Softwr

Construction · head to head

Billd vs Raken

Billd logo

Billd

Construction

Material financing and pay application advances for commercial subcontractors

From
On request
Rated
-
Full reviewWebsite
Raken logo

Raken

Construction

Daily reporting and field production tracking

From
$40/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Billd the contractor carries the fee rather than the supplier, so unless the cost is bid into the job or offset by a negotiated supplier cash discount, financed material is simply more expensive material.; Raken no pricing tiers published on public website. Pricing requires direct contact with sales at 858-290-4477 or [email protected]
  • They diverge on capability: Billd covers Material financing, Raken covers Daily reporting.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Billd and Raken actually diverge.

Attributes where Billd and Raken differ
AttributeBilldRaken
Starting priceOn request$40/month
Pricing modelquotesubscription
PlatformsWebWeb, Ios, Android
FoundedUnknown2014

Identical on both: free tier (No), user rating (Not yet rated), category (Construction).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Billd

  • Material financing
  • Pay App Advance
  • Same-day supplier funding
  • Supplier network terms
  • Credit line for materials
  • Online account portal

Only in Raken

  • Daily reporting
  • Photo documentation
  • Time tracking
  • Production tracking
  • Safety toolbox talks
  • Procore
  • Autodesk BIM 360
  • Sage

What people use each for

The jobs each tool is most often brought in to do.

Billd

  • An electrical subcontractor that has won a job larger than its cash position can carry through the first three material buysnot Raken
  • A concrete contractor whose general contractor pays at 75 days while the supplier expects 30not Raken
  • A growing mechanical firm that wants to negotiate a supplier cash discount by paying immediately, funded by Billdnot Raken
  • A subcontractor with a signed pay application sitting unpaid that needs payroll covered before the cheque landsnot Raken

Raken

  • Daily logsnot Billd
  • Field documentationnot Billd
  • Progress trackingnot Billd
  • Time managementnot Billd

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Billd

  • The contractor carries the fee rather than the supplier, so unless the cost is bid into the job or offset by a negotiated supplier cash discount, financed material is simply more expensive material.
  • No rate card is published, so the effective annualised cost is only visible after underwriting and cannot be compared against a bank line or a card facility before you apply.
  • A 120 day term assumes the general contractor pays roughly on time; if the GC drags past that, the subcontractor owes Billd on schedule regardless of whether it has been paid.
  • This is credit, not construction software, so it adds a debt obligation and a covenant relationship to a business that a surety and a bonding agent will look at when setting bonding capacity.
  • Coverage is US commercial construction, so contractors outside that market or working residential get little from it, and eligibility depends on project type and the creditworthiness of the paying party.

Raken

  • No pricing tiers published on public website. Pricing requires direct contact with sales at 858-290-4477 or [email protected]

Pricing, plan by plan

Billd

On request
  • Material Financing$undefined/year
    • Supplier paid upfront
    • Repayment up to 120 days
    • Fee set per draw after underwriting
  • Pay App Advance$undefined/year
    • Advance against billed and uncollected work
    • Purchase fee deducted from the advance
    • Terms set per contractor

Raken

$40/month
  • Lite$40/month
    • Daily reports
    • Photo documentation
    • Time tracking
  • Pro$80/month
    • Everything in Lite
    • Production tracking
    • Toolbox talks
  • EnterpriseFree
    • Custom workflows
    • API access
    • SSO

Which should you pick?

Choose Billd if

  • You need material financing.
  • You also want pay app advance.
Billd review

Choose Raken if

  • You need daily reporting.
  • You work on Web, Ios, Android.
  • You also want photo documentation.
Raken review

Questions people ask

Is Billd or Raken better?
Neither clearly leads. Billd starts at On request and Raken at $40/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Billd or Raken?
Billd starts at On request and Raken at $40/month.
Does Billd or Raken run on more platforms?
Billd runs on Web. Raken runs on Web, Ios, Android.
What is Billd best used for?
Billd is most often used for an electrical subcontractor that has won a job larger than its cash position can carry through the first three material buys, a concrete contractor whose general contractor pays at 75 days while the supplier expects 30, a growing mechanical firm that wants to negotiate a supplier cash discount by paying immediately, funded by billd, a subcontractor with a signed pay application sitting unpaid that needs payroll covered before the cheque lands. Of those, an electrical subcontractor that has won a job larger than its cash position can carry through the first three material buys and a concrete contractor whose general contractor pays at 75 days while the supplier expects 30 are not what Raken is typically brought in for.
What can Billd do that Raken cannot?
Billd covers Material financing, Pay App Advance, Same-day supplier funding, Supplier network terms. Raken covers Daily reporting, Photo documentation, Time tracking, Production tracking.

Answered from the vendors’ own pages

Billd: Who pays Billd's fee, the contractor or the supplier?

The contractor. The supplier is paid upfront in full and carries no credit risk.

Raken: Does Raken offer a free trial?

Yes, Raken offers a free trial option with no pricing details disclosed on the public website. Interested users can start a free trial or schedule a demo to see the product in action.

Source
Billd: Does Billd publish rates?

No. Cost depends on term, product and underwriting outcome and is disclosed in the offer.

Raken: What is Raken's pricing model?

Raken uses a quote-based pricing model. No pricing tiers or rates are published on their website. Pricing must be obtained by contacting their sales team.

Source
Billd: What happens if my general contractor pays late?

You still owe Billd on the agreed schedule. The 120 day term is designed to cover a normal pay cycle, not a dispute.

Billd: Does using Billd affect bonding capacity?

It is a debt facility, so a surety will consider it. Discuss it with your bonding agent before drawing heavily.

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