Rhumbix is a technology company.
Rhumbix has raised $12.0M across 2 funding rounds.
Rhumbix has raised $12.0M in total across 2 funding rounds.
Rhumbix has raised $12.0M in total across 2 funding rounds.
Rhumbix's investors include Bessemer Venture Partners, Blackhorn Ventures, Brick & Mortar Ventures, Kayyak Ventures, Rainfall Ventures, Task Force X Capital, Unless, DN Capital, FJ Labs, OVO Fund, Think + Ventures.
Rhumbix is a mobile-first, cloud-based platform providing field and workforce management solutions for the construction industry, including tools for timekeeping, production tracking, T&M (time and materials) tracking, daily construction reports, payroll management, and analytics.[1][2][3][4][5] It serves general contractors, trade contractors, subcontractors, project owners, and public sector entities by digitizing field workflows to deliver real-time data insights, reducing paperwork by up to 90-95%, improving labor productivity, and addressing challenges like supply disruptions, labor shortages, and rising costs.[1][4][6] The platform connects field workers with office teams, enabling faster decisions on labor, equipment, and materials, and is used by major players like Turner Construction and DPR, with strong growth in capturing millions of timekeeping hours across numerous projects.[1][3]
Founded in 2014 in Lafayette, California, by Navy veterans with deep construction industry experience, Rhumbix emerged to bridge the gap between field-level workers and home office management through real-time data capture and insights.[1][2][3] The founders drew from their service-oriented backgrounds in construction, technology, engineering, and product design to create a "worker-first" platform, prioritizing usability by collaborating directly with construction teams during development.[3][4] Early traction came from focusing on core pain points like accurate timekeeping and reporting, evolving into a comprehensive suite that has since powered reporting on thousands of projects and gained adoption among North America's largest contractors.[1][3]
Rhumbix rides the wave of digital transformation in construction, a historically paper-heavy industry facing labor shortages, cost pressures, and infrastructure booms, by delivering data-centric tools that unlock real-time productivity analytics.[1][6] Its timing aligns with rising needs for efficiency amid supply chain issues and a shift toward tech adoption, helping contractors optimize resources and compete—evident in cultural changes at users like Beldon Roofing.[1][6] In the ecosystem, it accelerates smarter building practices, influences peers by proving field-to-office connectivity drives value, and stands out among competitors like Raken or Riskcast through its veteran-led, construction-specific focus on workforce empowerment.[1][2]
Rhumbix is poised for expansion by deepening analytics, integrating more AI-driven forecasting, and targeting global infrastructure projects as construction tech matures. Trends like labor scarcity and sustainable building will amplify demand for its productivity tools, potentially evolving its influence toward ecosystem-wide standards for field data. With its field-first momentum, Rhumbix exemplifies how targeted tech humanizes construction, delivering the competitive edge that started with simplifying a foreman's timecard.
Rhumbix has raised $12.0M across 2 funding rounds. Most recently, it raised $11.0M Venture Round in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $11.0M Venture Round | Bessemer Venture Partners, Blackhorn Ventures, Brick & Mortar Ventures, Kayyak Ventures, Rainfall Ventures, Task Force X Capital, Unless | |
| Mar 1, 2014 | $1.0M Seed | Bessemer Venture Partners, Brick & Mortar Ventures, DN Capital, FJ Labs, OVO Fund, Rainfall Ventures, Think + Ventures |