Tech Company Financing Transactions
Raken Funding Round
On 6/6/2018, Raken received $10 million in Series A funding from U.S. Venture Partners, Eniac Ventures and Rincon Venture Partners.
Transaction Overview
Company Name
Announced On
6/6/2018
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
U.S. Venture Partners (Lead Investor) (Dafina Toncheva)
Eniac Ventures (Timothy Young)
Rincon Venture Partners (John Greathouse)
Proceeds Purpose
The funding will be used to finance aggressive expansion of the existing product line for our already expanding customer base, while developing additional construction field management workflows.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
San Diego, CA 92007
USA
San Diego, CA 92007
USA
Phone
Website
Email Address
Overview
Raken, named the #1 daily reporting app at AGC National, has revolutionized daily reporting in the construction industry. Raken provides customers innovative mobile technology that creates professional company branded daily reports automatically from inputs made throughout the day by superintendents and foreman.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kyle Slager
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