BRKZ Wraps Up $8 Million in Series A Funding
Through its platform, BRKZ empowers contractors with access to competitive market prices.
Saudi Arabia-based construction tech (contech) BRKZ has concluded its Series A funding round worth $8 million.[1]
Co-led by 9900 and BECO Capital, the funding round also saw participation from prominent investors, including Aramco’s Wa’ed Ventures, Knollwood Investment Advisory, RZM Investment, and MISY Ventures. This latest injection of capital brings BRKZ's total funding to $13.55 million.
The MENA region boasts an extensive array of infrastructure, transport, and building projects, collectively valued at approximately $2.5 trillion. BRKZ aims to capitalize on this market by bridging the gap between construction businesses and suppliers of building materials.
Founded in 2022 by Ibrahim Manna, a logistics entrepreneur and former Careem executive, BRKZ seeks to tackle the myriad challenges plaguing the construction industry, from fragmented supply chains to operational inefficiencies.
Through its platform, BRKZ empowers contractors with access to competitive market prices, streamlined procurement processes, and a diverse array of suppliers. Buyers benefit from a seamless experience, with the ability to request quotes via WhatsApp or the website, along with flexible delivery and payment options.
Suppliers, on the other hand, gain access to a broad customer base and a simplified portal to customize prices and delivery options. To date, BRKZ has facilitated over $170 million in quotations across nearly 1,200 products from more than 350 suppliers.
