Trunk Tools Raises $20M Series A Led by Redpoint Ventures

Trunk Tools, an AI platform transforming the $13 trillion construction industry, announced a $20 million Series A on Sept. 5, 2024, led by Redpoint Ventures, bringing total funding to $30M. The platform uses AI to structure unstructured project data, enhancing efficiency and reducing delays by automating administrative tasks.

Founder and CEO Dr. Sarah Buchner highlighted the investment’s potential to accelerate growth and launch new products. Redpoint’s Erica Brescia joined the board, recognizing the AI potential in construction. @TrunkTools also launched the “Schedule Agent,” an AI-powered tool that integrates with project schedules to monitor tasks and prevent delays.

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Impact on Business Owners: Trunk Tools’ AI solutions help construction companies save time, reduce costs, and improve productivity by proactively managing project schedules and documentation.
 
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