BRKZ, a Riyadh, Saudi Arabia-based B2B managed marketplace for construction materials with embedded financing, raised $17M in Series A funding.
The round, which brought the total amount to $22.5M, included an $8M Series A2 round closed in January 2025, complemented by $1M in venture debt from Capifly, following the initial $8M Series A1 round from December 2023. All existing investors recommitted, including BECO Capital, Aramco’s Waed, 9900 Capital, Better Tomorrow Ventures, RZM Investment, Class 5 Global, MISY Ventures, Knollwood Investment Advisory, and Fluent Ventures.
The company intends to use the funds to scale its platform.
Founded in 2023 by CEO and Founder Ibrahim Manna, BRKZ is a B2B managed construction procurement marketplace connecting contractors with suppliers through a tech-enabled platform and providing access to thousands of SKUs, competitive pricing, and tailored financing solutions. Since launching its Series A1, BRKZ has grown revenue fourfold during 2024, now serving more than 850 unique contractors and factories across flagship projects like King Salman Park, Neom, and Red Sea. The company has expanded its delivery network to over 40 cities across Saudi Arabia, with offices in three major regions, while processing $350m (SAR 1.3 billion) in RFQs through its platform.
FinSMEs
10/02/2025