• Rhumbix

  Participated · Series B · Jun 2019

  Rhumbix is a mobile-first construction platform that connects field and office with data-driven reporting for general contractors, trade contractors, and owners. Founded in 2014 by Zach Scheel and Drew DeWalt and based in San Francisco, CA, the company focuses on digitizing field workflows and reporting. Rhumbix raised $11M in growth funding in the reported round, bringing total capital raised to $49M. The company said it will use the proceeds to expand its product and go-to-market teams. Recent hires include Bill Smith as President of Commercial Operations and Rob Blau as Vice President of Engineering. Rhumbix offers the Field Intelligence platform, a cloud-based mobile workforce management solution that collects and digitizes data from paper-based construction workflows. The platform is available on both Android and iOS. Its data capture aims to ensure owners, general contractors, and subcontractors have timely information to make decisions and draw actionable insights. The company is led by co-founders and executives Zach Scheel (CEO) and Drew DeWalt (COO). Rhumbix intends to use the proceeds from its recent financing to continue expanding operations and broaden its business reach. The company is based in San Francisco, CA. Rhumbix offers a mobile app and web platform that digitizes and standardizes field data for construction sites, including time and attendance, production tracking and benchmarking, daily reporting, field work orders, QA/QC inspections, and health and safety reporting. Data collected in the mobile app is immediately viewable in the Rhumbix web app, where users can track labor productivity and budget versus actual performance each day. The platform is used by 12 of the ENR Top 30 general contractors and subcontractors in the United States. Rhumbix is led by CEO and co‑founder Zach Scheel and COO and co‑founder Drew DeWalt. The company is based in San Francisco, CA. The company closed an $8M funding round led by Autodesk. Rhumbix offers a cloud-based Field Intelligence Platform, a mobile workforce management solution that collects and digitizes data from previously paper-based construction workflows. The platform is designed to modernize construction field operations and support smart construction sites. It is currently used by seven of the top 20 builders in the United States. Led by co-founder and CEO Zach Scheel and co-founder and COO Drew DeWalt, the company is focused on expanding product capabilities and customer adoption. Rhumbix closed a $7.35M funding round to support those efforts. The company intends to use the funds to invest in products in development and to expand its sales and marketing teams. Rhumbix offers a role-based mobile app for construction teams that exposes different data views to project managers, foremen, and other users. The platform leverages smartphone navigation and geolocation to derive worker locations, anonymizes data to the crew level, and uses those signals to enable accurate cost-code accounting and labor payment. Rhumbix tracks hours, pay, benefits, and other compensation components tied to hundreds of cost codes on a jobsite. The product also reduces idle time, prevents colocation and double-parking, and collects user feedback and usage data to surface operational best practices. Founders Zachary Scheel and Drew DeWalt are Stanford GSB alumni and former Naval engineers; their military tracking experience informed the product design and crew-anonymization approach. The company is beginning to rack up clients, including Anvil Builders and subcontractors on the Salesforce tower, and recently closed a $6M Series A.

• HELIX

  Participated · Series B · Dec 2015

  Founded inside Google X in 2011 and spun out in 2012, Flux is developing a cloud-based design platform that aggregates massive data sets—such as building codes, material properties, and energy-use models—to streamline the creation of environmentally sustainable structures. The software aims to break down the silos separating architects, engineers, and contractors by providing shared tools for modeling, compliance checking, and emissions calculations. Initial use cases target large multi-dwelling units, though the product could extend to commercial projects and single-family homes. The company remains in stealth, with its first product slated to launch next year in partnership with at least one architecture firm and a construction group. Flux was co-founded by architect Michelle Kaufmann and former Google engineers Nick Chim (CEO), Jen Carlile, and Augusto Roman. To date, the team has disclosed an $8 million funding round and added DFJ partner Steve Jurvetson to its board. No revenue or user metrics have been released.

No current team members are available.