Construction marketplace Brkz in Saudi Arabia secures additional $9 million in investment, aiming to achieve $17 million in Series A funding round completion.
Saudi Arabia's Brkz Raises $17 Million in Series A Funding
Saudi Arabia-based construction technology startup Brkz has secured $17 million in its Series A funding round, positioning itself as a key player in the digital transformation of the country's construction industry.
The Series A funding round, co-led by venture capital firms 9900 and BECO, marks a significant investment in Brkz's business model and growth potential. The funding includes an $8 million Series A2 round closed in January 2025, an $8 million Series A1 round from December 2023, and $1 million in venture debt from Capifly.
Brkz, founded by Ibrahim Manna, offers a web platform, mobile apps, and WhatsApp integration to serve the construction sector. The platform connects contractors with suppliers, providing over 7,000 SKUs from more than 1,100 local suppliers.
Dany Farha, co-founder and managing partner at BECO Capital, believes in the potential of Brkz to optimize the construction industry in Saudi Arabia.
Since raising its Series A1, the company has grown its revenue fourfold during 2024. Brkz has also processed $350 million (SAR 1.3 billion) in RFQs and expanded its delivery network to over 40 cities across Saudi Arabia.
Manna aims to double down on tech development, enhance the Buy Now Pay Later (BNPL) offering, and expand into cross-border trading. The platform currently serves more than 850 unique contractors and factories across major projects including King Salman Park, Neom, and Red Sea.
Brkz operates a B2B marketplace that digitizes construction procurement, offering competitive quotes within 20 minutes. The startup's rapid expansion and technology development are supported by its backing from prominent regional and global venture capital funds, although specific details about the investor breakdown beyond 9900 and BECO or further growth metrics were not available.
The successful Series A funding and backing by leading VCs underscore Brkz's potential to revolutionize the construction industry in Saudi Arabia and beyond.
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[3] Brkz: The Fastest-Growing Construction-Tech Startup in Saudi Arabia. (n.d.). Retrieved from https://www.arabnews.com/node/1795581/business-economy
[4] Brkz: Connecting Contractors with Suppliers in Saudi Arabia's Construction Industry. (n.d.). Retrieved from https://www.techinasa.com/brkz-connecting-contractors-with-suppliers-in-saudi-arabias-construction-industry/
[5] Brkz Raises $8 Million to Digitise Construction Procurement in Saudi Arabia. (n.d.). Retrieved from https://www.arabianbusiness.com/construction/800929-brkz-raises-8-million-to-digitise-construction-procurement-in-saudi-arabia
- Brkz's Series A funding, primarily focused on technology development, will aid in optimizing the business model and expanding its offerings in the construction industry, including exploring cross-border trading and enhancing Buy Now Pay Later services.
- This successful Series A funding round, combined with partnerships from prominent venture capital firms, positions Brkz as a key player in the technology-driven transformation of the Saudi Arabian business sector, particularly in the construction industry.
