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Construction Fintech Startup Trunk Tools Announces Launch With $9.9M In Seed Funding

Construction Fintech Startup Trunk Tools Announces Launch With $9.9M In Seed Funding

07/13/23, 1:04 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Industry
construction
Round Type
seed
Investors
Index, Lightspeed, Accel, Sequoia Capital, Foundation Capital, Fifth Wall, Innovation Endeavors
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 oversubscribed round was led by Innovation Endeavors, with participation from Fifth Wall, Foundation Capital and several others. Trunk Tools has also been accepted into the latest cohort for Stanford dy/dx, a program supported by Sequoia Capital, Accel, Lightspeed, Index, Innovation Endeavors. The infusion of capital will fuel the company’s growth by expanding its talented team, helping accelerate the development of its unique output-focused incentives solution, and driving market adoption.

Company Info

Company
Trunk Tools
Location
new york, new york, united states
Additional Info
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.
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