Trayd raised $4.5M in a seed round led by Suffolk Technologies to enhance its construction payroll solutions and expand its team.
Amount Raised
$4.5 Million
Round Type
Seed
New YorkSoftwareConstructionSaaSInvestors
Description
Trayd, a pioneering construction payroll platform, has secured $4.5M in a seed funding round, demonstrating strong traction and demand. Led by Suffolk Technologies with participation from Bloomberg Beta and Y Combinator, the funds will support product development and scaling efforts.
Quick answer
Trayd raised $4.5 Million in a Seed round, dated February 4, 2025. Investors: Bloomberg Beta, Y Combinator and Suffolk Technologies. Trayd is based in New York, New York, United States.
- How much did Trayd raise?
- Trayd raised $4.5 Million in a Seed round on February 4, 2025.
- Who invested in Trayd?
- Bloomberg Beta, Y Combinator and Suffolk Technologies are named as investors in this round.
- What does Trayd do?
- Trayd is a construction payroll and compliance software designed specifically for specialty contractors.
- Where is Trayd based and how big is it?
- Trayd is based in New York, New York, United States. Fundz records about 11 employees.
- Who are the decision-makers at Trayd?
- Fundz holds 1 contact at Trayd, including the Founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Construction and SaaS around the same time
Companies in the same sectors as Trayd that raised within 45 days of this round, from Fundz verified event records.
- Opteam raised an undisclosed amount (Pre-Seed) on January 18, 2025.
- Factorial Energy raised $120M (Funding Round) on March 21, 2025.
- Kona Bicycle Company raised $7.5M on March 21, 2025.
- SmartCommerce raised $3.5M (Seed) on March 21, 2025.
- peopleIX raised $2.5M (Pre-Seed) on March 20, 2025.
- Buynomics raised $30M (Funding Round) on March 20, 2025.
Who to call at Trayd, and when
A new round usually means Trayd is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Trayd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Trayd, from your own LinkedIn network
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Related People
Trayd 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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