BRKZ raises $31m to digitise Saudi construction supply chain

Aramco's VC arm co-leads a $13m Series B as BRKZ deploys AI pricing across Saudi Arabia's fragmented building materials market.

By Disrupts Editorial Team Wed, 16 September 2026 AI level 2 of 5

AI level 2 of 5: drafted by our AI editorial assistant from the company's announcement; fact-checked, edited and signed off by Mark Walker, Editorial Director. What the levels mean

A bright control room features rows of modern workstations facing a large wall-mounted screen displaying a city map with highlighted routes and various data charts, illuminated by natural light from tall arched windows.

Saudi construction-tech startup BRKZ has secured $31 million in new capital to scale its AI-powered building materials procurement platform across Saudi Arabia and the wider GCC, as the Kingdom's giga-project construction boom collides with one of the region's most stubbornly analogue supply chains.

The round comprises a $13 million Series B equity tranche, co-led by Wa'ed Ventures, the $500 million venture capital arm of Aramco, and 500 Global, with participation from BECO Capital and Anb Seed Fund. An $18 million growth debt commitment from Stride Ventures, drawn under a pre-existing $30 million venture debt facility, rounds out the package. BRKZ has now raised more than $70 million in total capital since its 2022 founding.

AI meets procurement infrastructure

The core of BRKZ's proposition is a proprietary dataset of approximately 38 million structured data points spanning more than 13,000 product records and 2,100 supplier profiles, accumulated over three years of live transactions. That dataset now feeds an AI pricing engine trained on roughly 40,000 requests for quotation (RFQs, the formal price-solicitation documents contractors send to suppliers). The company says the engine predicts buy and sell prices with 84% to 89% of predictions landing within 5% of the final transacted price, compressing what was a manual, multi-day process to near-instant output.

Operational AI agents extend further into the workflow. An agent called Nusa processes bulk-cement delivery notes sent by transporters via WhatsApp photos, matching them to live orders and closing completed deliveries autonomously. The company reports that approximately three-quarters of delivery notes now clear without human override. Payment-term decisions are similarly AI-assisted, drawing on BRKZ's own payment-behaviour history before a finance team member signs off.

"Having spent our first years building the supply network, infrastructure and data to digitize procurement at scale, we can now make that infrastructure significantly smarter," said Ibrahim Manna, Founder and CEO.

Revenue grew 2.5 times in 2025 and is on track to triple again in 2026. Since inception, BRKZ has processed more than $1.37 billion in RFQs and sold over $133 million in building materials across a network of more than 1,500 contracting companies, 150 factories, and approximately 2,100 local and international suppliers.

Convergence angle: Vision 2030 capital meets supply-chain digitisation

The Wa'ed Ventures co-lead is a structurally significant signal. Wa'ed is Aramco's vehicle for diversifying the Kingdom's technology ecosystem beyond hydrocarbons, and its participation in a construction-procurement startup illustrates how Saudi sovereign and quasi-sovereign capital is now flowing into unglamorous but high-volume industrial software, not just headline-grabbing AI or biotech plays. Earlier in 2026, BRKZ also received a strategic investment from SIC, the investment arm of the Saudi Industrial Development Fund, tying the platform explicitly to Vision 2030 industrial objectives.

The macro context matters for cross-sector investors. Saudi Arabia is simultaneously the world's largest active construction site, BRKZ serves contractors on The Red Sea Project, Diriyah, Qiddiya, ROSHN and King Salman Park, and a market where procurement for building materials has remained fragmented, manual and opaque. The platform's ambition to integrate cross-border sourcing corridors with China and India adds a supply-chain globalisation dimension: as Western contractors and sovereign wealth funds pour capital into Gulf infrastructure, the logistics and pricing infrastructure underpinning that capital deployment is itself becoming a technology investment category.

For capital allocators with exposure to GCC real estate, construction or sovereign-development funds, the BRKZ raise is an early data point in a broader digitisation wave across the Gulf's industrial base. The embedded financing layer BRKZ is now building, offering flexible payment terms to contractors and suppliers through its own platform, creates a fintech wedge within a construction-tech wrapper, a convergence pattern visible in mature markets but still nascent across the GCC.