Raken Company Market Research Report

Company Overview

Name: Raken
Mission of the Company: Empower the people who build the world by creating easy-to-use field management solutions for construction companies of all sizes.
Founded: No information is available
Founder(s): No information is available
Key People:

Ty Kalklosch, Chief Executive Officer

Jim Kelly, Chief Financial Officer

Nate Taylor, Chief Revenue Officer

Thiago Nascimento, Vice President, Customer Success

Mike Bates, Vice President, Product & Strategy

Sam Schmidt, Vice President, Engineering

Adam Saadia, Vice President, Finance

Michelle Hammer, Vice President, Marketing

Headquarters: 703 Palomar Airport Rd. Suite 300, Carlsbad, CA 92011
Number of Employees: No information is available
Revenue: No information is available
Known For: Raken is known for its field-first design in construction management software that improves visibility, reduces risk, and provides real-time updates from job sites.

Products

Product Offering: Raken provides construction management software solutions focusing primarily on field management with real-time data capture and cloud storage capabilities.

Product Descriptions and Features:

1. Raken Field Management App

Description: A mobile and web application designed to streamline the construction site data collection, reporting, and management processes.

Key Features:

Daily Reports: Provides real-time reporting capabilities with options to add photos, notes, and attachments.

Time Tracking: Offers flexible time entry options for accurate time tracking.

Safety & Quality Management: Includes managed checklists and toolbox talks to address safety and quality control.

Document Management: Securely store and organize all project documents in one place.

Integrations: Seamlessly connects with popular solutions for accounting, project management, etc.

Recent Developments

New Developments:

September 27th, 2024: Raken expanded their construction equipment management solution with enhanced tracking, reporting, and maintenance capabilities.

August 5th, 2024: Expanded partnership with Sage for faster, easier payroll for contractors.

June 5th, 2024: Launched an AI-powered field management solution.

December 19th, 2023: Released new solutions for time, safety, and quality management.

New Products and Features:

October 27th, 2020: Launched new checklists feature to prioritize safety and prevent issues in the field.

September 17th, 2020: Introduced a feature enabling more collaborative daily reporting for construction crews.

New Partnerships:

Previous partnerships were expanded, such as the partnership with Sage and collaborations with software like QuickBooks, Viewpoint Spectrum, Egnyte, and Sage 300 CRE for improved integration and workflow automation.

Conclusion

This report outlines Raken as a formidable entity in the field of construction management software, notable for its intuitive design that bridges field operations with office management seamlessly. Recent expansions and launches signify their commitment to innovation and increased value delivery to their clients, underpinning their status as a leader in digital construction management solutions.