Riyadh-based construction technology firm Builtop has secured an US$11 million funding round, led by TAM Capital with participation from strategic investors.
The raise will support Builtop’s expansion across Saudi Arabia, bolster its pay-later procurement financing product, and accelerate deployment of its AI-powered digital procurement platform tailored for the construction and real estate sectors.
Established in 2024 by Ayman Aljohani, Builtop positions itself as a digital procurement partner for contractors and developers, offering streamlined workflows from sourcing and bidding to payments and reconciliation. The platform leverages artificial intelligence for supplier matching and price benchmarking.
Aljohani commented that the investment “marks a significant milestone for Builtop”, enabling the company to align more closely with Saudi Vision 2030 infrastructure and construction projects by delivering smarter, more transparent procurement solutions.
The funding round reflects growing investor interest in digitising procurement and supply-chain workflows in Saudi Arabia’s construction ecosystem, especially as major infrastructure and mega-projects demand efficiency, cost control and enhanced transparency.
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