Rhumbix
Latest round
- Series A
Last raised
- Jun 2021
Total raised
- $43M
Investors
- 13
About Rhumbix
Rhumbix, Inc.Founded in 2014 and headquartered in Lafayette, US, Rhumbix, Inc. specializes in construction management solutions.Rhumbix primarily offers a comprehensive suite of software solutions tailored for the construction industry, focusing on field and workforce management, time and attendance, production tracking, and compliance documentation. Their core product allows for crew or individual time entry, facilitating payroll processing, labor compliance, and job cost accounting. The platform enhances project visibility by providing real-time tracking of installed quantities and labor productivity, addressing common industry challenges such as data silos and inefficient reporting methods. Rhumbix's solutions are designed for various stakeholders in the construction sector, including general contractors, subcontractors, project owners, and public sector entities, enabling them to streamline workflows and improve project performance.Rhumbix generates revenue through a subscription-based model, providing clients with access to their suite of software solutions tailored for construction management. Clients typically enter into agreements for monthly or annual subscriptions, which grant them access to features such as payroll-ready timecards, production tracking, and compliance reporting tools. The pricing structure is designed to accommodate various customer needs, with different tiers available based on the scale of the client's operations and the specific features required. Key offerings include the Rhumbix Labor & Resource Management platform, which serves as the cornerstone of their service portfolio. The company is focusing on expanding its product offerings to include additional tools for construction management and aims to enter new geographic markets, particularly targeting expansion in Europe. Specific release dates for upcoming products have not been disclosed, but the company is committed to continual improvement and adaptation of its services to meet client demands.
Who invested in Rhumbix
13 investors across 6 rounds
See all investors in Rhumbix
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Rhumbix
Who invested in Rhumbix?
Rhumbix has 13 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rhumbix raised?
Rhumbix has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Rhumbix last raise money?
Rhumbix's most recent round on record is a Series A, in Jun 2021.
What does Rhumbix do?
Rhumbix is a software company.
Where is Rhumbix headquartered?
Rhumbix is headquartered in Lafayette, US.
Which VCs invest in companies like Rhumbix?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Rhumbix's stage. Their profiles are linked below.
VCs backing software startups at Series A
Raising like Rhumbix? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.