BRKZ closes $17M Series A to revolutionize construction procurement

BRKZ, a pioneering B2B marketplace for the construction sector, has completed a $17 million Series A funding round, with total funding now at $22.5 million. This influx of capital will help BRKZ address challenges such as fragmented supply chains and inefficient procurement processes in Saudi Arabia's burgeoning construction market. Leveraging its tech-enabled platform, BRKZ connects contractors with a wide network of suppliers, offering competitive quotes rapidly and embedding financing solutions aligned with construction cash flow needs. Impressively, the platform has already processed $350 million in requests for quotes and expanded its reach across 40 Saudi cities. As part of its growth strategy, BRKZ plans to enhance its technology and expand into international markets, including China and India. Primary investor BECO Capital reaffirms its support, seeing the strategic alignment with the Kingdom's Vision 2030 and the potential for BRKZ's solutions to transform the industry.