Truss logo — Move money without the heavy lifting.

Truss

Move money without the heavy lifting.

Founded 2021 United States San Francisco, United States 15 employees Series Unknown Total: $5.34M B2B, Financial Services +4

General Information

Company Name Truss
Founded Year 2021
Location United States San Francisco, United States +1
Employees 15
Industries B2B, Financial Services, Fintech +3
Funding Stage Series Unknown
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About Truss

Truss is redefining financial operations in the construction industry with its innovative solutions. Founded in 2021, the company positions itself as a pioneer in the fintech and prop tech landscape, targeting the niche market for contractors. With the slogan, "Move money without the heavy lifting," Truss seeks to simplify payment processes for construction businesses.

The platform enables seamless transactions by offering features such as vendor payments, customer collections, and corporate card management within a single platform. This comprehensive solution integrates with existing systems to automate the billing to reconciliation cycle, ensuring efficiency and accuracy.

Headquartered in the United States, Truss boasts robust security through FDIC insurance and compatibility with all U.S. banks and credit unions for swift ACH transfers.

In its latest funding round on 03 November 2022, Truss secured $4.01M from Mavan Capital Partners, underscoring investor confidence in its business model and growth potential.

Taxonomy: digital payments, B2B payments, Construction software, Credit card processing, Virtual cards, Business banking, ACH bank transfers, Vendor payments, Corporate cards, FDIC insured, ACH bank transfers, Instant payment platform

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
03 Nov 2022
Venture Round •••••• 2
Investor Investor
22 Aug 2021
Seed Round •••••• 3
Investor Investor
•••• ••••
31 Mar 2021
Pre Seed Round •••••• 7
Investor Investor Investor Investor Investor Investor
•••• ••••
15 May 2020
Non Equity Assistance •••••• 1 •••• •••• 01 Mar 2019

View All 7 Funding Rounds

Truss Alternatives & Competitors

Truss vs

Verbindend in betalingsverkeer

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Truss vs

Faster Payments Experts

24 employees
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Truss vs
Fire
Fire Ireland

Trusted. Integrated. Payments.

885 employees
Finance, Financial Services

FAQ About Truss

Move money without the heavy lifting.
Truss was founded in 2021.
Truss is headquartered in San Francisco, United States.
Truss operates in the following industries: B2B, Financial Services, Fintech, Payments, Prop Tech, Construction.
Truss has approximately 15 employees.
Truss has completed 7 funding rounds, raising a total of $5.34M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Truss include Betaalvereniging Nederland (Dutch Payments Association), Juniper Payments - A Velera Company, Fire, PMI, GoCardless. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Truss and Betaalvereniging Nederland (Dutch Payments Association) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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