Rivet Raises $6M in Funding

Funding Rounds

Summary

Rivet Work, a Detroit, MI-based provider of an electrical construction workforce management platform, raised $6M in funding. The company intends to use the funds to provide its platform to multi-trade businesses like mechanical, and bring value to existing electrical partners. Led by CEO Ryan Meitl, Rivet provides a workforce management platform that helps commercial contractors easily manage labor across job sites in real-time. Beginning with forecasting labor in pre-construction, to building a tactical plan for who will be on each project, through executing against those labor plans, it brings construction project labor operations online, helping contractors complete more work and prevent margin fade. That is what sets us apart and has allowed us to build best-in-class workforce management solutions and services for our industry.

$ Funding

$
Amount $6.0M Total raised
Date April 17, 2024 Announcement date
Investors - Lead investors
Company rivethealth.com Funded company

Classifications

industries
HealthTech
applications
Accounting and Taxes

AskAI Classifications

Labels
Healthcare Software Revenue Cycle Management Software SaaS

Linked Companies

Rivet Health
$1M to $5M