Trayd Analysis: $5M Raised
What is Trayd?
Trayd offers a comprehensive construction back office system that streamlines payroll, compliance, scheduling, and labor management for contractors in various trades.
Employees
4
Founded
2022
Business Model
B2B model generating revenue through payroll services for construction subcontractors.
Investors
- Suffolk Technologies
- Bloomberg Beta
- Y Combinator
Product Features & Capabilities
- Payroll, Scheduling and Time Tracking, Projects and Reporting, HR and Onboarding, Effortless Payroll, Dynamic Scheduling, Real-time Labor Tracking, Simplified People Management
How much Trayd raised
Seed - $4.5 million
January 2025Lead Investor: Suffolk Technologies (the VC affiliate of Suffolk Construction)
Who are the founders of Trayd
AB
Anna Berger
Founder
CK
Cara Kessler
Founder
Market Focus
Trayd primarily focuses on the construction industry, providing an all-in-one back office operating system for contractors that simplifies payroll, compliance, scheduling, and labor management across various trades.
Competitors Overview
Trayd operates in the construction back office software market, where it faces competition from several notable companies. The main competitors include:
- Procore: A leading construction management software that offers a comprehensive suite of tools for project management, financials, and fiel
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