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- BRKZ Secures $17M Series A Funding to Revolutionize Construction Procurement in MENA
BRKZ Secures $17M Series A Funding to Revolutionize Construction Procurement in MENA
Slice of Construction Team
February 21, 2025
Key Highlights:
BRKZ raises $17M Series A, bringing total funding to $22.5M to scale its construction procurement platform.
Backed by BECO Capital, Aramco’s Waed, and other top investors, reaffirming confidence in BRKZ's impact.
Tech-enabled marketplace offers 7,000+ SKUs from 1,100+ suppliers, cutting procurement time with instant quotes.
Built-in financing solutions address cash flow challenges in construction projects.
Rapid growth: 4X revenue increase in 2024, serving 850+ contractors, processing $350M in RFQs.
Source: Globe Newswire
Notable Quotes:
“Traditional procurement in construction is highly fragmented and manual. This funding will help us double down on tech development, enhance BNPL offerings, and expand into cross-border trading.”
“Partnering with BRKZ has revolutionized how we connect with contractors and streamline our operations. Their innovative approach is setting a new standard for efficiency.”
“BRKZ has been a game-changer. Their advanced e-commerce platform makes it easy to manage orders and get automated updates.”
“The construction industry is foundational to Vision 2030 and is ripe for tech transformation. BRKZ’s financing solutions will complement its procurement platform to address cash flow challenges.”
Why This Matters:
With $3 trillion in construction projects underway in MENA, efficient procurement is more critical than ever. BRKZ’s tech-driven platform eliminates inefficiencies, cuts costs, and accelerates project timelines, making it a game-changer for contractors and suppliers. Its rapid expansion and investor confidence signal a major shift toward digital transformation in the industry, supporting Vision 2030 and fueling economic growth.