Saudi Arabia-based construction technology startup Brkz has raised $17 million in its Series A funding round, which includes an $8 million Series A2 round closed in January 2025, $1 million in venture debt from Capifly, and an earlier $8 million Series A1 round from December 2023. The investment brings Brkz’s total funding to $22.5 million.
The round saw participation from existing investors including BECO Capital, Aramco’s Waed, 9900 Capital, Better Tomorrow Ventures, RZM Investment, Class 5 Global, MISY Ventures, Knollwood Investment Advisory, and Fluent Ventures.
Founded in 2023 by Ibrahim Manna, former Managing Director at Careem, Brkz operates a B2B marketplace that digitizes construction procurement. The platform connects contractors with suppliers, offering over 7,000 SKUs from more than 1,100 local suppliers, with competitive quotes available within 20 minutes.
Since raising its Series A1, the company has grown its revenue fourfold during 2024 and now serves more than 850 unique contractors and factories across major projects including King Salman Park, Neom, and Red Sea. The platform has processed $350 million (SAR 1.3 billion) in RFQs and expanded its delivery network to over 40 cities across Saudi Arabia.
Ibrahim Manna, Founder and CEO of Brkz , said, “Traditional procurement in construction is highly fragmented and manual, often requiring contractors to juggle multiple suppliers, long negotiations, and delayed payments. This funding will help us double down on tech development, enhance our BNPL offering aligned with construction cash flow cycles, and expand into cross-border trading.”
Dany Farha, co-founder and managing partner at BECO Capital, commented, “The construction industry is foundational to the Kingdom’s Vision 2030 and is ripe for technology and organisational optimization. The Brkz team has executed its product and operational roadmap to drive efficiencies in this rapidly scaling sector, and we’re excited to continue supporting them in their next chapter.”
“Brkz’s financing product will complement their digitised procurement platform and address customer cash flow challenges. Having known Ibrahim and the team for years, we’ve seen firsthand their agility, prudence, and unique skill set that enable them to fulfil their promise of digitising this industry,” he added.
The startup plans to establish offices in Saudi Arabia’s Northern and Southern regions during 2025 while expanding its supplier network into global markets, with a focus on China and India. The company currently operates offices in three major regions of Saudi Arabia.
- Saudi’s Orbii raises $3.6 million in Prosus-led seed to help banks and fintechs launch SME lending - September 8, 2025
- Egypt’s TradeHub shuts down, returns remaining capital to investors after failing to achieve product-market fit - September 7, 2025
- Dubai’s WheelsOn raises $12.5 million in debt and equity for its deposit-free car rental platform - September 7, 2025
