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Builtop, a Saudi digital procurement startup for the construction and real estate sectors, has raised $11 million in a round led by TAM Capital with participation from other investors. Founded in 2024 by Ayman Aljohani, the company provides embedded finance “pay-later” trade credit, helping contractors manage cashflow and improve procurement efficiency. The funding will fuel Saudi expansion, enhance AI capabilities, and support Vision 2030 infrastructure projects through smarter procurement and financing models. Press release: Builtop, a Saudi digital procurement startup transforming construction and real estate operations, has raised $11 million in a funding round led by TAM Capital, with participation from other investors. Founded in 2024 by Ayman Aljohani, Builtop provides embedded finance solutions, including “pay-later” trade credit, helping contractors and suppliers manage cashflow, streamline material sourcing, and accelerate project delivery. The platform combines digital procurement, embedded finance, and AI-powered tools to improve operational efficiency and transparency across the construction and real estate sectors. The new funding will support Builtop’s expansion across Saudi Arabia, enhancement of its AI-driven procurement systems, and development of tailored solutions for large-scale infrastructure projects aligned with Saudi Vision 2030. “This investment enables us to expand our offerings, support Vision 2030 initiatives, and deliver smarter procurement solutions to the construction industry,” said Ayman Aljohani, Founder and CEO of Builtop. Builtop aims to position itself as Saudi Arabia’s digital procurement backbone, enabling smarter, faster, and more transparent construction operations in one of the Kingdom’s most strategic sectors.

The founder and CEO of C&B reflects on the company’s evolution, the thinking behind the new positioning, and how C&B plans to stay relevant in the changing communications landscape The post Empowered by Facts: Cicero & Bernay’s Ahmad Itani on its next chapter appeared first on Gulf Business.