Raken
“Can a mobile-first field-reporting app become the connective tissue between construction jobsites and back-office ERP/payroll systems?”
Founded2014
HQCarlsbad, California, United States
Total raised$12M
Latest roundBuyout/LBO
IndustryVertical SaaS / Construction
The story
Raken started in 2014 as a simple mobile daily-reporting tool for construction crews and expanded into a broader field-management suite covering time tracking, safety/quality, production tracking, and document management. The product is deeply integrated with construction ERPs (Sage, Viewpoint, CMiC, QuickBooks, Deltek ComputerEase) via the Trimble AppXchange and direct APIs — the strategic wedge is being the field-data source of truth that flows into the customer's accounting/payroll system, rather than operating financial products itself.
Last 12 months
Product timeline
2014
Raken founded as a mobile daily-reporting app for construction field teams· launch
2020
Expanded platform to time tracking, safety, and production tracking· product
2026
Launched Raken AI features (Daily Report Summaries, Photo Tagging)· product
The stack
2 layers disclosed in Raken’s embedded-finance stack
Payments / PSP
Accounting
in the full report
Accounting gap: none
13 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.