Month: August 2024

Trunk Tools raises $20 million

Trunk Tools, a New York-based startup offering an AI-driven platform for the construction industry, announced a $20 million Series A round led by Redpoint Ventures, with participation from Innovation Endeavors and Pruven Capital. Founded in 2021, Trunk Tools leverages advanced large language models to understand and query vast amounts of construction-related data. The platform helps construction professionals by providing near-instant access to critical information from documents, improving efficiency, reducing re-work, and ensuring that project managers, engineers, and superintendents have the information they need to make informed decisions quickly. Read more >

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