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Trunk Tools

AI-driven incentive management SaaS for construction

Overview

Trunk Tools offers AI-powered incentive management software for the construction industry through a subscription-based SaaS model. Its core tools include TrunkText, which uses AI to quickly locate relevant project documents and files, and TrunkPerform, which helps speed up construction tasks to improve project performance. By delivering construction-specific AI capabilities, the company differentiates itself from general fintech providers and traditional software by tailoring features to contractors, project managers, and construction firms. The goal is to save time, boost productivity, and help projects run more efficiently by providing easy-to-access information and faster task completion through a recurring software service.

Significant Headcount Growth

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About Trunk Tools

Simplify's Rating
Why Trunk Tools is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareFintechAI & Machine LearningFinancial Services

Company Size

51-200

Company Stage

Series B

Total Funding

$69.9M

Headquarters

New York City, New York

Founded

2021

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Simplify's take

What believers are saying

  • May 2026 Autodesk Forma integration expanded Trunk Tools into Autodesk App Store distribution.
  • Gilbane's 2025 seven-figure rollout validates enterprise demand across more than 200 projects.
  • Autodesk highlighted Cleveland's 2026 session, strengthening Trunk Tools' credibility with major contractors.

What critics are saying

  • Gilbane's 200+ project rollout concentrates revenue exposure if its 2027 renewal slips.
  • Autodesk controls distribution, so partner policy changes can throttle Trunk Tools overnight.
  • Procore and Autodesk can copy these workflows, leaving Trunk Tools as a feature, not a company.

What makes Trunk Tools unique

  • Trunk Tools embeds construction-specific agents inside Autodesk Forma, not generic chatbots.
  • Its proprietary models analyze drawings and submittals across hundreds of jobsites.
  • Cleveland Construction saved 790+ hours and $60K using TrunkSubmittal and TrunkReview in 2026.

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Funding

Total Funding

$69.9M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$40M
$45M
$65M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Stock Options
  • Company Equity
  • 401(k) Retirement Plan
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Professional Development Budget
  • Meal Benefits

Growth & Insights and Company News

6 month growth

6%

1 year growth

6%

2 year growth

14%
Associated Press
May 19th, 2026
Trunk Tools integrates AI agents with Autodesk Forma to automate construction document workflows

Trunk Tools, an AI-powered construction data platform, has integrated with Autodesk Forma to help construction teams manage document-intensive workflows. The integration connects Trunk Tools' AI agents to project data stored in Forma Data Management, enabling real-time document analysis and automated workflow handling. The platform offers several AI agents, including TrunkText for natural language document searches, TrunkSubmittal for automated submittal compliance checks, and TrunkReview for analysing drawing changes. These tools are now available to Autodesk Forma users through the Autodesk App Store. Trunk Tools is deployed across hundreds of US jobsites. Cleveland Construction reported the platform provides junior engineers with expertise equivalent to five-plus years of experience whilst catching issues senior staff might miss. The integration aims to help construction teams extract more value from project data and reduce manual review time.

CNBC
Mar 12th, 2026
Trunk Tools CEO: AI could cut $1T in construction waste from data clashes

Trunk Tools CEO Sarah Buchner says AI can eliminate roughly $1 trillion annually in construction rework caused by clashing data across the four million pages of documentation behind a single skyscraper. The company builds knowledge graphs from unstructured construction data and trains its own models on proprietary drawings that off-the-shelf large language models have never seen. Trunk Tools deploys a new AI agent approximately every two weeks to address waste in the construction industry.

Engineering News-Record
Sep 26th, 2025
Gilbane Rolls Out Trunk Tools AI Agents Across Its Jobsites

Gilbane Building Co., headquartered in Providence, R.I., has selected Trunk Tools as its enterprise-wide construction site artificial intelligence partner, signing a seven-figure agreement to roll out TrunkSubmittal, TrunkText, and TrunkSOP AI agents across more than 200 projects nationwide over the next two years.

RealtyNXT
Jul 31st, 2025
Trunk Tools Secures $40M Series B to Expand AI Agents on US Jobsites in 2025

Trunk Tools, a U.S.-based construction technology company, has completed a $40 million Series B financing round led by global software investor Insight Partners, with contributions from Redpoint Ventures, Innovation Endeavors, Stepstone, Liberty Mutual Strategic Ventures, and Prudence.

DNYUZ
Jul 24th, 2025
Trunk Tools raises $40M for AI.

Trunk Tools, a New York startup, has developed an AI agent for construction sites, transforming unstructured data into structured datasets. The AI can answer questions in layperson's terms and handle workflows like scheduling. Trunk Tools raised $40 million in a Series B round led by Insight Partners, bringing total funding to $70 million. The funds will be used for product development and market strategy. Customers include Suffolk Construction and DPR Construction.

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