Californian mobile-first platform Rhumbix has raised $11m to help the construction industry digitise field operations.

General contractors, trade contractors and owners can use the platform to digitise their field workflows, reporting and analytics. The firm has raised $11m in growth capital to scale its connected field platform, bringing its total funding to $49m.

The investment was co-led by Blackhorn Ventures and Tenfore Holdings, with participation from existing investors Greylock Partners, Glynn Capital, and Darren Bechtel of Brick & Mortar Ventures, as well as new investor TFX Capital.

“Rhumbix modernises construction field operations by transforming your field reporting into productivity insights,” said Rhumbix co-founder and CEO Zach Scheel. “The ability to share data in real-time and communicate with stakeholders no matter the location is especially valuable in our current working environment. We are fortunate to partner with investors like Blackhorn Ventures, Tenfore Holdings and TFX Capital, who share our enthusiasm and excitement for the large market opportunity being created by digital transformation and the future of work in the construction and field service industries.”

The money will be used to invest in growing the company’s product and go-to-market teams, including the recent additions of Bill Smith as president of commercial operations and Rob Blau as vice president of engineering.

“Unlocking the value of digitisation is now critical for enterprise success in the construction industry,” said Trevor Zimmerman, managing partner of Blackhorn Ventures, which also previously led a $14.3m series B funding round with Rhumbix. “Rhumbix continues to be the best-in-class platform for digitising and collecting field-level data that’s necessary to fuel the construction ecosystem.”

Founded in 2014 by navy veterans with experience in the construction industry, Rhumbix has developed technology that closes the gap between the field-level workforce and management in the home office by providing real-time data and insights for all project stakeholders.

“Rhumbix is playing a role accelerating digital transformation initiatives in construction with a data-centric approach to the sector,” said Dan Levine, managing member of Tenfore Holdings. “By digitising, synthesising and delivering smart analytics on construction project data, the company unlocks real-time insights on labour costs and production processes to help field and corporate teams alike make more informed decisions faster.”

With this financing round, Rhumbix welcomed a new investor in TFX Capital, a founder-focused venture capital firm with expertise grounded in scaling B2B technology companies led by service-driven, former military leaders. Founded by two US Navy veterans who served in Operations Iraqi and Enduring Freedom, Rhumbix shares in TFX Capital’s appreciation for the importance of service-driven leadership that is focused on solving some of the most pressing business problems through technology innovation.

“Rhumbix has proven the importance of digitising field-based workflows and data to maximise resource efficiency and deliver optimal returns on investments for its customers,” said Brandon Shelton, managing partner of TFX Capital. “Stemming from its military-founder origins, Rhumbix has done a phenomenal job of cultivating a culture and product that is shaping the future of workforce technology, empowering strong leaders, and delivering value to general contractors and subcontractors. As the company now scales its deployment of the connected field platform, we are proud to build on our existing relationship and co-invest alongside Blackhorn Ventures, Tenfore Holdings, Greylock Partners, Glynn Capital and Brick & Mortar Ventures.”

Rhumbix co-founder and COO Drew DeWalt added: “In the past year, Rhumbix has seen a nearly threefold increase in the number of workers on the platform and has deployed on over 100,000 projects. Our timekeeping product has been used to process over $3bn in payroll wages, and our T&M module has helped contractors improve recovery rates and reduce time to payment on over $350m in cost-reimbursable, out-of-scope work. Rhumbix is a proven field-first solution used by many of the largest general and trade contractors in North America, including Turner Construction, DPR. The most exciting aspect is that in many ways, we’re just getting started.”