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
Employees: 11-50
Total raised: $69.9M
Founded date: 2021
Funding Rounds 3
| Date | Series | Amount | Investors |
| 01.08.2025 | Series B | $40M | Innovation... |
| 21.08.2024 | Series A | $20M | - |
| 14.09.2023 | Seed | $9.9M | Innovation... |
Mentions in press and media 18
| Date | Title | Description |
| 20.01.2026 | XBuild raises $19M to launch AI-powered residential roofing contract estimation product Send us a News Tip EXTRACT THE SIGNAL FROM THE NOISE Cookies | XBuild, a company aiming to bring artificial intelligence to residential construction contractors, today announced it raised $19 million in early-stage funding to build what it calls a “vibe coding” estimating platform for construction proj... |
| 04.08.2025 | AI Rewrites Construction's Future: Trunk Tools Leads Digital Shift | The global construction industry grapples with an alarming $1 trillion annual productivity loss. Outdated documentation, fragmented systems, and manual processes drive pervasive errors and significant waste. This critical inefficiency stall... |
| 01.08.2025 | Startup Trunk Tools is using AI to reduce construction errors and waste | That lack of innovation in commercial technology contributes to outdated documentation and errors in tasks that then have to be redone as well as administrative drag. All told, it contributes to nearly $1 trillion in lost productivity each ... |
| 24.07.2025 | Trunk Tools raises $40M to revolutionize how construction teams interact with project data Join theCUBE Alumni Trust Network Send us a News Tip EXTRACT THE SIGNAL FROM THE NOISE Cookies | Trunk Tools Inc., an artificial intelligence-powered platform for construction teams, today announced it has raised $40 million in fresh funding to change how project management works. The Series B round, led by Insight Partners, also attra... |
| 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 Trunk Tools Founded: 2021 Headquarters: New York, New York, United States Total Funding: $29.9M See full company profile "> , a New York-based startup offering an AI-driven platform for the construction industry, announc... |
| 20.08.2024 | Trunk Tools Raises $20M in Series A Funding | Trunk Tools, a NYC-based provider of an AI Platform for the construction industry, raised $20M in Series A funding. The round was led by Redpoint Ventures with participation from Innovation Endeavors. The company intends to use the funds to... |
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