Raken Garners $10,000,000 Series A Financing

Company Information

Company
Raken

Website

http://www.rakenapp.com

Location
Undisclosed San Diego, CA 92007

Description
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.

Transaction Details

  • Date – 6/6/2018
  • Transaction Type – Venture Equity
  • Transaction Amount – $10,000,000
  • Transaction Round – Series A
  • Acquire / Investor(s) – U.S. Venture Partners
  • Acquire / Investor(s) – Tao Capital Partners
  • Acquire / Investor(s) – Eniac Ventures
  • Acquire / Investor(s) – Rincon Venture Partners
  • Acquire / Investor(s) – Spider Capital