BRKZ Raises $31M Series B
BRKZ raises $31 million in Series B funding led by Wa'ed Ventures and 500 Global to expand its AI-powered building materials procurement platform.
BRKZ Raises $31M Series B
BRKZ, based in Riyadh, Saudi Arabia, is an AI-enabled building materials procurement platform that has secured $31 million in new capital to scale its operations. The funding consists of a $13 million Series B equity round and $18 million in growth debt, bringing the company's total funding to over $70 million.
Investors
The Series B equity round was co-led by Wa'ed Ventures, the venture capital arm of Aramco, and 500 Global, with additional participation from BECO Capital and Anb Seed Fund. The $18 million growth debt was provided by Stride Ventures.
BRKZ Use of Funds
BRKZ plans to use the capital to advance its AI capabilities across quotation, pricing, and fulfillment. The funds will also support deepening vertical integration across the supply chain, from raw material sourcing to last-mile delivery, and scaling cross-border sourcing and trading corridors with markets including China and India.
About BRKZ
Founded in 2022 by CEO Ibrahim Manna, BRKZ is headquartered in Riyadh. The company provides a procurement platform that connects contractors and factories with thousands of suppliers, utilizing proprietary data and AI-driven engines to digitize the construction materials supply chain.
Funding Details
Company Website: https://brkz.com
Company: BRKZ
Raised: $31M
Round: Series B
Funding Date: September 14, 2026
Lead Investor: Wa'ed Ventures, 500 Global
Additional Investors: BECO Capital, Anb Seed Fund, Stride Ventures
Company Website: https://brkz.com/
Software Category: Construction Technology
Source: https://www.globenewswire.com/news-release/2026/09/14/3360818/0/en/brkz-secures-31-million-to-scale-ai-enabled-building-materials-procurement-across-saudi-arabia-and-the-gcc.html