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.

Who is the current CEO of Raken?

Kyle Slager and Ty Kalklosch s of Raken.

How many employees does Raken have?

As of Aug 31, 2026, the latest employee count at Raken is 153.

Is Raken a funded company?

Raken is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 03, 2017.

When was the latest funding round of Raken?

Raken's latest funding was a $***** Series A round on Jun 04, 2018, with participation from 6 investors.

Where does Raken rank among its competitors?

Raken ranks 4th amongst 764 active competitors, of which 99 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Render Networks, which secured $14.3M in Apr, 2026.

Who are the top competitors of Raken?

Raken's top competitors include BuildOps, PlanRadar and XYZ Reality. Among them, Render Networks secured the most recent funding round in April, 2026.

Raken - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cloud-based tasks management and collaboration software for the construction sector. It allows users to maintain work logs, create notes, share photos, manage tasks, and generate reports. It also offers tools for production tracking, quality control, construction checklists, data collection from fields, etc. It is a tool available on the subscription based pricing model.

Website: www.rakenapp.com/
Social

Key Metrics

Founded Year

2012

Location

San Diego, United States

Stage

Acquired

Total Funding

$12M in 2 rounds

Latest Funding Round

Series A, Jun 04, 2018, $*****

Investors

USVP & 7 more

Ranked

4^th among 764 active competitors

Employee Count

153 as on Aug 31, 2026

Similar Companies

PlanRadar & 744 more

Exit Details

Acquired by Sverica Capital (Sep 09, 2025)

View Raken's full profile

Raken is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RAKEN, INC CIN: 45-5301231 , United States, Active	May 08, 2012	-	73 (As on Dec 31, 2020)	-

Raken got acquired by Sverica Capital on Sep 09, 2025.

Click here to take a look at Raken's acquisition in detail

Raken has raised a total funding of $12M over 2 rounds. Its first funding round was on Mar 03, 2017. Its latest funding round was a Series A round on Jun 04, 2018 for $*****. 6 investors participated in its latest round. Raken has 8 institutional investors.

Here is the list of recent funding rounds of Raken:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 04, 2018	4165817	Series A	7900669	3936416	2020372	4457298
Mar 03, 2017	3728936	Seed	1561581	9246683	Rincon Venture Partners	Eniac Ventures & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of Raken's funding rounds and investors

The founders of Raken are Kyle Slager and Kevin Mckee.

Here are the details of Raken's key team members:

Kyle Slager: Founder & CEO of Raken and founder of 1 other company.
Kevin Mckee: CTO / Co-founder of Raken.
Ty Kalklosch: Founder & CEO of Raken and founder of 1 other company.

View details of Raken's Founder profiles and Board Members

Raken's employee count trend

Raken has 153 employees as of Aug 26. Here is Raken's employee count trend over the years:

Uncover Raken's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Raken include BuildOps, PlanRadar and XYZ Reality. Here is the list of Top 10 competitors of Raken, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BuildOps 2018, Santa Monica (United States), Series C	Software solution for facility management and commercial contractors	$226M	Fika Ventures, Meritech & 31 others	70/100
2nd	PlanRadar 2013, Vienna (Austria), Series B	Provider of construction and real estate management software platform solutions	$103M	Insight Partners, Headline & 13 others	68/100
3rd	XYZ Reality 2017, London (United Kingdom), Series A	Provider of cloud-based augmented reality software for construction professionals	$34.5M	Octopus Ventures, Hoxton Ventures & 16 others	64/100
4th	Raken 2012, San Diego (United States), Acquired	Cloud-based tasks management and collaboration software for the construction sector	$12M	Cheyenne Ventures, Rincon Venture Partners ... & 6 others	64/100
5th	Trunk Tools 2021, New York City (United States), Series B	Provide software for project leaders to address the skilled labor shortage and align workers incentives	$70M	Redpoint Ventures, Insight Partners & 7 others	63/100
6th	Fyld 2019, London (United Kingdom), Series B	Provider of an AI platform for fieldwork operations management	$79.2M	Energy Impact Partners, Ontario Teachers' Pension Plan ... & 5 others	63/100
7th	Powerplay 2020, Bengaluru (India), Series A	Provider of SaaS-driven communication and collaboration software for construction professionals	$15.6M	Accel, India Quotient & 12 others	62/100
8th	PlanGrid 2011, San Francisco (United States), Acquired	Provider of collaboration on web and mobile for field construction	$58M	Tenaya Capital, Northgate Capital & 7 others	61/100
9th	Hyphen Solutions 1998, Addison (United States), Series A	Collaboration and scheduling software for home construction sector	-	GreyLion Capital, Perella Weinberg Partners ... & 3 others	60/100
10th	Render Networks 2013, Glen Iris (Australia), Acquired	Provider of construction management platform for telecom and utility network infrastructure	$14.3M	Borderless Capital, Exit Velocity	59/100