Rivet Raises $6M in Funding


Rivet Work, a Detroit, MI-based provider of an electrical construction workforce management platform, raised $6M in funding.

The round, which brought the total amount to $14M, was led by Brick & Mortar Ventures with participation from existing investors defy.vc, Augment Ventures, Detroit Venture Partners, Michigan Rise and angel investors.

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.

Commenting on the news, Ryan Meitl said: “We care about our customers. That is what sets us apart and has allowed us to build best-in-class workforce management solutions and services for our industry. Our customers know that we care and that is why our customers promote us to their peers.