About Raken
Raken is a company based in San Diego (United States) founded in 2012 was acquired by Sverica Capital in September 2025. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Raken has raised $12 million across 3 funding rounds from investors including USVP, Tao Capital Partners and Eniac Ventures. Raken offers products and services including Raken Construction Management Software, Daily Progress Reporting, Time & Production Tracking, and Safety & Quality Management. Raken operates in a competitive market with competitors including Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others.
- Headquarter San Diego, United States
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Sectors
Real Estate & ConstructionTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Raken, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
USVP
& 6 more
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Employee Count
Employee Count
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Acquired by
Sverica Capital
(Sep 09, 2025)
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Products & Services of Raken
Raken offers a comprehensive portfolio of products and services, including Raken Construction Management Software, Daily Progress Reporting, Time & Production Tracking, and Safety & Quality Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Field data is captured and shared in real-time.
Field documentation is streamlined with reports and media.
Work hours and resources are tracked efficiently daily.
Risk is reduced through checklists and observations.
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Funding Insights of Raken
Raken has successfully raised a total of $12M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(03 Mar 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series B - Raken | Valuation |
investors |
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| Jun, 2018 | Amount | Series A - Raken | Valuation | USVP , Tao Capital Partners | |
| Mar, 2017 | Amount | Seed - Raken | Valuation | Rincon Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Raken
Raken has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include USVP, Tao Capital Partners and Eniac Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm that focuses on early stage investments in the US
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Raken
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Raken
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Raken Comparisons
Competitors of Raken
Raken operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
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| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
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| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
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| domain | founded_year | HQ Location |
Cloud-based project management software is delivered for construction projects.
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| domain | founded_year | HQ Location |
Mobile-first quality management and field management solution for construction projects
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| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Raken
Frequently Asked Questions about Raken
When was Raken founded?
Raken was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is Raken located?
Raken is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Raken a funded company?
Raken is a funded company, having raised a total of $12M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Mar 03, 2017.
What does Raken do?
Construction management software is offered by Raken to streamline field-to-office communication. Real-time data capture is enabled through mobile and web apps, focusing on daily progress reporting, time tracking, safety management, and document storage. Various construction sectors, including subcontractors and general contractors, are served with solutions for productivity and risk reduction. Integration with other construction technologies is supported to enhance project visibility and decision-making.
Who are the top competitors of Raken?
Raken's top competitors include XYZ Reality, PlanGrid and Powerplay.
What products or services does Raken offer?
Raken offers Raken Construction Management Software, Daily Progress Reporting, Time & Production Tracking, and Safety & Quality Management.
Who are Raken's investors?
Raken has 7 investors. Key investors include USVP, Tao Capital Partners, Eniac Ventures, Bonfire Ventures, and Rincon Venture Partners.
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