Trunk Tools, an artificial intelligence-powered platform for field construction, announced a $40 million Series B funding round on July 24, 2025. Insight Partners led this investment. Redpoint Ventures, Innovation Endeavors, Stepstone, Liberty Mutual Strategic Ventures, and Prudence also participated in the round.
The New York City-based startup develops an AI platform that organizes and provides insights from millions of construction documents. This platform allows building teams to ask natural-language questions, receiving actionable answers from relevant project data. Furthermore, Trunk Tools offers autonomous agents to automate tasks, streamlining workflows that previously required human intervention for information tracking and communication. The company's Trunk Text offering assists with documentation.
Scaling AI Construction Capabilities
This new investment brings Trunk Tools' total funding to $70 million. The capital will support the expansion of engineering, product, and go-to-market teams. Additionally, the company plans to grow its field enablement program. This funding also enables the platform to scale its capabilities across increasingly complex projects and new markets, addressing construction sector productivity.
Trunk Tools applies deep industry experience to solve data access challenges within construction. Other companies like Document Crunch and Planera also focus on specialized construction technology solutions. The platform connects data to project schedules, flagging potential issues before they cause delays or rework, a critical aspect of modern project management. This focus on vertically-tailored artificial intelligence distinguishes its approach in the construction technology sector.
