Trayd

Trayd

Private
New York City, New YorkEnterprise Softwarehttps://www.buildtrayd.com/

Last Round

Series A

Mar 25, 2026

Total Funding Raised

$15M

Momentum Score

50 /100

Company Overview

Trayd is a business-to-business financial technology company that has developed a payroll and back-office management platform specifically for the construction industry. The platform aims to modernize and automate tasks for specialty contractors, offering a suite of tools that includes payroll, scheduling, field time tracking, HR, and accounting services. A key feature of Trayd's offering is enabling same-day pay for construction workers, providing them with instant access to their earned wages. This is intended to improve financial wellness for workers and act as a retention tool for employers. The company was founded by Anna Berger and Cara Kessler and is backed by venture capital firms including Suffolk Technologies, Bloomberg Beta, and Y Combinator.

Sector

Enterprise Software

Verticals

Vertical SaaS, HR, Construction Tech, Accounting & Expense, Compliance

Business Model

B2B

Customer Profile

Subscription SaaS, Payment Processing Fee

AI Layer

Non-AI

Keywords

construction payrollcertified payrollconstruction techConTechearned wage accessEWAworkforce managementsame-day payvertical SaaSon-demand payprevailing wageunion payrollmobile time trackingback-office softwareconstruction HRspecialty contractors

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Trayd Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Trayd Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AMar 25, 2026
SeedFeb 4, 2025
AcceleratorJul 16, 2023

Key People

Founding team and executive leadership

Cara Kessler

CTO Founder

Founding Team

Anna Berger

Founder CEO

Founding Team

Trayd Investors

Notable investors and investment history

InvestorRounds
Suffolk TechnologiesSeries A, Seed
White Star CapitalSeries A
RXRSeries A
Y CombinatorSeries A, Accelerator, Seed
Bloomberg BetaSeed

Market signals

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  • Apr 8, 2026

    Launched specialty contractor payroll software for union payrolls.

  • Mar 25, 2026

    $10M round completed.

Trayd Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Trayd Filings

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Firmographic Details

HeadquartersNew York City, New York
Employee Range26
Year Founded2021
Last FundingMar 25, 2026

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