Sverica Capital Management completed the investment in Raken.

Sverica Capital Management, a private equity firm, completed the investment in Raken, a field management software provider. Financial terms were not disclosed. “This new chapter with Sverica represents an exciting milestone for Raken. Their experience supporting high-growth software companies will help us continue to serve our customers’ expanding needs, build innovative new solutions, and broaden our field management platform for the construction industry," Ty Kalklosch, Raken CEO.