BRKZ, Saudi Arabia’s leading B2B managed marketplace for building materials, has secured up to $30 million in growth debt from Stride Ventures. The new financing will strengthen BRKZ’s ability to provide flexible payment and financing options to contractors and partner factories, enhancing liquidity and driving sustainable growth across the construction supply chain.
As Saudi Arabia prepares to host landmark global events such as Expo 2030 and the FIFA World Cup 2034, and with giga-projects including King Salman Park, Diriyah Gate, Qiddiya, and The Red Sea Project rapidly advancing, the nation’s construction industry is entering a new era of expansion. The sector’s next phase will be defined by efficient materials procurement and innovative financing — areas where BRKZ is emerging as a pivotal enabler.
The $30 million facility follows earlier equity rounds totalling $22.5 million, with full participation from repeat investors BECO, BNVT Capital, Better Tomorrow Ventures, and Aramco’s Wa’ed. This continued backing reflects strong confidence in BRKZ’s model. In 2024, the company grew revenues fourfold while maintaining healthy unit economics. To date, BRKZ has processed SAR 3.14 billion (≈$837 million) in RFQs, expanded its catalogue to over 7,500 SKUs from 1,300 suppliers, and onboarded more than 850 contracting firms and factories across the Kingdom.
BRKZ’s inclusion in the prestigious Saudi Unicorns Program further underlines its position as one of the Kingdom’s most promising growth ventures, strategically aligned with Vision 2030 priorities.
Founded in 2022 by serial entrepreneur Ibrahim Manna, BRKZ was established to resolve long-standing inefficiencies in construction procurement — from fragmented supply chains to cash flow constraints. Its tech-driven managed marketplace allows contractors and factories to obtain competitive quotes within minutes while accessing tailored embedded financing aligned with construction payment cycles.
Ibrahim Manna, Founder & CEO of BRKZ, said:
“This growth debt facility from Stride Ventures strengthens our ability to support contractors and factories with more flexible payment and financing enablement options across the Saudi building materials market. It allows us to further expand our tailored embedded financing ecosystem, helping customers manage project cash flows more efficiently. With the recognition of being hand-picked into the Saudi Unicorns Program, we are firmly positioned to scale as the procurement and financial enablement partner of choice for contractors and factories nationwide. Stride has a proven track record of backing companies with similar models, making them the right partner to support us as we scale this vision in Saudi Arabia.”
Khaled Hamada, General Manager of AlFanar Contracting, added:
“BRKZ’s financing enablement solutions have been a game-changer for our projects. Having access to tailored payment terms through their platform allowed us to execute multiple projects across Saudi Arabia more efficiently, while meeting tight deadlines without the usual financing hurdles. Their approach gives contractors like us the confidence and flexibility to scale with the pace of the Kingdom’s giga-projects.”
As giga-projects such as Qiddiya, Diriyah Gate, and Expo 2030 continue to transform the construction landscape, BRKZ’s embedded financing model offers contractors and factories greater stability and agility in navigating complex project timelines.
Ishpreet Singh Gandhi, Founder & Managing Partner, Stride Ventures, said:
“BRKZ is a standout startup, building the financing infrastructure to match the pace and scale of Saudi Arabia’s construction transformation under Vision 2030. This partnership reflects our commitment to the region’s entrepreneurial economy, with our GCC expansion set to deploy half a billion dollars across the region by 2026.”
Fariha Ansari Javed, Partner, Stride Ventures, said:
“We are proud to back BRKZ as it pioneers innovative financing solutions for Saudi Arabia’s building materials sector. Having previously partnered with leaders in similar models in India, we believe BRKZ is well-positioned to replicate and localize that success in the Kingdom. Their strong execution, rapid scale, and alignment with national priorities make them a true standout in the region.”
Looking ahead, BRKZ will continue investing in AI-powered procurement tools, expanding its flexible financing suite, and broadening its supplier base across Saudi Arabia and key international markets such as the Far East and India. The company is also advancing cloud manufacturing and supply/off-take partnerships to strengthen the Kingdom’s materials sourcing and manufacturing resilience.