Builtop Secures $11M to Revolutionise Saudi Construction Tech with Digital Procurement

Editorial Team

Last updated 7-11-2025

3 min

Saudi startup Builtop raised $11 million in a seed round, combining venture capital and debt.

They aim to scale their digital procurement platform, simplifying and accelerating construction purchasing.

The platform intends to digitise procurement, embedding finance to eliminate payment delays for contractors.

CEO Ayman Al-Juhani describes Builtop as the “missing digital layer” for Vision 2030 goals.

Success could transform construction procurement in MENA, despite challenges in shifting old habits online.

Saudi startup Builtop has just bagged $11 million in a seed round that blended venture capital with debt financing — a sign, perhaps, that the construction tech space in the Kingdom is heating up fast. The round was led by **TAM Capital**, alongside a group of strategic investors keen to catch the wave of Saudi Arabia’s urban transformation.

From what’s been shared publicly, the company plans to pour this fresh capital into scaling its digital procurement platform across the country. The focus seems clear: make construction purchasing simpler, smarter, and faster, while also offering trade finance options in partnership with financial institutions. In a sector still bogged down by time‑consuming manual processes, that’s no small feat.

I’ve seen my fair share of builders drowning in paperwork or waiting ages for payment cycles to clear. Builtop’s goal, as I understand it, is to streamline all that — digitising procurement and embedding financing directly into the buying process. If it works as promised, contractors could move projects forward without those painful liquidity hiccups that often stall progress.

In a statement, **Ayman Al‑Juhani**, Builtop’s founder and CEO, put it plainly: traditional procurement models can’t keep up with the pace of *Vision 2030*. He described Builtop as the “missing digital layer” between buyers and suppliers, aiming to bridge that gap once and for all.

Considering that Saudi Arabia’s infrastructure and real estate projects are approaching the **$1 trillion** mark since the Vision was launched, the timing feels spot on. Everyone’s racing to meet deadlines, and a platform like this might just oil the gears — or at least stop them from squeaking too much.

That said, rolling out any digital solution in the construction sector isn’t exactly a walk in the park. Old habits die hard, and convincing procurement teams to shift online could be a bit of a faff. Still, I reckon the momentum behind Saudi Arabia’s megaprojects will help swing things Builtop’s way.

At **Arageek**, whenever we chat with founders in the region, we’re reminded how vital fintech‑enabled models like this are becoming for growth industries. They don’t just digitise processes — they unlock entirely new ways of doing business. And if Builtop pulls it off, it might set a precedent for how construction procurement across MENA gets rebuilt from the ground up.

So yes, plenty of eyes will be watching what Builtop does next — and who knows, maybe a few rivals are already sharpening their tools for a go at the same market. Exciting times ahead… definately.

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