Saudi Contech BRKZ Secures US$30 Million Finance Facility To Drive Growth

BRKZ, a KSA-based business-to-business (B2B) managed marketplace for construction materials with embedded financing, has secured up to US$30 million in growth debt from Stride Ventures, a leading global venture debt and private credit platform with a presence across India, the GCC, the UK, and Southeast Asia.   

The announcement comes on the heels of BRKZ’s previous funding rounds in March 2024 and February 2025, with the most recent round fully subscribed by returning investors BECO Capital, BNVT Capital, Better Tomorrow Ventures, and Aramco’s Wa’ed Ventures. The newly acquired debt will strengthen BRKZ’s ability to provide flexible payment solutions across the construction industry, supporting its network of partner factories and contractors while fueling growth in the raw materials supply chain.  

Founded by serial entrepreneur Ibrahim Manna in Saudi Arabia in 2022, BRKZ was created to solve major inefficiencies in construction procurement, including fragmented supply chains, manual workflows, and cash flow challenges, all of which delay project execution and drive up costs. Its tech-enabled managed marketplace allows contractors and factories to obtain competitive quotes in minutes and access embedded financing designed around the unique cash flow cycles of the construction industry. 

In an interview with Inc. Arabia, Manna, who is also the CEO of BRKZ, said the company opted for growth debt to facilitate its next stage of expansion because of its strong performance to date. “Growth debt was the right choice for this stage, because BRKZ has a proven business model and solid fundamentals, 4× revenue growth in 2024, over SAR 3.14 billion in requests for quotations (RFQs) processed, and healthy unit economics," he said. "It enables us to scale faster and expand financing enablement." 

And that growth, Manna added, is a reflection of the company's ability to address market gaps. “Our growth is driven by strong execution and clear market need," he noted. "Contractors and factories rely on BRKZ for a simplified, tech-enabled procurement experience that replaces fragmented supply chains and manual processes. The combination of our embedded financing enablement, growing supplier network, and proprietary data foundation has allowed us to improve pricing, reliability, and cash-flow alignment, helping customers execute projects faster and more efficiently." 

The BRKZ team.

Manna pointed out that the new growth debt facility also reinforces investor confidence established through earlier equity rounds. “This facility complements our earlier $22.5 million in funding, the latest round fully covered by repeat investors including BECO, BNVT Capital, Better Tomorrow Ventures, and Aramco’s Wa’ed, reflecting long-term confidence in our strategy and execution,” he said. He also noted that the latest partnership with Stride Ventures aligns with BRKZ’s long-term vision. “Stride Ventures is the ideal partner because of their track record supporting similar high-growth B2B models in India," he said. "Their experience in financing industrial marketplaces aligns perfectly with BRKZ’s mission." 

According to Manna, the new investment marks a strategic step in advancing BRKZ’s role in Saudi Arabia’s construction sector. “This growth debt facility positions BRKZ to accelerate its role as a key innovator in Saudi Arabia’s construction ecosystem," Manna said. "It enhances our capabilities to offer flexible payment and financing enablement solutions to contractors and factories, while driving growth in the raw materials and factory supply chain. As the Kingdom moves into the execution phase of giga-project execution, the need for efficient procurement and smart financing has never been greater." 

Earlier this year, BRKZ was selected to join the Saudi Unicorns Program, which Manna described as an acknowledgment of its objective to be one of the Kingdom’s most promising high-growth companies and its strong alignment with national development goals. “Being hand-picked for the Saudi Unicorns Program is a proud milestone for the team and a validation of our contribution to the Kingdom’s digital and industrial transformation,” Manna said. “It underscores BRKZ’s position as one of Saudi Arabia’s most promising growth companies, strategically aligned with national priorities and supported by the Ministry of Communications and Information Technology’s Technology Deputyship. It also reflects our continued commitment to building local capability and technology that supports Vision 2030’s ambition to make Saudi Arabia a global hub for innovation and manufacturing."

Reflecting on his own entrepreneurial journey with BRKZ, Manna shared what he believes other founders should consider when it comes to scaling sustainably. “For B2B founders, especially in capital-intensive sectors like construction, scalability comes from discipline and data," he said. "We learned that sustainable growth depends on building a strong operational backbone before expanding aggressively. At BRKZ, we focused on structuring our data, automating workflows, and creating financing enablement that aligns with our customers’ realities. That discipline has allowed us to grow 4×m while maintaining strong unit economics. My advice: focus on solving deep structural problems first—cash flow gaps, fragmented supply chains, inefficiency; then use technology and partnerships, like ours with Stride Ventures, to scale impact sustainably."

Pictured in the lead image is BRKZ founder and CEO Ibrahim Manna. All images courtesy BRKZ.