AI

TruBuild Secures $1M to Revolutionize Construction with AI in Saudi Arabia

Malaz Madani
Malaz Madani

2 min

TruBuild raised $1 million in seed funding to develop its AI-driven construction platform.

The funding was led by Wa'ed Ventures and Dar Ventures, with additional investors.

The platform aims to reduce unexpected construction costs and inefficiencies significantly.

Funds will enhance the product, hire talent, and support domestic and international expansion.

TruBuild plans to streamline project evaluations, potentially speeding processes by 80 percent.

TruBuild, a promising Saudi firm, has just announced they've closed a tidy seed funding round worth $1 million.

Led by investors Wa'ed Ventures and Dar Ventures, the funding round saw further participation from Plug and Play Tech Center, Taz Investment, members of the Aqaal Group, plus a smattering of angel investors. Not a bad mix if you're planning to dive deep into the booming Saudi tech ecosystem.

Founded only this year, TruBuild’s bold vision centres around using clever bits of artificial intelligence to tackle some pretty annoying problems that most people involved in construction projects face sooner or later—unexpected costs and inefficiencies. You know the kind, where budgets suddenly balloon and everyone is left scratching their head, wondering just how things got so pricey so quickly.

To address this age-old headache, TruBuild is developing an AI-powered platform aimed at substantially cutting down these inconvenient, budget-blowing incidents. By flagging potential issues early on, coordinating better with stakeholders, and streamlining the back-and-forth approvals process, their solution claims it can speed up evaluations and approvals by as much as 80 percent.

According to the founders, Bisrat D. and Sari Sabban, the fresh inflow of cash will mainly be used to hire additional talent, enhance their initial product offering, and expand within Saudi Arabia—with an eye on even bigger international ambitions beyond the Kingdom's borders.

Given the speed this team has gone from launch to funding, they're clearly not hanging around. It’ll be interesting to keep an eye on how TruBuild is able to scale—especially considering the booming real-estate and construction industries popping-up across the Gulf region.

In any case, with backing from some respected names in the investment community, TruBuild seems to have set itself up very niecely for the next stage of growth. We at Arageek are intrigued to see if the platform could indeed make those dreaded "surprise costs" disappear—or at least partly vanish..

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