Building of construction is highly distinctive, a manual, and opaque, forcing contractors to force many providers, to endure the long conversations, and face the magnificent payments. In Saudi Arabia, where Trillion-dollar infrastructure continues to build projects, this is not working properly.
Dealing with this, BRKZ, Riyadh-Based Building Tech Tech – A Tech-Erated Tech-Power Technic for $ 9 million ($ 8 million in the estimated $ 1 million), Which brings its full series of $ 17 million, and multiplursors.
Existing investors, including Aramco’s WAED, Capital Capal, Class 5 Global, Class 5 Global, Counsel of Celliness of Celliness, investing, RZM and 9900 funding.
This follows a series of 8 billion A1 round Burkzamounced in last March.
Ibrahim Manna, who has been a high official in Uber Suffedia Carem, was established by Brkz in 2023 after receiving the challenges in person.
“After the Chairem’s out, I bought a family house on May 2020 and faced a lack of diagnosis, and the uncertainty of the asset, and the fluctuations of prices,” said Manna. “The frustration made me realize how much the industry is the industry and presented the right opportunity to check.”
Building materials
Nama said he met more than 100 suppliers and contractors in UAE, Saudi Arabia, and Pakistan to find a clear picture of the construction process for the district purchases. He found that when the market was broken everywhere, Saudi Arabia stopped as a very great opportunity, viewed by the world’s 2030 and the solid market.
In the Brkz, contractors and factories can buy important materials such as customer, iron. They benefit from public prices, competitive quotations only in 20 minutes, and buy it now, pay money later, when factories can be found green and the foundation of their customers.
Similarly, the stage reduces the common problems of high cost of transportation and communication problems in all districts. Last year, Brkz has grown from 1,200 Skus and 350 suppliers to more than 7,000 Skus and 1,100 providers. Since its series A1, income scheduled in 2024, with more than 850 contractors and factories using BRKZ with major projects such as King Salman Park, Nomo, and Red Sea project.
Brkz has expanded in over 40 cities to prevent Saudi Arabia provinces, and east, raise its RFQ volume from $ 1750 billion) today. The technical company aims to extend its North and Southern provinces, Manabas noted.
Difference of money
Living before turn, Brkz will be looking for shortcoming streams, which were currently produced in shopping fees and financial solutions, including purchase later.
Manaana says when Brkz works with contractors, wants to start dealing with the Developers and suppliers, a group of customers with different needs, materials, requiring a comprehensive range of facilities. The company plans to import difficult construction materials in international markets in international markets, starting with Chinese this year and later India and Turkey to meet the need for a country growing in the country.
“We are very happy to create or empower the Corridor of China and Saudi as we import our contractors, the suppliers and others may like to leave China, we will find them, and sell the contractors, engineers, and suppliers in Saudi. Our focus on depth in Saudi Arabia, “shared. This contributes to the replacement from Brkz’s priorities to expand the Mena.
Significantly, the movement matches Chinese efforts to strengthen the relationship with Middle East markets between the uncertainty of US Trade Policy. Given a constructive arabia saudi and important role in MegaproPects such as NEOOM and line, Brkz’s import strategy can benefit from government trading stadiums and the two tribes between the two nations.
The full ecosystem
Apart from building materials, Brkz intends to be the natural building construction by facing the four pillars of any project: Benpl and credit solutions), and procurement management. The equipment will enable the brkz to make a platform for the end of contractors and developers.
In addition, important wisdom focus will be of the desire of the AI ​​and learning machinery machine for speculation, purchase order, and other internal processes and contractors with vendors.
The newly proposed capital will include the company in its own way to have more purchases of property manifestation, beside driving in Saudi Arabia.
“BRKZ group has issued its product to the efficient function of this institution. and managing the Ecical Capital partner.
Since the present two years ago, Brkz raised $ 22.5 million, including $ 5.5 million from pre-seed and seed cycles. Mana says the company’s estate has grown at 46% last year, showing 4x – between 4x – over 4x years.
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