Trunk Tools raised $20M in Series A funding led by Redpoint Ventures to expand operations and enhance development efforts.
Trunk Tools raised $20M in Series A funding led by Redpoint Ventures to expand operations and enhance development efforts.
08/20/24, 4:45 PM
Location
new yorkMoney raised
$20 million
Industry
construction
Round Type
series a
Investors
Innovation Endeavors, Redpoint Ventures
Trunk Tools, a NYC-based provider of an AI Platform for the construction industry, secured $20M in Series A funding. The funds will be used to expand operations and development efforts, focusing on leveraging AI technology to improve productivity in construction.
Company Info
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.