Sverica Capital Management Makes Strategic Growth Investment in Raken

September 9, 2025

Sverica Capital Management announced a strategic growth investment in Raken, a Carlsbad, California–based field management software provider serving the construction industry. Sverica will reinvest capital to support product development and expansion of Raken's field management platform; Sverica partners Jordan Richards and Michael Dougherty will join Raken's board while CEO Ty Kalklosch remains in place.

Buyers
Sverica Capital Management LP
Targets
Raken
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Growth capital

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