{"id":42504,"date":"2025-04-15T14:01:00","date_gmt":"2025-04-15T11:01:00","guid":{"rendered":"https:\/\/entarabi.com\/?p=42504"},"modified":"2025-04-16T15:15:03","modified_gmt":"2025-04-16T12:15:03","slug":"trubuild-raises-1-million-seed-round","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/04\/trubuild-raises-1-million-seed-round\/","title":{"rendered":"TruBuild Raises $1 Million Seed Round"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>TruBuild secured $1 million in seed funding, led by Wa\u2019ed Ventures and Dar Ventures.<\/li>\n\n\n\n<li>The AI-powered platform identifies early risks, automates documentation, and improves coordination among project stakeholders.<\/li>\n\n\n\n<li>TruBuild combines global expertise with Saudi-led AI innovation to advance the goals of Saudi Vision 2030.<\/li>\n<\/ul>\n\n\n\n<p><strong>Riyadh, Saudi Arabia \u2013 <\/strong><a href=\"https:\/\/trubuild.io\/\" rel=\"nofollow noopener\" target=\"_blank\">TruBuild<\/a>, a Saudi-based construction technology startup co-founded by Bisrat Degefa (CEO) and Dr. Sari Sabban (CTO), has raised $1 million in Seed funding to transform how construction projects are delivered, with a focus on eliminating cost overruns, delays, and misalignment in large-scale developments.<\/p>\n\n\n\n<p>The round was led by <a href=\"https:\/\/www.waed.net\/\" rel=\"nofollow noopener\" target=\"_blank\">Wa\u2019ed Ventures<\/a>, the $500 million VC arm of <a href=\"https:\/\/www.aramco.com\/en\" rel=\"nofollow noopener\" target=\"_blank\">Saudi Aramco<\/a>, and<a href=\"https:\/\/darventures.vc\/\" rel=\"nofollow noopener\" target=\"_blank\"> Dar Ventures<\/a>, the venture capital arm of Dar. Additional participants included <a href=\"https:\/\/www.plugandplaytechcenter.com\/venture-capital\/ventures-team\" rel=\"nofollow noopener\" target=\"_blank\">Plug &amp; Play Ventures<\/a>, <a href=\"https:\/\/oqal.org\/en\/\" rel=\"nofollow noopener\" target=\"_blank\">OQAL<\/a>, <a href=\"https:\/\/www.linkedin.com\/company\/taz-investment\/\" rel=\"nofollow noopener\" target=\"_blank\">Taz Investment<\/a>, and notable angel investors such as Simon Moon, former CEO of Atkins Middle East. TruBuild previously received early backing from <a href=\"https:\/\/www.antler.co\/\" rel=\"nofollow noopener\" target=\"_blank\">Antler<\/a> MENAP during the Riyadh 2023 cohort.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a><\/a>Tackling Construction\u2019s $1.6 Trillion Problem at a Global Scale<\/h2>\n\n\n\n<p>The construction industry loses more than $1.6 trillion each year due to unexpected project changes, vague scopes, and miscommunications, often with no clear traceability across teams.<\/p>\n\n\n\n<p>TruBuild is tackling this head-on. Its AI-powered platform integrates directly with tools used by contractors, consultants, and project owners, quietly working in the background to surface early-stage risks, automate documentation, and align stakeholders, helping teams avoid rework and move faster, together.<\/p>\n\n\n\n<p>By embedding intelligence into everyday workflows, TruBuild helps reduce admin burden, clarify decisions, and speed up tender evaluations, contract awards and change approvals&nbsp; by up to 80%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a><\/a>Bridging Global Expertise with Saudi Vision 2030<\/h2>\n\n\n\n<p>TruBuild\u2019s model is a direct response to the Kingdom\u2019s need for smarter, more efficient infrastructure. By blending British construction expertise with Saudi-led AI R&amp;D, the company supports Vision 2030\u2019s objectives to localise innovation and modernise public and private sector project delivery.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTruBuild is combining the best of British construction expertise with cutting-edge Saudi AI R&amp;D to support the realisation of the Saudi Vision 2030 and beyond.\u201d<br>&nbsp;\u2014 Matt Jones, Saudi British Joint Business Council<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><a><\/a>Strategic Support from Key Investors and Institutions<\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe fully believe in TruBuild\u2019s mission to eliminate costly project changes and variations, in line with our mission to invest in impactful businesses in the construction sector.\u201d<br>&nbsp;\u2014 Anas Algahtani, Wa\u2019ed Ventures<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><a><\/a>Trusted by Leading Project Developers<\/h3>\n\n\n\n<p>TruBuild is already embedded within projects led by major developers in Saudi Arabia, including Osool Real Estate Company.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTruBuild\u2019s approach is an integral part of our digital strategy, allowing Osool to procure and develop projects more efficiently.\u201d<br>&nbsp;\u2014 David Watkins, Chief Project Development Officer, Osool Real Estate<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh, Saudi Arabia \u2013 TruBuild, a Saudi-based construction technology startup co-founded by Bisrat Degefa (CEO) and Dr. Sari Sabban (CTO), has raised $1 million in Seed funding to transform how construction projects are delivered, with a focus on eliminating cost overruns, delays, and misalignment in large-scale developments. The round was led by Wa\u2019ed Ventures, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":42491,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[7782,5131],"class_list":["post-42504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-trubuild","tag-waed-ventures-2"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/42504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=42504"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/42504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/42491"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=42504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=42504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=42504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}