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Buildnow

Last funding round

Raised
$9,400,000
Round
Seed
Investors
Led by Khwarizmi Ventures,Raed Ventures

Funding News (2)

Mar 5 2024Wamda

Startup details

Buildnow

Buildnow

Buildnow, founded in 2022, is a Saudi Arabia-based proptech company that operates a build-now-pay-later platform, supplying materials on credit terms tailored for the buyer while paying cash upfront to the SME suppliers. The company digitally captures data points to better assess credit risk and enable the supply of materials on credit terms.
buildnow.sa
Saudi Arabia
Established in 2022
11-50 People
Real Estate and Construction, Housing and Real Estate

Founders

Rahat Dewan

Rahat Dewan

Co-Founder,

Boston, Massachusetts, United States

Hisham Al Saleh

Co-Founder & CFO

Riyadh, Saudi Arabia

Abdulla Sheikh

Abdulla Sheikh

Riyadh, Saudi Arabia

Investment details

Raised
$9,400,000
Round
Seed
Investors
Khwarizmi Ventures
LEAD
Raed Ventures
LEAD
Abdulla Elyas

Funding News (1)

Mar 4 2024BNN

Founder Stories

Dr. Sterghois Moschos, PulmoBioMed

Recent 5 from Saudi Arabia

Jun2024
1

2 weeks ago

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Riyadh-based SiFi provides a spend management platform with corporate cards for automated expense processes.
Sifi

Founders

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In News

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2

4 weeks ago

Merit raised $12M led by Alistithmar Capital i-Cap
Saudi Arabia-based Merit is a customer and engagement technology company with a global operation across over 160 countries.
Merit

Founders

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Julie

In News

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GlobeNewswire News Room
3

1 month ago

Abyan Capital raised $18M led by STV and 1 other
Saudi financial robo-advisory firm Abyan Capital provides automated solutions for long-term investments in Saudi Arabia.
Abyan Capital

Founders

Saleh Al-Aqeel,

Abdullah Al-Jeraiwi,

Omar Al-Mania

In News

Arab News
Zawya
Wamda
4

3 months ago

Rakeez Capital raised a $2M Seed led by Core Vision
Saudi Arabia-based Rakeez Capital provides financing options for investors and companies through Sukuk issuance.
Rakeez Capital

Founders

Saeed Al-Ahmari

In News

Wamda
5

3 months ago

Mazadak raised $10M led by Revival Lab
Saudi Arabia-based Mazadak simplifies auctions through its e-commerce marketplace.
Mazadak

Founders

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In News

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My Blog
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