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Recently Funded|Amount: USD 4.5M|Industry: Construction

Trayd Secures $4.5M Seed Round to Revolutionize Construction Payroll & Compliance Solutions

Trayd

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11-50 employees employees (Est.)
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Trayd is thrilled to announce that it has raised $4,500,000 in its latest funding round—a major milestone that reflects strong investor confidence in its innovative approach to construction back office management. As an all-in-one system that puts payroll and compliance at the forefront, Trayd is uniquely positioned to transform the way construction companies manage their workforce. The capital infusion will accelerate the development and refinement of Trayd’s modern workforce management platform, which integrates best-in-class time-tracking tools with robust payroll automation. By seamlessly unlocking Earned Wage Access on every paycheck, the platform promises to provide employees with greater financial flexibility while simplifying administrative burdens for employers. This new funding will be strategically deployed to enhance key product features, expand the company’s market reach, and develop additional functionalities that directly address the evolving pain points in the construction industry. Trayd’s commitment to continuous innovation means that the funds will also fuel improvements in technology infrastructure and user experience—a crucial step in solidifying its position as a leader in the space. As the company scales its solutions to meet rising demand, Trayd remains dedicated to delivering an integrated, cutting-edge solution that streamlines back office operations and elevates workforce management standards across the industry. This announcement marks an exciting chapter in Trayd’s journey, one that will empower construction companies to manage payroll and compliance more effectively while boosting overall efficiency and employee satisfaction.
February 4, 2025

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  • Reporting Tools
  • Employee Onboarding Services

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