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BRKZ Breaks Ground with $8M Series A: Revolutionizing Construction Tech Procurement

Construction technology startup BRKZ has successfully raised $8 million in its Series A funding round, with leading investments from 9900 and BECO Capital, accompanied by backing from Aramco’s Wa’ed Ventures, Knollwood Investment Advisory, RZM Investment, and MISY Ventures.

This latest funding round brings BRKZ's total funding to $13.55 million, building upon its previous $5.55 million seed round, spearheaded by Better Tomorrow Ventures.

BRKZ plans to utilize the funds to enhance its in-house capabilities and extend its reach across Saudi Arabia and beyond, as outlined in a recent press release by the company.

Established in 2022 by Ibrahim Manna, BRKZ offers a platform that connects users to a vast network of suppliers and materials, presenting various delivery and payment options. Unlike traditional online purchasing platforms, BRKZ operates through a system where buyers submit requests for quotations (RFQs) via its app or WhatsApp.

The platform streamlines the process for suppliers, allowing them to tailor prices based on factors such as size, location, and delivery preferences. To date, BRKZ boasts facilitating over $170 million worth of quotations, spanning nearly 1,200 products sourced from more than 350 suppliers.

In the competitive landscape of B2B construction marketplaces, BRKZ contends with industry players such as OfBusiness, Moglix, and Infra.Market.

The successful completion of its Series A funding round underscores BRKZ's momentum and its commitment to revolutionizing procurement processes within the construction sector.


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