BRKZ, a leading Saudi-based technology-enabled building materials procurement platform in Saudi Arabia, today announced it has secured $31 million in new capital to fuel its next phase of growth, including advancing its AI-powered pricing and fulfillment engine and rolling out embedded financing solutions for its network of contractors and suppliers.

The funding includes $13 million in Series B equity, co-led by Wa'ed Ventures, a venture capital arm of Aramco, and 500 Global, with participation from BECO Capital and Anb Seed Fund. Alongside the equity round, existing financing partner Stride Ventures has committed $18 million in growth debt under BRKZ's previously announced $30 million venture debt facility, supporting working capital and flexible payment terms for customers.

The round comes as BRKZ records strong growth. Revenue is on track to triple in 2026, following 2.5x year-on-year growth in 2025, while the company continued to expand amid significant geopolitical and supply-chain disruption across the Middle East. Its growth reflects the need for digitized procurement, pricing transparency, and reliable fulfillment across the construction material supply chain.

BRKZ now serves more than 1,500 contracting companies and 150 building materials factories, supported by approximately 2,100 local and international suppliers. Since inception, the company has sold more than $133 million (SAR 500 million) in raw, local, and imported building materials and has processed more than $1.37 billion (SAR 5.13 billion) in RFQs through its platform.

Building materials account for a significant share of construction project costs, yet procurement remains highly fragmented and relies on manual sourcing, negotiations and disconnected logistics processes. BRKZ provides contractors, distributors and factories with a single platform to source local, imported and raw materials. It combines its Saudi supplier network with international sourcing capabilities and manages pricing, quality assurance, logistics and