- The construction tech platform, BRKZ, raises $17 million in Series A funding to enhance procurement and financing in Saudi Arabia.
- The funding will enhance the platform’s technology, expand services, and grow the supplier network.
- BRKZ plans to continue its transformative role in Saudi Arabia’s growing construction sector.
BRKZ, a Saudi-based managed marketplace for construction materials, announced the closure of its $17 million Series A funding round. This brings its total funding to $22.5 million, enabling the company to continue addressing procurement inefficiencies in the construction industry.
In January 2025, the company secured an $8 million Series A2 round along with $1 million in venture debt from Capifly. This move followed an $8 million Series A1 round completed in December 2023. BECO Capital, Aramco’s Waed, and Better Tomorrow Ventures led this funding.
BRKZ Digitizes Procurement Processes
BRKZ was founded in 2023 by serial entrepreneur Ibrahim Manna to address challenges associated with traditional procurement processes in construction. Traditional procurement often necessitates that contractors manage multiple suppliers and face delayed payments.
The platform digitizes procurement processes and provides over 7,000 SKUs from approximately 1,100 local suppliers. These services save time and lower costs, allowing contractors to receive competitive quotes within 20 minutes.
A notable feature of BRKZ is its integrated financing solution, which aligns with the cash flow cycles of construction projects.
Rapid Growth
BRKZ is expanding its influence, serving approximately 850 contractors and factories across significant projects, including Neom. The company has broadened its delivery network to 40 cities throughout KSA, processing $350 million in requests for quotes.
In 2025, BRKZ intends to establish offices in Saudi Arabia’s Northern and Southern regions and expand its supplier network to international markets, especially China and India.
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