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 Jun 30, 2026, the latest employee count at Raken is 150.

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 6th amongst 605 active competitors, of which 96 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Fyld, which secured $41M in Feb, 2026.

Who are the top competitors of Raken?

Raken's top competitors include BuildOps, XYZ Reality and PlanRadar. Among them, Fyld secured the most recent funding round in February, 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

6^th among 605 active competitors

Employee Count

150 as on Jun 30, 2026

Similar Companies

PlanRadar & 605 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	2904533	Series A	2437795	2673370	9639770	6767667
Mar 03, 2017	7207343	Seed	8534103	7510459	Rincon Venture Partners	Eniac Ventures & 1 more

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View details of Raken's funding rounds and investors

The founders of Raken is Kyle Slager.

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

Kyle Slager: Founder & CEO of Raken and founder of 1 other company.
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 150 employees as of Jun 26. Here is Raken's employee count trend over the years:

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Top competitors of Raken include BuildOps, XYZ Reality and PlanRadar. 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 & 30 others	70/100
2nd	XYZ Reality 2017, London (United Kingdom), Series A	Provider of cloud-based augmented reality software for construction professionals	$34.5M	Amadeus Capital, Octopus Ventures & 16 others	68/100
3rd	PlanRadar 2013, Vienna (Austria), Series B	Provider of construction and real estate management software platform solutions	$103M	Insight Partners, Quadrille Capital & 12 others	68/100
4th	HammerTech 2015, Melbourne (Australia), Series B	Provider of construction safety and compliance management software platform solutions	$77.1M	Riverwood Capital, Arrowroot Capital Management ... & 8 others	67/100
5th	Powerplay 2020, Bengaluru (India), Series A	Provider of SaaS-driven communication and collaboration software for construction professionals	$15.6M	Accel, India Quotient & 12 others	67/100
6th	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	65/100
7th	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	Insight Partners, Redpoint Ventures & 7 others	63/100
8th	Fyld 2019, London (United Kingdom), Series B	Provider of an AI platform for fieldwork operations management	$79.2M	Ontario Teachers' Pension Plan, Energy Impact Partners ... & 5 others	63/100
9th	Fieldwire 2013, San Francisco (United States), Acquired	Provider of a cloud-based collaboration platform for construction project teams	$40.4M	Menlo Ventures, Formation 8 & 10 others	63/100
10th	PlanGrid 2011, San Francisco (United States), Acquired	Provider of collaboration on web and mobile for field construction	$58M	Tenaya Capital, Northgate Capital & 6 others	62/100