Rivet Secures $6M Funding for Workforce Management Platform

Rivet Work, headquartered in Detroit, MI, has successfully secured $6 million in funding for its electrical construction workforce management platform. This latest round of funding, led by Brick & Mortar Ventures, brings the total investment in Rivet to $14 million, with participation from existing investors defy.vc, Augment Ventures, Detroit Venture Partners, Michigan Rise, and angel investors.

The funding will enable Rivet to expand its platform offerings to multi-trade businesses, including mechanical contractors, while continuing to deliver value to its existing electrical partners.

Under the leadership of CEO Ryan Meitl, Rivet offers a comprehensive workforce management platform designed to streamline labor management across commercial construction job sites in real-time. From labor forecasting during pre-construction phases to tactical planning and execution, Rivet’s platform digitizes construction project labor operations, empowering contractors to optimize efficiency and minimize margin fade.

Ryan Meitl, CEO of Rivet, emphasized the company’s commitment to customer satisfaction, stating, “Our focus on customer-centric solutions has distinguished us in the industry. By prioritizing our customers’ needs, we’ve developed best-in-class workforce management solutions and services. Our satisfied customers are our best advocates, driving our growth through positive word-of-mouth.”

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