AI-powered construction tech startup TruBuild has closed a $1 million seed round, led by Waʼed Ventures, Dar Ventures, and Plug & Play Ventures. The funding will be used to enhance its AI platform, grow its engineering and commercial teams, and scale operations in Saudi Arabia and internationally.
TruBuild’s AI platform analyzes project data to identify risks early, providing real-time insights that integrate with existing tools, enabling faster decision-making and reducing inefficiencies. CEO Bisrat Degefa emphasized the platform’s role in transforming the construction process, making it more predictable and transparent. The company aims to address critical pain points in the industry and drive innovation in construction technology.
