Trestle has secured $2.3 million in pre-seed funding to enhance its vendor management platform for the construction industry, addressing critical challenges in contractor-supplier relationships.
Target Information
Trestle is a pioneering automated prequalification and vendor management platform dedicated to the heavy construction industry. Founded in 2022 and headquartered in New York City, the company has crafted a unique solution to centralize and streamline subcontractor and supplier data management. With a rapidly growing database of 54,000 subcontractors and suppliers, Trestle provides modern software tools aimed at enhancing project transparency, risk mitigation, and vendor relationship management for contractors engaged in large-scale construction projects.
The company's innovative approach, driven by a team with over 15 years of extensive construction experience, addresses the pressing challenges faced by general contractors. Trestle's platform serves as the industry's primary hub for managing essential vendor information, thus improving efficiency and ensuring data accuracy across various project stakeholders.
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Industry Overview
The heavy construction industry in the United States is characterized by its complexity and reliance on multiple systems for project management. Despite advancements in technology, many contractors continue to struggle with disparate data
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Lerer Hippeau
invested in
Trestle
in 2024
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $2M