Odin

Odin

Manages construction workforce risk and onboarding

Overview

Odin Construction Workforce Risk is a platform that helps construction teams manage workforce data, onboard workers, and coordinate subcontractors to reduce risk and speed up projects. It works by providing a fully integrated system that handles data management, onboarding, and worker coordination in one place. Workers can be onboarded in their own language, which cuts onboarding time by at least 50%, and the platform uses subscription access plus a $20 per worker badge fee (printed or digital) as revenue. Odin differentiates itself from competitors with multilingual onboarding and a focus on workforce risk within construction, offering a single system that ties together data, coordination, and risk tools. The goal is to make construction projects safer and more efficient by improving onboarding, coordination, and data management, thereby reducing timelines and risk.

About Odin

Simplify's Rating
Why Odin is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Company Size

11-50

Company Stage

Early VC

Total Funding

$4.9M

Headquarters

New York City, New York

Founded

2020

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Simplify's Take

What believers are saying

  • Odin claims 500-plus active projects and 100,000-plus workers by June 2026.
  • The company expanded from a handful of sites to major customers in one year.
  • Acquisition of Verfico Technology adds wage assurance, deepening compliance value for regulated projects.

What critics are saying

  • Verfico integration in 2025 creates execution risk across product, sales, and support teams.
  • Legacy contractors can replicate onboarding and badging workflows, crushing Odin's pricing power.
  • If data-center and critical-infrastructure spending slows, Odin's growth narrative loses urgency.

What makes Odin unique

  • Odin 3.0 unifies workforce compliance, access control, and wage assurance in one system.
  • The platform integrates badging, mobile onboarding, incident reporting, and payroll anomaly detection.
  • Customers like HITT, Clayco, Skanska, DPR, and Gilbane validate enterprise construction focus.

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Funding

Total Funding

$4.9M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

-20%
Stefan Sabich
Nov 9th, 2023
Officials address vibration concerns over levee work

As part of the next phase of levee work, the U.S. Army Corps of Engineers is working with the construction company Odin to contract a small berm to mitigate potential seepage under Highway 70.

AlleyWatch
Jun 18th, 2021
The AlleyWatch Startup Daily Funding Report: 6/18/2021

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/18/2021 featuring funding details for eqtble, ODIN, and much mor

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