Funding Buildforce Raised $10M on Two Million Hours of Electricians A Series A led by Saepio Capital for a tech-enabled staffing platform placing electricians with commercial contractors. Seven years in, the traction number is hours worked — which is a harder metric to manufacture than most. Hugo Pegley · Aug 13, 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
Funding DPR and Suffolk Technologies Invest in Skillit, Arguing Construction's Labor Problem Is Really a Data Problem Two of the most technology-focused general contractors in the country have made undisclosed equity investments in Skillit, an AI hiring platform with 190,000 vetted craft workers across 45 trades. Their thesis: the industry doesn't have a worker shortage — it has a broken market for finding the workers it already has. Hugo Pegley · Jun 25, 2026
