Trunk Tools, an AI platform disrupting the $13 trillion construction sector, has announced a $20 million Series A funding round. The new capital was led by Redpoint Ventures, with participation from existing investor Innovation Endeavors, bringing Trunk Tools' total funding to $30 million.
"We are thrilled to have the support of Redpoint Ventures and our other valued investment partners, as we push the boundaries of innovation in the construction industry," said Dr. Sarah Buchner, Founder and CEO of Trunk Tools. "Redpoint's expertise in investing and scaling AI companies is a perfect match and this funding will enable us to accelerate our growth, develop new products, and cement our place as industry leaders in generative AI for construction."
Team Trunk Tools ( Source: Sarah Buchner
Trunk Tools Raises $20M Series A to Bring AI Productivity to Construction
- By Abhijeet Adhikari
- Published on
The new capital was led by Redpoint Ventures, with participation from existing investor Innovation Endeavors, bringing Trunk Tools' total funding to $30 million.
