Builtop, a digital procurement platform for the construction and real estate industries, announced that it has raised USD 11 million in a round led by TAM Capital with participation from a number of other investors, which will support Builtop's expansion into Saudi Arabia, enhance its AI-enabled procurement capabilities, and develop customized solutions for major projects that align with Saudi Vision 2030.

"This investment will help the company expand our services, deliver smarter and more flexible procurement solutions to the construction industry, and support the initiatives of Saudi Vision 2030," said Ayman Al-Jehani, Founder and CEO of Builtop. Ayman Al Juhani, Founder and CEO of Builtop, said: “This investment will help the company expand our services, deliver smarter and more flexible procurement solutions to the construction industry, and support the initiatives of Vision 2030.”

Builtop, founded in 2024 by Ayman Al Juhani, provides blended finance solutions including Buy-Now-Pay-Later or trade credit, to help enable contractors and suppliers to manage cash flow and improve the efficiency of procurement and supply operations.

Builtop's platform is aimed at enabling contractors and suppliers to manage cash flow and improve the efficiency of procurement and supply operations. The platform aims to become the digital procurement arm for the construction and real estate sectors within Saudi Arabia by enabling smarter, faster and more transparent processes that are aligned with Saudi Arabia's economic transformation and modern infrastructure.

The platform combines digital procurement, blended finance and AI-powered tools.