Riyadh – Mubasher: Saudi-based construction-tech startup Fitting has closed a $500,000 pre-seed funding round led by a strategic angel investor, according to a press release.
Fitting will use the investments to support tech infrastructure upgrades, scale the team, and boost strategic partnerships in the construction materials sector.
Established in 2024 by Ahmed Rian and Abdulaziz Almubayad, the startup aims to address the inefficiencies in the Saudi construction supply chain. It bridges wholesale suppliers, retailers, and developers, digitizing the procurement of building materials.
"This investment is not just financial support—it’s validation of our vision to reshape one of the Kingdom’s most vital industries," the Fitting founding team stated.
"We are building more than a platform; we are creating an integrated ecosystem that empowers all stakeholders in the construction supply chain."
The Saudi construction sector is undergoing a major transformation under Vision 2030, driven by mega-projects such as NEOM, Qiddiya, and large-scale housing initiatives.
Fitting aims to position itself as a central player in this ecosystem, allowing suppliers to reach new customers and enabling developers and retailers to secure better deals faster and more efficiently.
