Fundz

WakeCap raises $28M in Series A funding led by UP.Partners to enhance its project intelligence platform and expand market presence.

PRIVATEMay 14, 2025

Amount Raised

$28 Million

Round Type

Series A

Palo AltoConstruction

Investors

Graphene VenturesUp.Partners

Description

WakeCap, based in Riyadh, Saudi Arabia, raised $28M in Series A funding. The round was led by UP.Partners, with participation from Graphene Ventures and others. The funds will help in consolidating its presence and enhancing product capabilities. The platform is currently used in several high-profile projects across multiple countries.

Quick answer

WakeCap raised $28 Million in a Series A round, dated May 14, 2025. Investors: Graphene Ventures and Up.Partners. WakeCap is based in Palo Alto, California, United States.

How much did WakeCap raise?
WakeCap raised $28 Million in a Series A round on May 14, 2025.
Who invested in WakeCap?
Graphene Ventures and Up.Partners are named as investors in this round.
What does WakeCap do?
WakeCap is a leading IoT platform for construction project management, with a focus on boosting productivity and safety in large construction projects.
Where is WakeCap based and how big is it?
WakeCap is based in Palo Alto, California, United States. Fundz records about 79 employees.

Source: Fundz verified event record.

Who else raised in Construction around the same time

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

  • Klutch AI raised $8M (Seed) on June 26, 2025.
  • HydroBlok raised $6M (Series A) on June 17, 2025.
  • RUI Holdings raised $500K (Seed) on June 10, 2025.
  • Automated Architecture raised $6.9M (Funding Round) on June 4, 2025.
  • Conquest Flamebar raised an undisclosed amount on June 4, 2025.
  • Litehaus raised $1.7M (Seed) on June 2, 2025.

Who to call at WakeCap, and when

A new round usually means WakeCap is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

WakeCap

Location

Palo Alto, California, United States

About

WakeCap is a leading IoT platform for construction project management, with a focus on boosting productivity and safety in large construction projects. It offers real-time visibility, highly accurate project data, and an innovative wearable and cloud solution. WakeCap has a strong presence in Saudi Arabia and the United States, with deployments on mega sites and giga sites, averaging over 2,000 workers per project and logging over 70 million worker-hours.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

WakeCap 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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