Odin

Manages workforce risk in construction

New York City, New York, United States

About Odin

Odin Construction Workforce Risk offers a platform that helps construction companies manage workforce risk by streamlining onboarding and coordinating workforce data. The platform allows users to onboard workers in their preferred language, reducing onboarding time by at least 50%. Operating on a subscription model, Odin also charges for worker badges, providing a steady revenue stream. The company's goal is to enhance project efficiency and safety in the construction industry by simplifying complex logistics.

New York City, New YorkHeadquarters

2020Year Founded

$4.8MTotal Funding

EARLY_VCCompany Stage

Industrial & ManufacturingIndustries

1-10Employees

Risks

Emerging construction tech startups increase competition for Odin.

Labor shortages may impact demand for Odin's workforce management solutions.

Rising construction material costs could limit investment in software solutions.

Differentiation

Odin offers multilingual onboarding, reducing time by at least 50%.

The platform integrates IoT for real-time construction site monitoring.

Odin's subscription model is supplemented by fees for worker badges.

Upsides

Integration with BIM tools can enhance data management and project coordination.

Modular construction methods align with Odin's workforce management strengths.

Focus on mental health in construction offers expansion into wellness features.

Funding

Total raised$4.77 M

Latest valuation$8.50 M

StageEARLY_VC

EARLY VC

3/31/2022

$8.50 M

SEED

5/31/2021

$16.00 M