- Fitting raised USD 500K in pre-seed funding from an angel investor to digitize Saudi Arabia’s building materials supply chain.
- The B2B platform connects developers, retailers, and suppliers, streamlining procurement with transparent offers, commissions, and premium subscription revenues.
- With fresh capital, Fitting plans to expand its supplier network, scale operations, and introduce logistics and financing solutions.
Fitting
Saudi’s Fitting, secured USD 500 thousand pre-seed funding round led by an angel investor.
Up next, it aims to scale its operations, and expand its supplier network. Additionally, it seeks to transform the way building materials are sourced and delivered. It also plans to include innovative logistics and financing solutions aimed at further driving growth
Founded by Abdulaziz Al-Mubayyid and Mohammed Al-Mubayyid, Fitting is a tech platform connecting building material suppliers with real estate developers and retailers. Furthermore, it aims to revolutionize the building material supply chain in Saudi.
Construction
Through its digital platform, it enables wholesalers, retailers, and developers to connect and close deals more seamlessly. It operates under a B2B business model, thus allowing real estate developers and retailers to order building materials and receive offers from a wide network of suppliers. Moreover, it generates revenue through transaction commission and premium subscription.
This is in alignment with Saudi’s Vision 2030 as it aims to empower industry, drive growth and support the construction sector.
It is developing a software management system aiming to enhance dealing in the construction sector. This is by affording diverse products for retailers, helping suppliers manage orders, and improve logistics through the tracking system. It offers access to local deals, tracking features, language assistance, and a variety of suppliers. Furthermore,it aims to bridge retailers and suppliers in the Saudi construction market.
Ultimately, this represents a shift for the construction sectors and its increasing reliance on technology for supply chain efficiency.
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