Rhumbix, Inc.

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Rhumbix, Inc. - overview

Established

2014

Location

Lafayette, CA, US

Primary Industry

Software

About

Rhumbix, Inc. is a US-based provider of software solutions for the construction industry, focusing on enhancing field and workforce management, time tracking, and compliance documentation through innovative technology. Founded in 2014 and headquartered in Lafayette, US, Rhumbix, Inc. specializes in construction management solutions.


In March 2026, Autodesk agreed to acquire Rhumbix, Inc. from StartX, Three Fish Capital, Uj Ventures, Brick & Mortar Ventures, Greylock Partners, Glynn Capital, S28 Capital, Blackhorn Ventures, Kiddar Capital, Autodesk, South Park Ventures, Tenfore Holdings, TXF Capital, and Dysruptek. Financial terms were not disclosed. Co-founded by Drew DeWalt and Zach Scheel, Rhumbix has completed a total of 9 deals since its inception.


Rhumbix primarily offers a comprehensive suite of software solutions tailored for the construction industry, focusing on field and workforce management, time and attendance, production tracking, and compliance documentation. Their core product allows for crew or individual time entry, facilitating payroll processing, labor compliance, and job cost accounting. The platform enhances project visibility by providing real-time tracking of installed quantities and labor productivity, addressing common industry challenges such as data silos and inefficient reporting methods. Rhumbix's solutions are designed for various stakeholders in the construction sector, including general contractors, subcontractors, project owners, and public sector entities, enabling them to streamline workflows and improve project performance.


The software has been deployed in diverse geographical markets, including North America and parts of Europe, catering to a wide range of construction trades such as electrical, plumbing, and heavy civil sectors. Rhumbix generates revenue through a subscription-based model, providing clients with access to their suite of software solutions tailored for construction management. Clients typically enter into agreements for monthly or annual subscriptions, which grant them access to features such as payroll-ready timecards, production tracking, and compliance reporting tools. The pricing structure is designed to accommodate various customer needs, with different tiers available based on the scale of the client's operations and the specific features required.


Key offerings include the Rhumbix Labor & Resource Management platform, which serves as the cornerstone of their service portfolio. The transaction process involves direct engagement with clients, ensuring customized solutions are implemented to meet unique project requirements while enabling ongoing support and updates as needed. The March 2026 acquisition will enable Autodesk to enhance field-to-finance processes in Autodesk Forma by improving jobsite visibility across project systems with the help of Rhumbix’s platform for field productivity and resource management.


Current Investors

Uj Ventures, StartX, Three Fish Capital

Primary Industry

Software

Sub Industries

Web Applications, Analytics & Performance Software, HR & Workforce Software

Website

www.rhumbix.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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