Construction material marketplace, Brkz, secures additional $9 million in funding, aiming to reach $17 million in total for its Series A round in Saudi Arabia.
In a significant move for the Saudi Arabian construction industry, Riyadh-based startup Brkz has raised $17 million in Series A funding, bringing its total funding to $22.5 million. This investment will accelerate Brkz's growth and expansion plans.
Brkz operates a B2B marketplace that digitizes construction procurement, streamlining the procurement and exchange of building materials through web, mobile app, and WhatsApp platforms. The company also offers financial solutions tailored for contractors and factories.
Backed by prominent regional and global venture capitalists, Brkz is recognised as Saudi Arabia's fastest-growing construction-tech startup. Since raising its Series A1, the company has grown its revenue fourfold during 2024.
The infusion of funds indicates Brkz's ambitions to scale operations regionally within Saudi Arabia and potentially beyond. The platform facilitates cross-border trading and financial services embedded in its marketplace.
Ibrahim Manna, Founder and CEO of Brkz, plans to use the funding to double down on tech development, enhance the Buy Now Pay Later (BNPL) offering, and expand into cross-border trading.
Brkz's platform connects contractors with suppliers, offering over 7,000 SKUs from more than 1,100 local suppliers. The platform has processed $350 million (SAR 1.3 billion) in RFQs and expanded its delivery network to over 40 cities across Saudi Arabia.
Dany Farha, co-founder and managing partner at BECO Capital, sees potential in Brkz due to its ability to optimize the construction industry in Saudi Arabia. The startup is currently serving more than 850 unique contractors and factories across major projects including King Salman Park, Neom, and Red Sea.
While specific detailed public announcements regarding geographic or product line expansions are limited, the available data strongly indicates growth and market consolidation strategies throughout 2025. Competitive quotes are available within 20 minutes on the Brkz platform, underscoring its commitment to efficiency and speed.
With these developments, Brkz is poised to revolutionize the construction industry in Saudi Arabia and beyond.
Technology will be a key focus for Brkz as they plan to double down on tech development with the raised funds. The startup's platform, which connects contractors with suppliers, operates through web, mobile app, and WhatsApp platforms, demonstrating the integration of technology in their digitization of construction procurement.
