Our portfolio company Raken, a leading field management platform for the construction industry, has announced a majority investment from Sverica Capital. The partnership is expected to support Raken’s continued expansion, product innovation, and growing customer base.
Raken has scaled significantly in recent years, expanding from 13,000 to over 70,000 users and evolving from a daily reporting tool into a comprehensive platform that helps construction teams manage time tracking, safety, scheduling, and project workflows. With Sverica’s backing, the company is well-positioned to further strengthen its role as a trusted technology partner for construction professionals nationwide.