BRKZ Secures $17M Series A Funding to Revolutionize Construction Procurement in MENA
Slice of Construction Team
Feb 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
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.” ”
Ibrahim Manna, Founder & CEO at BRKZ
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.
