Builtop Raises $11M to Advance Digital Procurement in Saudi Arabia

Saudi startup Builtop has secured $11 million in a funding round led by TAM Capital with participation from strategic investors. The round, comprising debt and equity, will support the company’s expansion across Saudi Arabia and further development of its AI-driven procurement and embedded finance solutions for the construction and real estate sectors.

Founded in 2024 by Ayman Aljohani, Builtop offers contractors a digital platform to source materials, compare quotes, and access trade credit directly at checkout. The model addresses ongoing cashflow and procurement challenges that often slow project delivery across Saudi Arabia’s growing infrastructure landscape.

Saudi Arabia’s Vision 2030 has generated demand for new procurement models that can keep pace with large-scale development projects such as NEOM and Qiddiya. Builtop positions itself within this transformation by combining digital sourcing, financing, and analytics in one interface.

Following the funding, the startup plans to expand its AI features to improve supplier matching and predictive pricing, while broadening its supplier network nationwide. “It enables us to expand our offerings and support Saudi Vision 2030 initiatives,” said Aljohani.

The investment underscores a wider shift toward data-driven efficiency in construction, as technology platforms begin to play a central role in modernizing procurement and project execution across Saudi Arabia’s evolving economy.