Saudi Arabia-based construction technology startup BRKZ has secured $31 million in new capital as it looks to transform how contractors and businesses source, price and procure building materials across the region.
The funding comprises a $13 million Series B equity round, co-led by Wa’ed Ventures and 500 Global, with participation from BECO Capital and ANB Capital, alongside an $18 million growth debt commitment from Stride Ventures. The debt is part of BRKZ’s previously announced $30 million venture debt facility, rather than a separate new facility.
With the latest financing, BRKZ has raised more than $70 million in total equity and debt since its founding.
Digitizing a Fragmented Construction Supply Chain
Founded in 2022 by Ibrahim Manna and headquartered in Riyadh, BRKZ is building an AI-enabled procurement platform for the construction industry.
The company connects contractors and businesses with local and international suppliers of building materials and raw materials, while bringing sourcing, pricing, quality assurance, logistics and flexible payment solutions into a single procurement relationship.
The opportunity is significant. Building materials represent a substantial portion of construction project costs, yet procurement remains highly fragmented, often relying on manual sourcing, negotiations and disconnected logistics processes.
BRKZ is attempting to replace that fragmented workflow with a technology-driven procurement layer that can coordinate suppliers, prices and fulfillment at scale.
From Procurement Platform to AI Infrastructure
BRKZ has spent the past three years building a proprietary dataset containing approximately 38 million structured data points across more than 13,000 product records and 2,100 supplier profiles.
That data now powers the company’s AI pricing engine, which has been trained on approximately 40,000 requests for quotations (RFQs). The system predicts buy and sell prices and recommends relevant suppliers for individual orders.
According to BRKZ, between 84% and 89% of its predictions fall within 5% of the final transacted price. The technology has reduced what was traditionally a manual pricing process to a near-instant workflow, while procurement teams retain final oversight.
The company is also deploying AI agents across its operations.
One example is Nusa, BRKZ’s delivery agent, which processes bulk-cement deliveries by reading delivery-note photographs sent by transporters over WhatsApp, matching them with orders, verifying quantities and closing completed deliveries. Approximately three-quarters of delivery notes are now processed without manual intervention, with employees handling exceptions.
Scaling a Growing Construction Network
BRKZ says it now serves more than 1,500 contracting companies and 150 building-material factories, supported by approximately 2,100 local and international suppliers.
Since inception, the company has sold more than $133 million worth of raw, local and imported building materials and processed more than $1.37 billion in RFQs through its platform.
The business is also experiencing rapid growth. BRKZ expects its revenue to triple in 2026, following 2.5x year-on-year growth in 2025.
That growth has come despite significant geopolitical and supply-chain disruptions across the Middle East, highlighting the importance of reliable sourcing and fulfillment for construction companies operating in complex markets.
Building Cross-Border Supply Corridors
The new funding will allow BRKZ to go deeper into the construction supply chain rather than simply acting as a digital marketplace.
The company plans to expand its AI-powered quotation, pricing and fulfillment capabilities, deepen vertical integration from raw-material sourcing through last-mile delivery, and scale embedded financing and flexible payment solutions for its network.
It also plans to expand cross-border sourcing and trading, including direct supply corridors with China, India and other major manufacturing markets.
For Saudi Arabia, this strategy aligns with the broader push to strengthen industrial capacity and create more efficient supply chains as the Kingdom undertakes some of the world’s largest construction and infrastructure projects.
BRKZ already supplies contractors and businesses involved in developments including The Red Sea Project, Diriyah, Qiddiya, ROSHN and King Salman Park.
Backing Saudi Arabia’s Construction Technology Ambition
The Series B was co-led by Wa’ed Ventures, the venture capital arm of Aramco, and 500 Global, with participation from BECO Capital and ANB Capital. Stride Ventures provided the $18 million growth debt commitment under its existing facility.
Earlier in 2026, BRKZ also received an undisclosed strategic investment from SIC, the investment arm of the Saudi Industrial Development Fund, further strengthening its position within Saudi Arabia’s industrial and construction technology ecosystem.
BRKZ’s Series B remains open to additional strategic investors.
For founder and CEO Ibrahim Manna, the company’s next chapter is about making the infrastructure it has spent years building significantly smarter.
The company now has the supply network, transaction history and proprietary data to move beyond digitizing procurement toward AI-powered decision-making, financing and fulfillment.
If BRKZ succeeds, the long-term opportunity is not simply to become a better way to buy construction materials. It is to build the digital infrastructure connecting contractors, factories, suppliers, financiers and logistics providers across one of the world’s most ambitious construction markets.
