Tech Company Financing Transactions

Buildnow Funding Round

Buildnow secured a $9.4 million Seed funding round on 3/5/2024. Investors included Khwarizmi Ventures, Raed VC and private investors.

Transaction Overview

Company Information

Company Status

Private & Independent

Industry

Engineering

Mailing Address

7180 Abdullah Bin Salamah
Al Olaya, 2376
Riyadh

Phone

(+966) 563-220-640

Website

www.buildnow.sa

Email Address

[email protected]

Overview

Seeing this Buildnow was launched in April 2022 by a diverse team with backgrounds spanning banking, fintech & construction. Using its credit management platform and extensive supply chain network, Buildnow digitally captures data points such as financials, legal standing and market reputation of the buyer to better assess credit risk. This enables Buildnow to supply materials on credit terms tailored for the buyer while paying cash upfront to the SME suppliers.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Abdulla Sheikh

        

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

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