Shatib

Based in Riyadh, Saudi Arabia, Shatib specializes in the procurement of bulk construction and finishing materials, effectively addressing the needs of both residential and commercial projects while enhancing purchasing transparency. Founded in 2021, Shatib is dedicated to providing essential construction materials. The company has executed one deal to date, with its most recent funding taking place on November 19, 2025. In this round, Shatib raised SAR 2.

8 million in pre-seed funding, aimed at expanding its operational capabilities. The founder's background is not detailed, and there are currently no known subsidiaries or parent companies. SHATIB specializes in the supply of high-quality construction and finishing materials, targeting the needs of both residential and commercial projects. The company’s core offerings are centered around an integrated procurement system that enhances governance and transparency in purchasing processes.

Utilizing a collective purchasing model, SHATIB aims to reduce costs while delivering efficient financial solutions to improve cash flows for its clients. The company serves a diverse client base that includes contractors, developers, and procurement units, primarily within the Middle Eastern market. By providing comprehensive solutions that ensure prompt execution and performance efficiency, SHATIB caters to the evolving demands of the construction sector, thereby facilitating the successful realization of various building projects. SHATIB generates revenue through its structured transactions, which primarily involve direct sales to commercial clients and contractors in the construction industry.

The company engages in B2B transactions, offering its range of construction materials and financing services to streamline purchasing for its clientele. Flagship offerings may include various categories of building materials, with specific pricing plans tailored to meet the needs of their commercial partners. Customers benefit from monthly market reports on construction materials, which aid in informed decision-making related to procurement, thereby enhancing SHATIB’s value proposition. The financial model is designed to foster long-term partnerships, ensuring stable revenue streams through repeat business and ongoing client engagements.

In November 2025, Shatib raised SAR 2. 8 million in pre-seed funding from an individual investor. The company plans to utilize this funding to expand its platform, increase bulk material purchases, and enhance its financing and procurement services. Shatib is strategically focusing on expanding its presence within the Middle Eastern market, ensuring that it can meet the growing demands for construction materials as the region develops further.