# Trayd

> Trayd is a New York-based back-office operating system built for specialty trade contractors, unifying payroll, HR, compliance, scheduling and real-time labor tracking in one platform. It automates the hardest parts of construction pay - union rules, Davis-Bacon prevailing wages, multi-state taxes and certified payroll - cutting weekly processing from 14 hours to 27 minutes while giving workers earned wages days sooner. Founded in 2021 by Anna Berger and Cara Kessler and backed by Y Combinator, Suffolk Technologies and White Star Capital, Trayd has grown revenue 600% year over year.

- **Founded:** 2021
- **Headquarters:** New York, New York, United States
- **Founders:** Anna Berger (Co-founder & CEO), Cara Kessler (Co-founder & CTO)
- **Team size:** ~24 employees (grown from 6)
- **Products:** Construction Payroll, HR & People Management, Scheduling & Dispatch, Field & Labor Tracking, Job Costing & Reporting
- **Notable:** Cut average weekly payroll processing from 14 hours to 27 minutes (~31x productivity gain), Achieved over 600% year-over-year revenue growth, Raised $10M Series A in roughly three weeks with Y Combinator following on

## Products & services

- **Construction Payroll** — Automated payroll built for union rules, Davis-Bacon prevailing wages, multi-state taxes, wage overrides and off-cycle runs, with certified payroll generated in three clicks.
- **HR & People Management** — Employee onboarding, benefits, forms, approvals and multi-entity support for construction teams.
- **Scheduling & Dispatch** — Workforce scheduling, crew communication and equipment scheduling for field operations.
- **Field & Labor Tracking** — Worker and foreman mobile apps with geolocation clock-in, daily shift reports and auto-captured labor hours, wage rates and worker classifications.
- **Job Costing & Reporting** — Real-time labor cost analytics and project-based cost tracking tied directly to payroll data.
- **Earned Wage Access / Same-Day Pay** — Gives construction workers access to earned wages 7-10 days sooner than legacy payroll providers.

## Achievements

- Cut average weekly payroll processing from 14 hours to 27 minutes (~31x productivity gain)
- Achieved over 600% year-over-year revenue growth
- Raised $10M Series A in roughly three weeks with Y Combinator following on
- Grew total funding to ~$15M across seed and Series A
- Scaled team from 6 to ~24 while processing tens of millions in weekly payroll

## Latest updates

- **2026-03** — Raised a $10M Series A led by White Star Capital, with Suffolk Technologies, Y Combinator and RXR participating, bringing total funding to about $15M.
- **2025-02** — Closed a $4.5M seed round led by Suffolk Technologies with Bloomberg Beta and Y Combinator.

## Links

- Website: https://buildtrayd.com
- LinkedIn: https://www.linkedin.com/company/traydinc
- Twitter/X: https://x.com/buildtrayd

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Profile page: https://yespress.io/trayd-construction-payroll-hr-compliance
Published by YesPress — https://yespress.io
Last updated: 2026-07-17