Fundz

Sverica Capital Management has made a strategic growth investment in Raken, enhancing their field management software for the construction industry. This investment aims to support Raken's expanding customer needs and innovative solutions.

PRIVATESep 09, 2025

Round Type

Venture

CarlsbadSoftwareConstruction

Investors

Sverica Capital Management

Description

Sverica Capital Management LP announced a strategic growth investment in Raken, a field management software provider for the construction industry. Raken's platform aids over 4,500 construction firms. The investment will bolster Raken’s services and product features while expanding their capabilities. CEO Ty Kalklosch will continue to lead the company.

Quick answer

Raken raised an undisclosed amount in a funding round, dated September 9, 2025. Investors: Sverica Capital Management. Raken is based in Carlsbad, California, United States.

How much did Raken raise?
Raken raised an undisclosed amount in a funding round on September 9, 2025.
Who invested in Raken?
Sverica Capital Management is named as investors in this round.
What does Raken do?
Raken is a cloud-based, mobile, daily reporting and field management platform for contractors.
Where is Raken based and how big is it?
Raken is based in Carlsbad, California, United States. Fundz records about 148 employees.
Who are the decision-makers at Raken?
Fundz holds 1 contact at Raken. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Construction and Software around the same time

Companies in the same sectors as Raken that raised within 45 days of this round, from Fundz verified event records.

  • SKYX Platforms raised $9.6M on October 17, 2025.
  • Planera raised $8M (Funding Round) on October 13, 2025.
  • Crusoe raised $1B on October 8, 2025.
  • ConCntric raised $10M (Series A) on October 7, 2025.
  • SKYX Platforms raised $6M on September 2, 2025.
  • SKYX Platforms raised $153K on August 15, 2025.

Who to call at Raken, and when

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Company Information

Company

Raken

Location

Carlsbad, California, United States

About

Raken is a cloud-based, mobile, daily reporting and field management platform for contractors. We enable superintendents, foreman and project managers to streamline field workflows by creating accurate daily reports, time cards, and more in less time. We work with commercial, residential, and specialty contractors of all shapes and sizes. Raken's digital toolbox allows you to manage/document accidents & delays, subcontractor information, site safety & quality control observations, project photos, weather, task lists, equipment rental, jobsite visitors, time cards, and more!

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Fundz sees it the moment Raken raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Raken raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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