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.