12 years. $53M raised. One acquisition. Zach Scheel is talking about all of it.
Zach Scheel, co-founder of Rhubmix, sat down with Owen the day after Autodesk officially closed its acquisition of the 12-year-old construction labor tracking platform. He didn't hold back.
Tune in to find out about:
✅ Why Autodesk acquired Rhubmix — and what gap in their product suite it fills
✅ The financial metrics (110% NRR, 94% GRR) that made the deal happen
✅ What a term sheet getting pulled post-signing actually feels like — and how they survived it
✅ Why 10 years is probably a realistic median exit timeline for construction tech founders and investors
Watch now on Spotify and YouTube🎧
#aec #construction #constructiontech #bricksandbytes #bricksbytes #ai
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Chapters
00:00 Intro
01:30 Introduction and Acquisition Announcement
04:32 Understanding Rumbix and Its Functionality
07:32 The Journey to Acquisition
10:17 Negotiating with Autodesk
13:13 Metrics and Performance Indicators
16:12 Challenges of M&A Process
18:59 Future of Rumbix Under Autodesk
21:58 Lessons Learned and Final Thoughts
