Saudi ConTech Startup Fitting Raises $1.1 Million Seed Round
Saudi ConTech Startup Fitting Raises $1.1 Million Seed Round
The construction supply chain platform will use the funding to expand across Saudi Arabia and strengthen its technology.
Fitting, a Saudi construction technology (ConTech) startup focused on digitising construction supply chains, has raised $1.1 million in its second seed funding round to accelerate its expansion across the Kingdom.
The round included participation from a strategic investor in the contracting and real estate development sector, providing the company with both capital and industry expertise as it scales its operations.
Fitting develops digital tools that automate procurement and supply chain management for the construction industry, helping suppliers, contractors and real estate developers streamline operations and improve coordination across projects. The company said the new funding will be used to expand into key Saudi markets while strengthening its technology platform and operational capabilities.
"Closing our second investment round, valued at $1.1 million, represents an important milestone in Fitting's journey and supports our plans to accelerate our expansion and strengthen our technological and operational capabilities," Mohammed Al-Mubayed, Founder and CEO of Fitting, said in a statement. "We believe that the digitisation of supply chains has become a key factor in improving the efficiency of the construction sector."
The investment comes as Saudi Arabia's construction and real estate sectors continue to grow, driven by large-scale infrastructure and development projects that are increasing demand for digital procurement and supply chain solutions.
Alongside its commercial expansion, Fitting said it plans to invest in developing Saudi talent by creating employment and training opportunities for young professionals. The company said these efforts align with Saudi Vision 2030, particularly its goals of advancing digital transformation, fostering innovation and strengthening national human capital.
Related Stories
Business
German startup Isar reaches orbit in boost to Europe’s homegrown launch ambitions
3 hours ago
Business
Wonderful is growing like Wiz, but its business is very different
3 hours ago
Business
Business denied flood insurance worried for future
4 hours ago
Business
Trump signs order to remove endangered species protection for grey wolves
4 hours ago
Business
Indian Bank to open representative office in Dubai to expand foreign operations
4 hours ago
Business
63,000 Startup Ideas Narrowed Down to 1,100 Businesses… What Round 2 of 'Startup for All' Showed
4 hours ago
Business
Israel claims control of Lebanon’s key Ali al
5 hours ago
Business
How Zeelab Is Turning Its Affordable Pharma Play Into A ₹200 Cr Business
5 hours ago