Ibrahim Manna, Founder, BKRZRiyadh, Saudi Arabia: BRKZ, Saudi Arabia’s leading B2B managed marketplace for building materials, has secured up to $30 million in growth debt from Stride Ventures, aimed at empowering contractors and factories through flexible financing solutions and enhancing the Kingdom’s rapidly expanding construction sector.
With Saudi Arabia gearing up for Expo 2030, the FIFA World Cup 2034, and major giga-projects such as King Salman Park, Diriyah Gate, Qiddiya, and The Red Sea Project, the nation’s construction market is entering a new growth phase. BRKZ’s latest financing facility positions it at the forefront of this momentum by driving efficiency, liquidity, and innovation across the building materials supply chain.
This financing follows BRKZ’s earlier equity rounds totaling $22.5 million, backed by repeat investors including BECO, BNVT Capital, Better Tomorrow Ventures, and Aramco’s Wa’ed. The company reported a 4x revenue growth in 2024, maintaining healthy unit economics. Since its launch, BRKZ has processed SAR 3.14 billion (US$837 million) in RFQs, expanded its catalog to over 7,500 SKUs from 1,300 suppliers, and onboarded 850+ contracting companies and factories across Saudi Arabia.
Recognized as part of the Saudi Unicorns Program, BRKZ has emerged as one of the Kingdom’s most promising growth-stage startups, closely aligned with Vision 2030 objectives.
Founded in 2022 by Ibrahim Manna, a serial entrepreneur, BRKZ was established to streamline construction procurement and solve challenges such as fragmented supply chains, manual processes, and cash flow gaps that delay project delivery. Through its tech-enabled managed marketplace, the company enables contractors and factories to obtain competitive quotes within minutes and access embedded financing tailored to their project 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 landmark projects like Qiddiya, Diriyah Gate, and Expo 2030 continue shaping the national landscape, efficiency and financing flexibility are becoming crucial success factors. BRKZ’s financing-led model aims to empower contractors and factories to execute reliably and sustainably in an evolving market.
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, added: “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 plans to invest further in AI-driven procurement tools, expand its payment enablement suite, and grow its supplier network across Saudi Arabia and international markets including the Far East and India. The company is also enhancing cloud manufacturing models and strengthening supply and off-take partnerships to bolster the resilience of Saudi factories and the national raw materials ecosystem.
BRKZ last raised $8 million in Series A round co-led by 9900 and BECO Capital, with participation from Aramco’s Wa’ed Ventures, Knollwood Investment Advisory, RZM Investment, and MISY Ventures.
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