BRKZ
ActiveA B2B managed marketplace that digitizes construction-material procurement, connecting contractors and factories with suppliers for competitive quotes plus embedded financing.
BRKZ is a Riyadh-based Saudi contech startup operating a B2B marketplace offering contractors and factories access to 7,000+ SKUs from 1,100+ suppliers with quotes in ~20 minutes and buy-now-pay-later financing. Founded in 2023 by Ibrahim Manna (former Managing Director at Careem), it has raised over $22.5M in equity and debt to date, serves 850+ contractors across giga-projects including NEOM, King Salman Park and the Red Sea Project, and in April 2026 took an undisclosed strategic investment from SIC (the investment arm of the Saudi Industrial Development Fund) to expand into industrial supply-chain enablement.
Founders
Funding Rounds
Lead: Better Tomorrow Ventures
Investors: Better Tomorrow Ventures, Class 5 Global, Knollwood Investment Advisory, Plus VC, Saudi angel investors
Year 2023 (Crunchbase lists 2023-01-01, a placeholder). Never announced at the time; disclosed retrospectively with the Series A. TechCrunch's 2025 piece describes the $5.5M as 'pre-seed and seed rounds', so this may in fact be two rounds; no split is published, so recorded as one. Also: https://techcrunch.com/2025/02/09/saudis-brkz-closes-17m-series-a-for-its-construction-tech-platform/ https://www.crunchbase.com/funding_round/brkz-a3cf-seed--7b5f43aa Confidence: confirmed (round 13, TechCrunch).
Lead: Wa'ed Ventures
Investors: Wa'ed Ventures, 500 Global, BECO Capital, Anb Seed Fund
Co-led by Wa'ed Ventures and 500 Global. Headline '$31 million' = $13M Series B equity + $18M growth debt committed by Stride Ventures under the previously announced $30M facility; the debt portion is not recorded as a new round here. Also: https://www.becocapital.com/brkz-raises-31m-series-b-to-scale-ai-building-materials-procurement-in-the-gcc/ https://www.manilatimes.net/2026/09/14/tmt-newswire/globenewswire/brkz-secures-31-million-to-scale-ai-enabled-building-materials-procurement-across-saudi-arabia-and-the-gcc/2424286 Confidence: confirmed (round 13, BRKZ via GlobeNewswire).
Lead: Saudi Industrial Investment Company (SIC)
Investors: Saudi Industrial Investment Company (SIC)
Labelled "strategic" by the source. Strategic direct investment from SIC, the investment arm of the Saudi Industrial Development Fund; amount undisclosed. Referenced again in the company's September 2026 Series B release. Also: https://www.globenewswire.com/news-release/2026/09/14/3360818/0/en/brkz-secures-31-million-to-scale-ai-enabled-building-materials-procurement-across-saudi-arabia-and-the-gcc.html Confidence: confirmed (round 13, Wamda).
Lead: Stride Ventures
Investors: Stride Ventures
Growth-debt facility of 'up to $30 million' — a committed facility, not a fully drawn amount. $18M of it was committed/drawn alongside the September 2026 Series B (not counted again). Also: https://www.wamda.com/2025/10/saudi-arabia-brkz-lands-30-million-debt-stride-ventures https://tradearabia.com/News/329766/BRKZ-wins-new-$30m-finance-facility-to-enhance-its-payment-solutions Confidence: confirmed (round 13, BRKZ via Zawya).
Lead: Capifly
Investors: Capifly
$1M venture debt from Capifly, announced together with the Series A2 and counted by the company inside the $17M Series A total. Tracxn lists it as 'Venture Debt, Feb 10 2025'. Also: https://techcrunch.com/2025/02/09/saudis-brkz-closes-17m-series-a-for-its-construction-tech-platform/ https://tracxn.com/d/companies/brkz/__Pd4XmW8wmv8uO0Wnfk5V0g3YkE6JsCu4EGmy11ucOwg Confidence: confirmed (round 13, MENAbytes).
Lead: 9900
Investors: 9900, BECO Capital, Wa'ed Ventures, Knollwood Investment Advisory, RZM Investment, MISY Ventures
Co-led by 9900 and BECO Capital. B2B construction-materials marketplace founded 2022 by Ibrahim Manna. | Contech; total raised now $13.55 million. Founded 2022 by Ibrahim Manna. Date is the article date. Also: https://www.wamda.com/2024/03/brkz-secures-8-million-series-round Confidence: confirmed (round 13, Arab News).
Something here wrong?
Every figure on this page is meant to have a source behind it. If one doesn't match reality, tell us and we'll fix it.
Feedback about BRKZ