Era Finance Fuels Construction Innovation: $6.2M Seed Round Boosts Trayd’s All-in-One Back Office Revolution

Era Finance is thrilled to announce a significant funding milestone as we proudly secure $6.2 million in our latest round. This investment marks a pivotal moment for Era Finance and its groundbreaking subsidiary, Trayd – an all-in-one construction back office operating system built with payroll and compliance at the forefront. Trayd has been transforming the way construction companies manage their workforce, offering a modern workforce management platform, best-in-class time-tracking tools, and payroll automation that ultimately unlock Earned Wage Access on every paycheck. The fresh capital infusion will empower Trayd to further innovate and enhance its suite of tools, ensuring that construction companies have access to cutting-edge technology that addresses critical pain points such as labor management and regulatory compliance. By streamlining core back office operations, Trayd is not only reducing administrative burdens but also enabling construction firms to focus on what truly matters—delivering exceptional projects and fostering a more agile and empowered workforce. Moreover, the raised funds will be dedicated to expanding Trayd’s research and development efforts, scaling its operations to meet increasing market demands, and investing further in customer-centric enhancements. The funding also positions Era Finance and Trayd to build strategic partnerships and accelerate market expansion, paving the way for sustainable growth in the competitive construction technology landscape. This investment underscores the market’s confidence in our innovative approach and our commitment to redefining back office management for the construction industry. Era Finance stands ready to drive change in an industry ripe for disruption, and we extend our heartfelt thanks to the investors who share our vision for a more efficient and empowered construction workforce.