Saudi's BRKZ closes $17M Series A for its construction tech platform

Saudi's BRKZ closes $17M Series A for its construction tech platform

Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal

BRKZ secures USD $17 million to enhance Saudi expansion

BRKZ has secured USD $17 million in Series A funding to enhance construction procurement in Saudi Arabia, raising total funds to USD $22.5 million.

BRKZ Closes $17M Series A

While the MENA region drives forward with $3 trillion in infrastructure and building projects, construction companies face a critical challenge: fragmented supply chains and inefficient procurement processes that delay projects and inflate costs. Today, BRKZ announced it has completed its Series A funding at $17M, bringing total funding to $22.5M, to scale its technology platform that’s revolutionizing how contractors source and purchase buildin…

BLK ALERTS - Saudi’s BRKZ closes $17M Series A for its construction tech platform

Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal with delayed payments. In Saudi Arabia, where trillion-dollar infrastructure and real estate projects are underway, these inefficiencies are even more pronounced. To address this, BRKZ, a Riyadh-based construction tech startup, offers a tech-enabled managed marketplace that […] © 2024 TechCrun…

BRKZ closes $17M Series A to transform construction procurement as Saudi Arabia's $3T project pipeline accelerates

BRKZ, a leading B2B managed marketplace for construction materials with embedded financing, has successfully closed its Series A funding to meet the growing demand for efficient construction procurement and financing in Saudi Arabia.