Product Trayd Put a General Ledger Behind Its Payroll Engine and Pointed It at the Job Trayd launched an accounting module on 24 September, extending the payroll system it raised a $10M Series A for in March into the ledger itself. It is the second New York company this month, in our coverage, to argue that construction accounting's problem is architectural — and the two have picked opposite ways to fix it. Hugo Pegley · Sep 24, 2026
Funding Trayd Raised $10M in Three Weeks to Fix the Payroll Nightmare No One Builds Software For White Star Capital led a $10 million Series A for Trayd, with Y Combinator and Suffolk Technologies doubling down and real-estate owner RXR joining. The bet: specialty-trade payroll — union rules, prevailing wage, multi-state tax — is a software business hiding in plain sight. Hugo Pegley · Jul 20, 2026