BRKZ secures $31m to scale AIenabled building materials procurement

Image for article BRKZ secures $31m to scale AIenabled building materials procurement
News Source : The Next Web

News Summary

  • BRKZ is a technology-enabled building materials procurement platform in Saudi Arabia.
  • It has announced $31 million in new capital to fuel its next phase of growth.
  • That includes advancing its AI-powered pricing and fulfillment engine.
  • It also includes rolling out embedded financing solutions for its network of contractors and suppliers.
  • 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.
  • The company continued to expand amid significant geopolitical and supply-chain disruption across the Middle East.
BRKZ is a technologyenabled building materials procurement platform in Saudi Arabia. It has announced $31 million in new capital to fuel its next phase of growth.

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