Rhumbix Closes $14.3M Series B Funding

RhumbixRhumbix, a San Francisco, CA-based construction tech company, closed a $14.3m Series B round of funding.

The round was led by Blackhorn Ventures and Tenfore Holdings, with participation from Greylock Partners, S28 Capital, South Park Ventures, and Glynn Capital.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Co-Founder and CEO Zach Scheel and Co-Founder and COO Drew DeWalt, Rhumbix provides construction field operations workers to go paperless via the Field Intelligence platform, a cloud-based mobile workforce management solution that collects and digitizes data from paper-based workflows. This ensures all project stakeholders (owners, general contractors, and subcontractors) have data when they need it to make decisions and draw actionable insights.
Rhumbix has both Android and iOS versions of its platform.



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