, with a 425% revenue growth from 2022 to 2025, it has been selected for Deloitte's 2026 50™ list, marking its second consecutive year as one of Canada's fastest-growing technology companies.

Water damage and concrete defects are among the most costly issues on construction sites, leading to rework, project delays, cost overruns, and insurance losses. As profit margins narrow and insurance costs rise, ownersdevelopers, general contractors, and insurance companies are increasingly planning for these risks during the early stages of construction, as that is when they are easiest to identify and budget for. The growth of Brickeye reflects this trend: the company reduces water-related risks and concrete-related risks throughout the entire process from early construction to project completion through its solutions.

Brickeye has delivered over 4,500 projects in more than 20 countries. In high-rise and multi-residential housing projects in North America, its full-risk water damage mitigation system can detect leaks, pipe bursts, and water seepage early on and automatically take control, thereby reducing the risk of costly water damage claims and protecting project profitability. In large-scale civil engineering projects around the world, as well as major transportation and energy infrastructure projects, its Lum token issuance n® technology can monitor large volumes of concrete, helping teams identify and mitigate risks before thermal cracks develop into defects. This includes large infrastructure projects in Saudi Arabia and the Middle East and North Africa regions, where Brickeye has established manufacturing centers and been operating for over five years.

Brickeye CEO Tim Angus stated: "For a long time, the construction industry has viewed water damage and concrete defects as part of operating costs. We have proven that these issues can be prevented. Our AI native software and proprietary hardware are capable of reducing risks, protecting profit margins, and improving quality, and insurance companies offer up to 50% deductible reductions due to these results. When customers see such returns, they bring us to their next projects, which is precisely what drives our growth and allows us to enter the Fast top 50 list in our second year."

Brickeye indicates that in 2027, the company will continue to invest in its AI native platform as well as its team of engineers and risk experts, and will continue to expand in the North American and international markets.

Deloitte's national Technology Fast co-head of 50 projects, Amanda Perran, stated: "This year's winners have demonstrated the results that can be achieved when vision, talent, and innovation are combined. They are tackling complex challenges, unlocking new opportunities, and driving growth in Canada's tech ecosystem. Their success inspires the next generation of entrepreneurs and helps to build a more connected, competitive, and innovative future for Canada."

Technology Fast Honors the 50 Canadian tech companies with the highest revenue growth over the past four years. Eligible companies must have their headquarters in Canada, have been in operation for at least four years, have generated at least $50,000 in revenue in 2022 and at least $5 million in revenue in 2025, possess proprietary technology, and invest at least 5% of their total revenue in research and development activities conducted in Canada. The winning companies will also automatically qualify to compete in Deloitte North America’s Technology Fast 500™ award.

Regarding Deloitte Technology Fast Project 50

The Technology Fast 50 award is one of the most influential technology awards in Canada. It recognizes business growth, innovation, and entrepreneurial spirit in three different categories: Technology Fast, Enterprise – Industry Leaders, and Companies-to-Watch. This award program also collaborates with North America's Technology Fast 500 program to honor the rapidly developing tech companies in the United States and Canada. Sponsors for the 2026 awards include RBCx, NRF, TMX, EDC, CCI, Lafond, and The Globe and Mail. For more information, please visit www.fast50.ca.

About Brickeye

Brickeye is a globally leading provider of building Internet of Things (IoT) and construction site risk mitigation technology services, trusted by top owners, developers, contractors, and insurance companies in over 20 countries. Brickeye is building the first AI native, IoT-supported intelligent building risk platform. By reducing project risks during the early construction phase, providing real-time alerts and automated risk control during construction, and offering actionable insights after construction, the company helps clients protect their project profit margins, ensure construction progress, and reduce insurance costs.

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