KSA-Based Builtop Pockets US$11 Million To Expand Its AI-Driven Procurement Platform
Inc. Arabia spoke to Builtop founder Ayman Aljohani to learn how his startup is bringing efficiency and transparency to construction and real estate in the Kingdom.
Builtop, a Saudi Arabia-based digital procurement startup focused on improving construction and real estate operations, has secured US$11 million in a funding round led by the Saudi closed joint-stock company TAM Capital.
The Riyadh-headquartered Builtop, which was founded by Ayman Aljohani in 2024, aims to modernize how the Kingdom sources and finances its construction needs. The platform brings together digital procurement, embedded finance, and artificial intelligence tools for an industry where teams regularly face price checks, supplier coordination, and approval cycles that slow projects. By digitizing and streamlining the entire procurement process, Builtop integrates sourcing, pricing, documentation, and financing into one system that helps contractors secure materials more quickly, compare options efficiently, and reduce delays caused by cashflow constraints or prolonged approvals.
In an interview with Inc. Arabia, Aljohani explained how Builtop aims to address the multiple challenges that he saw up close throughout his career in construction, engineering, and project management. “The largest pain point in construction procurement has always been fragmentation," he said. "Contractors and developers waste significant time and money trying to compare prices, coordinate with multiple suppliers, and secure financing fast enough to keep projects moving. After two decades inside the industry, I saw how much efficiency and transparency were missing from the process.”
Aljohani's experience thus guided the development of Builtop’s model, which consolidates sourcing, pricing, documentation, and finance into one unified system, structuring them in a way that helps contractors avoid interruptions and maintain steady timelines. “Our embedded finance solution allows contractors and developers to access ‘pay later’ structures that unlock immediate purchasing power without pausing project timelines," Aljohani explained. "It removes the common problem of waiting for internal approvals or stretched cash flow cycles. Given the scale of Vision 2030 projects and the speed at which Saudi Arabia is building today, these flexible financing tools have become essential rather than optional.”
The startup’s growth comes at a time when Saudi Arabia is scaling construction activities linked to Vision 2030, creating a strong appetite for technology that reduces friction across supply chains. Aljohani added that he believes that Builtop is well-situated in Saudi Arabia, which is today “the heart of the region’s construction movement,” providing the company with the ideal base to set a new standard for procurement and trade finance.
And it is precisely this added value to both suppliers and construction firms that garnered investor interest in the startup, Aljohani told us. “The round came together naturally because the investors saw that the market was demanding a new model," he said. "We were already working with leading suppliers and contractors and delivering clear value through speed, transparency, and financial innovation. TAM Capital recognized that Builtop is not a simple marketplace. It is infrastructure for the future of construction procurement, and that vision is what attracted every strategic investor who joined the round."
The new investment is thus set to support Builtop's national expansion, product upgrades, and further development of AI capabilities designed to improve accuracy and speed across procurement workflows. “The funds will be invested into three main engines of growth," Aljohani shared. "The first is national expansion to serve clients across all regions of the Kingdom. The second is deepening our product capabilities so that contractors and suppliers experience a smooth, fast, and modern workflow from request to delivery. The third is advancing our AI systems, which will make procurement tasks faster, smarter, and increasingly predictive. Users will feel these improvements immediately through quicker approvals, more accurate pricing, automated requests for quotation (RFQs), and transparent tracking across the entire procurement cycle.”
Aljohani also shared his notes for other founders building in the same space as he is. “My biggest advice is to understand the field inside out," he said. "Construction is not a typical tech sector. It requires deep relationships, trust, and proven execution. If you want to build in this space, spend time with contractors, suppliers, project managers, engineers, and financiers. Do not build from behind a screen.”
Aljohani also pointed out that the pace of development in the Kingdom’s construction sector makes it key for founders to keep their fingers on the pulse of the market. “Speed matters," he said. "The Kingdom is moving faster than any market in the world, and opportunities open and close quickly. Launch early, iterate with real customers, and let the market shape your product."
"Third, build for impact rather than hype," Aljohani continued. "Construction is unforgiving. If your solution does not save time, reduce cost, or remove friction, it will not last. Finally, remember that Saudi Arabia rewards those who combine ambition with discipline. If you show commitment, deliver value, and innovate with a purpose, the ecosystem will open doors far beyond your expectations."
Pictured in the lead image is Builtop founder Ayman Aljohani. Image courtesy Builtop.
