Rhumbix

Rhumbix

Private
Lafayette, CaliforniaEnterprise Softwarehttps://www.rhumbix.com

Last Round

Strategic

Oct 11, 2022

Total Funding Raised

$43.03M

Company Overview

Rhumbix is a developer of a mobile-first, cloud-based software platform designed for the construction industry. The platform digitizes and streamlines field operations such as timekeeping, production tracking, and time and materials reporting. By capturing data from the field in real-time, Rhumbix aims to connect the field workforce with project management in the office, providing data-driven insights to improve productivity, efficiency, and safety. Founded in 2014 by US Navy veterans, the company's tools are built to be configurable to a contractor's specific workflow and serve general contractors, trade contractors, and project owners.

Sector

Enterprise Software

Verticals

Construction Tech, Vertical SaaS, Project Management, Business Intelligence, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

construction timekeepingfield data capturecontechconstruction field appproduction trackingdaily construction reportstime and materials trackingT&M trackingjob costing softwareconstruction analyticsdigital timecardsconstruction workflow automationERP integrationcustom forms

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Rhumbix Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Rhumbix Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
StrategicOct 11, 2022
VC RoundSep 21, 2021
Series BJun 20, 2019
Series A ExtensionAug 15, 2018
Series A ExtensionOct 18, 2017
Series A Extension
Nov 30, 2016

Key People

Founding team and executive leadership

Zach Scheel

Co-founder CEO

Founding Team

Rob Blau

Chief Technology Officer

Executive Team

Rhumbix Investors

Notable investors and investment history

InvestorRounds
Greylock PartnersVC Round, Series A Extension, Series B, Series A
S28 CapitalSeries B, Series A Extension
Glynn CapitalVC Round, Series A Extension, Series B
South Park VenturesSeries B
Blackhorn VenturesVC Round, Series A Extension, Series B
Kiddar CapitalSeries A Extension
TFX CapitalVC Round

Market signals

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  • Apr 3, 2025

    Jigisha Desai joins as an independent director.

Rhumbix Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Rhumbix Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersLafayette, California
Employee Range36
Year Founded2014
Last FundingOct 11, 2022

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