Trestle, the pioneering platform for subcontractor and supplier data centralization and performance management in the construction industry, has successfully secured $2.3 million in pre-seed funding. The round was led by Lerer Hippeau, with participation from MetaProp, Laconia Capital, Alumni Ventures, The LegalTech Fund, Redbud VC, and Meridian Ventures.
Trestle, founded in 2022, is designed to address critical inefficiencies in the construction industry by providing a centralized platform for subcontractor and supplier data. The company’s solution simplifies vendor management and performance analytics, crucial for contractors handling large-scale projects. Trestle’s technology aggregates and connects vital information, allowing contractors to enhance project transparency, mitigate risks, and make informed decisions.
Victor Zhang, P.E., CEO and co-founder of Trestle, remarked, “With over 15 years of experience in construction, our team is uniquely equipped to tackle the industry’s challenges. This funding will be pivotal in expanding our software engineering team and refining our platform to serve as the industry’s definitive source for vendor management and performance analytics.”
The investment marks a significant milestone for Trestle, which currently maintains a database of 54,000 subcontractors and suppliers. Notable U.S. contractors such as Yonkers Contracting Company and TCE – An Iovino Enterprises Company are already leveraging Trestle’s platform for managing their vendor relationships.
Andrea Hippeau, Partner at Lerer Hippeau, expressed enthusiasm about the company’s potential: “Trestle stands at the cutting edge of construction management technology. We are excited to support Victor and Jason’s vision in addressing key industry needs with innovative solutions.”
Zach Aarons, Co-Founder and General Partner at MetaProp, added, “Trestle’s deep domain expertise and strong product instincts position them for substantial impact in modernizing construction project management. We look forward to supporting their continued success.”
Editorial Opinion
Trestle’s pre-seed funding success highlights a transformative shift in construction management. By offering a centralized, automated solution, Trestle addresses long-standing inefficiencies and provides much-needed modernization in vendor management. The platform’s ability to integrate with existing systems and provide real-time analytics positions it as a game-changer for contractors managing complex projects.
With the construction industry traditionally lagging in technological adoption, Trestle’s innovative approach and strategic funding will likely accelerate its growth and adoption. The company’s strong team and clear vision for streamlining vendor management reflect a promising future in tackling the industry’s challenges. trytrestle.com.
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