Trusstor - About the company
Trusstor is a seed company based in Tel Aviv (Israel), founded in 2019 by Ofer Simon and Omri Sorek. It operates as an AI-based construction field management software. Trusstor has raised an undisclosed amount in funding from BuiltUp Ventures. The company has 628 active competitors, including 73 funded and 46 that have exited. Its top competitors include companies like BuildOps, Raken and XYZ Reality.
Company Details
Trusstor is an AI-based construction field management software. The platform leverages real-time location systems, smart equipment, and artificial intelligence technology for the management of the construction workforce.
Key Metrics
Founded Year
2019
Location
Tel Aviv, Israel
Stage
Seed
Latest Funding Round
Investors
Ranked
73rd among 628 active competitors
Employee Count
12 as on Aug 31, 2026
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Trusstor's funding and investors
Trusstor has raised funding over 1 round. Its latest funding round was a Seed round on Oct 22, 2020 for $*****. 1 investor participated in its latest round. Trusstor has 7 institutional investors.
Here is the list of recent funding rounds of Trusstor:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 22, 2020 | 5432643 | Seed | 1895232 | 2038696 | 3221622 | 6290426 |
View details of Trusstor's funding rounds and investors
Trusstor's founders and board of directors
Founder? Claim ProfileHere are the details of Trusstor's key team members:
- Ofer Simon: Co-Founder of Trusstor and founder of 1 other company.
- Omri Sorek: Co-Founder & CEO of Trusstor. Contact Info: 1 email address
View details of Trusstor's Founder profiles and Board Members
Trusstor's employee count trend
Trusstor has 12 employees as of Aug 26. Here is Trusstor's employee count trend over the years:
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Trusstor's Competitors and alternates
Top competitors of Trusstor include BuildOps, Raken and XYZ Reality. Here is the list of Top 10 competitors of Trusstor, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BuildOps 2018, Santa Monica (United States), Series C | Software solution for facility management and commercial contractors | $226M | 70/100 | |
2nd | Raken 2012, San Diego (United States), Acquired | Cloud-based tasks management and collaboration software for the construction sector | $12M | 64/100 | |
3rd | XYZ Reality 2017, London (United Kingdom), Series A | Provider of cloud-based augmented reality software for construction professionals | $34.5M | 64/100 | |
4th | Fieldwire 2013, San Francisco (United States), Acquired | Provider of a cloud-based collaboration platform for construction project teams | $40.4M | 63/100 | |
5th | Trunk Tools 2021, New York City (United States), Series B | Provide software for project leaders to address the skilled labor shortage and align workers incentives | $70M | 63/100 | |
6th | Fyld 2019, London (United Kingdom), Series B | Provider of an AI platform for fieldwork operations management | $79.2M | 63/100 | |
7th | Provider of SaaS-driven communication and collaboration software for construction professionals | $15.6M | 62/100 | ||
8th | PlanGrid 2011, San Francisco (United States), Acquired | Provider of collaboration on web and mobile for field construction | $58M | 61/100 | |
9th | Hyphen Solutions 1998, Addison (United States), Series A | Collaboration and scheduling software for home construction sector | - | 60/100 | |
10th | Miter 2021, San Francisco (United States), Series B | Provider of management software for construction contractors | $78M | 59/100 | |
73rd | AI-based construction field management software | - | 37/100 |
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Trusstor's Investments and acquisitions
Trusstor has made no investments or acquisitions yet.
Reports related to Trusstor
Here is the latest report on Trusstor's sector:
News related to Trusstor
•
BuiltUp Ventures Invests in Trusstor and StructShareFinSMEs•Oct 22, 2020•BuiltUp Ventures, StructShare, Trusstor
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