Saudi-Based BRKZ Secures $17M Series A to Modernise Construction

Saudi Arabia’s rapid infrastructure expansion, fuelled by $3 trillion in upcoming projects, is driving the need for smarter, more efficient procurement solutions. BRKZ, a Saudi-based B2B marketplace for construction materials with embedded financing, has closed a $17 million Series A round to accelerate its growth and meet this demand.

The funding, which includes a recent $8 million Series A2 round and $1 million in venture debt from Capifly, brings BRKZ’s total raised capital to $22.5 million. Investors such as BECO Capital, Aramco’s Waed, 9900 Capital, and Fluent Ventures reaffirmed their commitment, recognizing BRKZ’s impact on the construction sector.

Founded in 2023, BRKZ streamlines procurement by digitizing supplier networks and offering financing solutions that align with construction cash flow cycles. Contractors can source materials from over 1,100 suppliers, compare quotes within 20 minutes and secure flexible payment terms, eliminating costly delays.

Since its initial funding, BRKZ has quadrupled revenue, expanded into 40 Saudi cities, and facilitated procurement for major projects, including Neom and King Salman Park, gaining a growing customer base of 850 contractors and factories.

Looking ahead, BRKZ plans to scale operations across Saudi Arabia’s Northern and Southern regions while expanding its supplier network internationally, targeting key markets like China and India.