IN Brief:
- BRKZ has secured $13 million in Series B equity and an $18 million growth-debt commitment.
- Its platform serves more than 1,500 contractors, 150 materials factories, and around 2,100 suppliers.
- Funding will expand AI-assisted pricing, fulfilment, embedded finance, and cross-border construction-material sourcing.
BRKZ has secured $31 million in new equity and debt funding to expand an AI-enabled building-materials procurement platform linking contractors and factories with local and international suppliers across Saudi Arabia.
The financing combines a $13 million Series B equity round co-led by Wa’ed Ventures and 500 Global with an $18 million growth-debt commitment from existing financing partner Stride Ventures. The debt forms part of a previously announced $30 million facility intended to support working capital and flexible customer payment terms.
BRKZ plans to use the latest funding to increase automation across quotation, pricing, and fulfilment; expand financing products; deepen its role within the materials supply chain; and develop additional sourcing routes from major manufacturing markets including China and India.
The company says its platform now serves more than 1,500 contracting businesses and 150 building-material factories, supported by approximately 2,100 local and international suppliers. Since launch, it has sold more than $133 million of materials and processed more than $1.37 billion of requests for quotation.
Those transactions have also created the dataset behind BRKZ’s attempt to automate parts of construction purchasing. The company says it has accumulated around 38 million structured data points across more than 13,000 product records and 2,100 supplier profiles.
Its AI pricing system has been trained against approximately 40,000 RFQs, using historical data to estimate buying and selling prices and identify suppliers for individual enquiries. BRKZ says between 84% and 89% of those predictions fall within 5% of the eventual transaction price.
That does not mean the system autonomously commits every purchase. Procurement teams retain final oversight, which is significant in a sector where apparently interchangeable products may differ in specification, certification, dimensions, origin, finishes, or approval status.
Building-material procurement is difficult to automate precisely because price is only one part of the decision. Contractors need the correct material to arrive in the correct quantity, to the required specification, within a programme that may change as site progress accelerates or slips.
A cheaper product has little value if it does not satisfy the specification or cannot reach site before the activity that depends on it. Equally, paying a premium for rapid delivery can be commercially rational where a missing component would otherwise stop a larger work package.
BRKZ is attempting to combine those commercial and logistical decisions within a single procurement relationship. Its platform brings together sourcing, supplier data, pricing, quality assurance, logistics, and payment terms rather than operating only as a digital marketplace listing materials from different vendors.
Automation is also moving beyond the RFQ stage. An AI agent called Nusa processes bulk-cement delivery notes sent by transporters through WhatsApp, reading the images, matching deliveries against orders, checking quantities, and closing completed transactions while passing exceptions to staff.
BRKZ says approximately three quarters of delivery notes handled through that process are completed without manual override. Payment-term decisions are also AI-assisted, using historical customer-payment behaviour while leaving final approval with the finance team.
The delivery-note application illustrates where comparatively narrow automation can remove repetitive administrative work. Large material orders may generate substantial numbers of tickets, delivery records, quantity checks, and reconciliations, particularly where bulk products arrive over numerous vehicle movements.
Errors still carry physical consequences. A system that incorrectly closes a delivery, matches the wrong order, or misses a quantity discrepancy can move a data problem into stock control, payment, or site planning. Exception handling and human review therefore remain as important as the percentage of routine transactions processed automatically.
The new capital will also support embedded finance. Construction supply chains routinely operate with mismatched payment periods: suppliers may require settlement before a main contractor receives payment from its client, while large material purchases can create substantial working-capital requirements early in a package.
Combining procurement and finance gives BRKZ access to transaction and payment data that can inform credit decisions. It also increases the platform’s exposure to commercial risk, making accurate customer assessment important as financing becomes a larger part of the offer.
Cross-border expansion creates another layer of complexity. BRKZ plans to strengthen direct sourcing routes from China, India, and other manufacturing markets, including specialist and private-label products.
International sourcing can widen availability and reduce purchasing costs, but contractors also have to manage lead times, customs, transport disruption, product compliance, currency exposure, and the possibility that overseas alternatives do not meet the approvals specified for a particular project.
BRKZ already supplies contractors and businesses participating in developments including the Red Sea Project, Diriyah, Qiddiya, ROSHN, and King Salman Park. Those programmes create the scale of repeat materials demand needed to test whether a data-led procurement model can operate beyond individual spot purchases.
The company says revenue is on course to triple during 2026 after increasing 2.5 times year on year in 2025. It has now raised more than $70 million across equity and debt since inception.
The latest funding does not remove the fragmented nature of construction procurement by itself. Materials still pass through manufacturers, distributors, transport operators, commercial teams, warehouses, and sites, each operating on different timelines and information systems.
BRKZ’s proposition is that more of those decisions can be linked through a common data layer. The measure of that approach will not simply be how rapidly software generates quotations, but whether faster sourcing and automated administration continue to deliver the correct products, commercial terms, and delivery information when project conditions become less predictable.
