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BRKZ secures $31 million to scale its AI-enabled building materials procurement platform. The funding includes $13 million in Series B equity and $18 million in growth debt.

PRIVATESep 14, 2026•about 3 hours ago

Amount Raised

$31 Million

Round Type

Series B

RiyadhConstructionBuilding MaintenanceCivil Engineering

Investors

Stride VenturesAnb Seed FundBeco Capital500 GlobalWa'ed Ventures

Description

BRKZ, a leading technology-enabled building materials procurement platform, has secured $31 million in new capital to fuel its growth. This includes $13 million in Series B equity co-led by Wa'ed Ventures and 500 Global. Additionally, Stride Ventures committed $18 million in growth debt to support working capital. With strong revenue growth, BRKZ aims to enhance its AI-powered pricing and fulfillment engine.

Company Information

Company

BRKZ

Location

Riyadh, Riyadh Region, Saudi Arabia

About

BRKZ is a Riyadh-based construction-tech startup revolutionizing the traditional construction procurement process in the MENA region.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

BRKZ raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.