Trayd, a New York–based construction payroll and compliance platform designed for specialty contractors, has raised $10 million in Series A funding.
Investors
The round was led by White Star Capital, with participation from Suffolk Technologies, Y Combinator, and RXR, which brings Trayd's total funding to $15 million.
White Star Capital is a global, multi-stage technology investment firm that helps entrepreneurs scale their businesses internationally. Headquartered in Guernsey, with major hubs in New York, London, Paris, Montreal, Toronto, Tokyo, and Singapore, the firm manages over $1 billion in assets across multiple flagship and specialized funds.
Trayd Use of Funds
The company will use the funds to accelerate product development and support its national expansion.
About Trayd
Founded in 2021 by Anna Berger and Cara Kessler, Trayd is a company that provides an all-in-one back-office operating system designed specifically for specialty trade contractors. It offers payroll, HR, scheduling, and field tracking tools, automating wage calculations, tax adjustments, and compliance reporting across union, prevailing wage, and multi-state environments. Headquartered in New York, Trayd serves specialty trade contractors across the United States, with integrations for all major accounting and enterprise resource planning systems.
Funding Details
Company: Trayd, Inc.
Raised: $10.0M
Round: Series A
Funding Date: March 2026
Lead Investor: White Star Capital
Additional Investors: Suffolk Technologies, Y Combinator, RXR
Company Website: https://www.buildtrayd.com/
Software Category: Construction Payroll & Workforce Management Software
Source: https://www.globenewswire.com/news-release/2026/03/25/3262211/0/en/Trayd-Raises-10M-to-Transform-Payroll-for-Specialty-Trade-Contractors-with-31-Productivity-Gains.html