StartupsVenture

Fitting Secures $500K in Pre-Seed Funding

 Fitting, the tech platform specialized in connecting building materials suppliers with real estate developers and retailers, founded by Abdulaziz Almubayad and Mohammed Almubayad , has announced the closing of a $500,000 pre-seed funding round, backed by a strategic angel investor.

This investment marks a key milestone in the company’s journey to reinvent the supply chain for the construction materials sector in Saudi Arabia.

Through its innovative digital platform, Fitting enables wholesalers, retailers, and real estate developers to connect more efficiently and complete transactions faster and with greater transparency.

A Tech Platform for Supply Chain Management

Fitting operates under a B2B business model, allowing real estate developers and retailers to request construction materials and receive offers from a wide network of suppliers.

The company generates revenue through transaction commissions and premium subscriptions, with future plans to introduce innovative logistics and financing solutions to support the sector’s growth.

العربية (Arabic) To read the article in Arabic, click here

محمد يحي

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صحافي اقتصادي، يغطي أخبار الأسواق والاستثمار وريادة الأعمال، ويقدّم تحليلات معمّقة تعكس تطورات الاقتصاد في المنطقة العربية
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