Trunk Tools raised $20M in Series A funding led by Redpoint Ventures to expand operations and enhance development efforts.
Amount Raised
$20 Million
Round Type
Series A
Investors
Description
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.
Quick answer
Trunk Tools raised $20 Million in a Series A round, dated August 20, 2024. Investors: Innovation Endeavors and Redpoint Ventures. Trunk Tools is based in New York, New York, United States.
- How much did Trunk Tools raise?
- Trunk Tools raised $20 Million in a Series A round on August 20, 2024.
- Who invested in Trunk Tools?
- Innovation Endeavors and Redpoint Ventures are named as investors in this round.
- What does Trunk Tools do?
- 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..
- Where is Trunk Tools based and how big is it?
- Trunk Tools is based in New York, New York, United States.
- Who are the decision-makers at Trunk Tools?
- Fundz holds 1 contact at Trunk Tools. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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.
- SKYX Platforms raised $11M on October 4, 2024.
- Origin Capital Group raised an undisclosed amount on September 26, 2024.
- Dandelion Energy raised $40M (Series C) on September 24, 2024.
- MOMPD D.B.A. PrintProHomes raised $820K (Seed) on September 23, 2024.
- AICrete raised $5M (Seed) on September 20, 2024.
- RB Investor IV raised $1.5M (Seed) on September 18, 2024.
Who to call at Trunk Tools, and when
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- 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
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Funding Insights
What this usually meansTrunk Tools raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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