Trunk Tools is an innovative construction fintech startup solving the skilled labor shortage by enabling project leaders to increase workforce productivity, safety and profitability by aligning incentives from top to bottom, encouraging efficiency and positively motivating the workforce.
Location: United States, New York
Employees: 11-50
Total raised: $29.9M
Founded date: 2021
Funding Rounds 2
| Date | Series | Amount | Investors |
| 21.08.2024 | Series A | $20M | - |
| 14.09.2023 | Seed | $9.9M | Innovation... |
Mentions in press and media 12
| Date | Title | Description |
| 21.08.2024 | Trunk Tools: Revolutionizing Construction with AI | In the bustling world of construction, time is money. Delays can cost millions. Enter Trunk Tools, a New York-based startup that’s shaking up the industry with artificial intelligence. Recently, the company secured $20 million in Series A f... |
| 21.08.2024 | Trunk Tools: AI-Based Construction Project Management Company Raises $20 Million (Series A) | Trunk Tools, an AI-based construction project management company, announced it raised $20 million in Series A funding. This new funding round was led by Redpoint Ventures and participated in by Innovation Endeavors, which led the seed round... |
| 21.08.2024 | Trunk Tools Raises $20 Million Series A Led By Redpoint Ventures to Expand Suite of AI Agents for Construction | Trunk Tools, a groundbreaking AI platform disrupting the $13 trillion construction industry, announces a $20 million Series A. The new capital was led by Redpoint Ventures with participation from Innovation Endeavors, who led the Seed round... |
| 20.08.2024 | Accusoft Launches Auto Tagging and Classification Module in PrizmDoc Powered by IBM Granite Models on watsonx | Accusoft, a software company specializing in document viewing, processing, and automation technologies for integration into Enterprise Content Management (ECM) solutions, today released Auto Tagging and Classification modules within its Pri... |
| 20.08.2024 | Trunk Tools raises $20 million | Trunk Tools, a New York-based startup offering an AI-driven platform for the construction industry, announced a $20 million Series A round led by Redpoint Ventures, with participation from Innovation Endeavors and Pruven Capital. Founded in... |
| 14.09.2023 | Trunk Tools Raises $9.9M to Make On-Demand Pay an Employee Benefit for Construction Workers | Over 70% of Americans live paycheck to paycheck. Nearly half will not be able to handle an unexpected $400 expense. With workers and their families operating on such tight margins, improving the timing of cash flows can be the difference be... |
| 17.07.2023 | Construction Fintech Trunk Tools Announces Launch with $9.9M in Funding | Trunk Tools, a construction-focused fintech startup that addresses the skilled labor shortage by helping workers get paid faster, announced its launch out of stealth with $9.9 million in seed funding. The investment round was “led by Innova... |
| 13.07.2023 | Trunk Tools Launches With $9.9M Seed Round | NEW YORK, NY, Trunk Tools, a construction-focused fintech startup that addresses the skilled labor shortage by helping workers get paid faster, announced its launch out of stealth with $9.9 million in seed funding. >> Click here fo... |
| 13.07.2023 | Trunk Tools Raises $9.9M in Seed Funding | Trunk Tools, a New York-based construction-focused fintech startup, raised $9.9M in Seed funding. The round was led by Innovation Endeavors, with participation from Fifth Wall, Foundation Capital and others. The company intends to use the f... |
| - | Trunk Tools | “Trunk Tools is at the forefront of construction innovation, offering cutting-edge AI solutions to streamline project management.” |
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