# BRKZ Expands AI Construction Procurement in Saudi Arabia

BRKZ, a Riyadh-based construction technology company, secured a **$31 million** equity and debt financing round in September 2026 to scale its AI-driven procurement platform for building materials across Saudi Arabia and the Gulf region. This funding will enhance AI capabilities in pricing, sourcing, fulfillment, and embedded financing, addressing inefficiencies in the construction supply chain and enabling faster, more reliable procurement processes. The platform's growth amid regional supply-chain disruptions highlights its operational resilience and increasing adoption by contractors.

- **Why this matters:** BRKZ's expansion signals growing digitization and AI integration in construction procurement within Saudi Arabia, presenting opportunities for contractors and suppliers to engage with more efficient, data-driven sourcing platforms.
- Procurement professionals should evaluate how AI-enabled procurement platforms like BRKZ can improve supply chain reliability and cost management in construction projects.
- The involvement of prominent equity investors such as Wa’ed Ventures and 500 Global underscores strong market confidence, potentially attracting further investment and innovation in construction technology.
- Companies offering complementary services in AI, financing, and supply chain logistics may find new partnership or subcontracting opportunities as BRKZ scales regionally.

**Jurisdictions:** international
**Industries:** Construction & Infrastructure, Information Technology
**Topics:** Artificial Intelligence, Digital Infrastructure
**Published:** September 14, 2026

### Vendors
- BRKZ (prime contractor)
- Wa’ed Ventures (equity investor)
- 500 Global (equity investor)
- BECO Capital (equity investor)
- Anb Seed Fund (equity investor)

### Key Quotes
> Building materials procurement is one of the largest, least digitized categories in the Saudi economy, and BRKZ has methodically built the infrastructure and data needed to solve it at scale. Our decision to co-lead this round was driven by the team's demonstrated execution: BRKZ sustained growth despite significant regional supply-chain disruption because contractors rely on the platform to deliver. This speaks to the strong operational foundation. We look forward to supporting the team as they deepen their AI capabilities, expand embedded financing, and grow across the region.
> — Amjad Ahmad, Managing Partner at 500 Global

> Our continued investment in BRKZ reflects our confidence in the company's ability to make building materials procurement more efficient, connected and data driven. We look forward to supporting the team as they further advance their AI capabilities and scale their impact across Saudi Arabia and the wider region.
> — Anas Alghatani, Chief Executive Officer of Wa'ed Ventures

### Sources
- [BRKZ Raises $31M to Scale AI Construction Procurement](https://ventureburn.com/brkz-raises-31m-ai-construction-procurement) - Ventureburn
- [BRKZ raises USD $31m to expand AI procurement platform](https://itbrief.co.uk/story/brkz-raises-usd-31m-to-expand-ai-procurement-platform) - IT Brief UK