BRKZ, a leading B2B managed marketplace for building materials in Saudi Arabia, has raised up to $30m in growth debt from Stride Ventures. The announcement follows previous equity rounds that raised $22.5m.
The funding will allow the company to provide flexible payment solutions to partner factories and contractors, improving efficiency across the construction supply chain.
The financing positions BRKZ to expand its services and support the changing needs of the Kingdom’s construction industry.
Gulf Economist Staff Writer