Rivet Work is a Detroit-based provider of an electrical construction workforce management platform for commercial contractors. Its platform supports forecasting labor in pre-construction, building tactical plans for who will be on each project, and executing against those labor plans. By bringing construction project labor operations online, Rivet aims to help contractors complete more work and prevent margin fade. The company is led by CEO Ryan Meitl, who emphasized customer focus as a differentiator. Rivet plans to use the new funding to provide its platform to multi-trade businesses like mechanical and to bring additional value to existing electrical partners. The round increased the company’s total capital raised to $14M.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2024