Fundz

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

PRIVATEJul 13, 2023

Round Type

Seed

New YorkConstruction

Investors

IndexLightspeedAccelSequoia CapitalFoundation CapitalFifth WallInnovation Endeavors

Description

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.

Who else raised in Construction around the same time

Companies in the same sectors as Trunk Tools that raised within 45 days of this round, from Fundz verified event records.

  • AceLab raised $5.3M (Funding Round) on August 3, 2023.
  • GPD Group raised $105K (Pre-Seed) on August 2, 2023.
  • Vessel Technologies raised an undisclosed amount on July 6, 2023.
  • 548 ENERGY SOLUTIONS raised $1.1M (Seed) on June 30, 2023.
  • Natomas Labs raised $6.3M on June 29, 2023.
  • BLUU Seafood raised $18M (Series A) on June 28, 2023.

Who to call at Trunk Tools, and when

A new round usually means Trunk Tools is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Trunk Tools raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Trunk Tools, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Trunk Tools. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Trunk Tools

Location

New York, New York, United States

About

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.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Trunk Tools raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Trunk Tools's next move

See what Strategic adds

Trunk Tools raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.