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’ed Ventures, the $500 million VC arm of Saudi Aramco, and Dar Ventures, the venture capital arm of Dar. Additional participants included Plug & Play Ventures, OQAL, Taz Investment, and notable angel investors such as Simon Moon, former CEO of Atkins Middle East. TruBuild previously received early backing from Antler MENAP during the Riyadh 2023 cohort.
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.
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.