BRKZ raises $8M to expand construction tech solutions across Saudi Arabia

Saudi Arabia-based construction technology startup BRKZ has raised $8 million in a Series A funding round to transform the construction industry.

The round was co-led by 9900 and BECO Capital, with contributions from Aramco’s Wa’ed Ventures, Knollwood Investment Advisory, RZM Investment, and MISY Ventures. The funding boost aims to propel BRKZ's growth and expand its innovative procurement solutions across Saudi Arabia and internationally.

Revolutionizing construction procurement

Founded in 2022 by Ibrahim Manna, BRKZ leverages technology to streamline procurement processes. The platform offers access to a vast range of suppliers and materials, along with multiple delivery and payment options tailored to the specific needs of construction businesses.

BRKZ's unique approach, which includes a simplified Request for Quotes (RFQ) process via WhatsApp or their website, ensures a personalized and efficient procurement experience for buyers.

Empowering suppliers and buyers alike

BRKZ's supplier portal allows suppliers to customize prices based on various factors, enhancing their ability to meet the diverse needs of construction professionals. To date, the platform has facilitated over $170 million in quotations across nearly 1,200 products from more than 350 suppliers, It said.

Deepening market penetration

With the new funding, BRKZ plans to deepen its market penetration and enhance its product offerings. A significant portion of the investment will be allocated towards expanding the company’s operations, strengthening its team, and investing in research and development. 

It also aims to extend its reach beyond Saudi Arabia to capitalize on the growing demand for digital solutions in the global construction sector.