Trunk Tools

Trunk Tools is a construction-focused FinTech startup that addresses the skilled labor shortage by helping workers get paid faster. It provides an all-in-one platform designed to manage skilled labor and complex projects across industries like construction and manufacturing. 

The Trunk Performance product is designed to enhance productivity by linking a portion of cost savings and profitability of projects to employee rewards, facilitating expedited payments, and offering earned wage access. The platform uses AI to assist managers in setting productivity goals and safety rewards, which are delivered directly to workers via SMS, eliminating the need for additional app downloads. Workers can view tasks, check balances, review transactions, and perform other essential functions directly from their phones. Companies can pay employees instantly using dedicated debit cards while Trunk Tools’ software integrates seamlessly with existing payroll systems to ensure efficient operations.

The company operates through a subscription model, targeting blue-collar construction and manufacturing companies with fully-developed project management and enterprise resource planning processes, typically employing more than 100 skilled trades professionals.

Key customers and partnerships

The company’s notable customers include Gilbane, Suffolk Construction, STO Building Group, Charps, and AMLI Residential.