Watad

Watad

Saudi ArabiaSaudi Arabia
•Seed•Founded 2025•Updated 2h ago
Construction techFintechSupply chain technologyB2B11-25 employees
Serial EntrepreneurSerial EntrepreneurVC-Backed FounderVC-Backed Founder

About

Watad is a Saudi-built digital procurement platform for the construction industry, live in Saudi Arabia since 2025. Contractors upload a bill of quantities or build RFQs item by item, matched suppliers price against spec, and credit is scored and drawn at checkout. Watad buys, delivers, and invoices, turning each project step into durable, project-level data.

Traction & Metrics

Users & Clients

500

Users

Team

Abdulrahman

Abdulrahman

CEO

Saleh

Saleh

COO

Abid

Abid

Other

Salah

Salah

CTO

Mohammed

Mohammed

CPO

Tahir

Tahir

Other

Products

Provide Financing

Credit Assessment Engine

Watad Construction Procurement Platform

A digital procurement platform for contractors and suppliers in Saudi construction, addressing manual quoting, phone-based sourcing, and paper credit. Contractors upload a BOQ or build an RFQ item by item, suppliers are matched and price against spec, and embedded credit is scored and drawn at checkout. The platform offers a catalog of 10M SKUs and turns every procurement step into structured project data.

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Procurement as a Service

An outsourced procurement service for large Saudi institutions, led by an exclusive partnership with the National Housing Company (NHC). Watad sources materials on behalf of institutions and extends financing to their clients, backed by assignment of proceeds from NHC.

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Updates

9.7 Million Generated Last Year 2025

On Track to do 30 Million by EOY

0 NPLS

Secure Lead investor

https://zacuaventures.com/