Trunk Tools

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

About Trunk Tools

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

Industries

Enterprise Software

Fintech

AI & Machine Learning

Financial 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 19, 2026 Autodesk Forma integration expands Trunk Tools into a dominant enterprise workflow.
  • June 2026 Cortex launch unlocked TrunkReview, TrunkBrowse, TrunkRFI, TrunkBid, and TrunkRegister.
  • Trunk Tools claims 790+ hours and $60,000 saved across four Cleveland Construction projects.

What critics are saying

  • Autodesk and Procore can bundle native AI, squeezing Trunk Tools' pricing and distribution by 2027.
  • Construction accuracy failures create direct rework, delayed approvals, and trust loss across enterprise rollouts.
  • Dependency on a few large contractors, including Gilbane's seven-figure deal, concentrates revenue and churn risk.

What makes Trunk Tools unique

  • Cortex, launched June 17, 2026, reads drawings, specs, RFIs, submittals, and schedules together.
  • Trunk Tools ships construction-specific agents, not generic chatbots, across Autodesk Forma, Procore, and Dropbox.
  • Deployed on 500+ jobsites, with customers including Gilbane, Suffolk, DPR, HITT, and Cleveland Construction.

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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
Trunk Tools
$45M
Linktree
$65M
Substack
$100M
ClickUp

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

Headcount

6 month growth

3%

1 year growth

12%

2 year growth

4%
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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