Banking for construction
Public company, workplace, funding, and market signals
Truss is a fintech platform for construction businesses that combines banking, payments, bill pay, receivables, invoicing/reconciliation, and crew cards through a partner-bank model (Thread Bank, Member FDIC). Public sources disagree slightly on history: LinkedIn says founded in 2021, while YC/third-party profiles trace the product/company lineage to 2019 and earlier MazumaGo origins, so the current Truss brand is best treated as 2021 while acknowledging the earlier origin. Public funding data also varies a bit by source, but the latest clearly disclosed round is a $4M 2022 financing and LinkedIn totals $5.02M across 5 rounds.
Primary product
All-in-one banking and payment automation platform for construction businesses
Founded
2021
Headquarters
San Francisco, California, United States
Team size
11-50 employees
Work style
Remote
Industry
Financial Services
0 jobs at Truss
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Sub-industry
Construction fintech / banking and payment automation
Offices
Business model
Stage
Series A
Total raised
$5M
Latest round
Venture Round · Nov 2022
Latest amount
$4M
Leadership
Chief Executive Officer
Head of Growth
Tech Lead Engineering Manager
Founders
Co-Founder & CTO
Investors
AI-first, fast-moving, tiny-team culture with high ownership, little bureaucracy, and a strong bias toward shipping quickly and experimenting with AI tools.
Work style
Remote
Visa sponsorship
Limited
Compensation
Public YC job ads show roughly CAD $110K-$250K base depending on role, plus about 0.01%-0.50% equity; some roles also mention a professional development budget and conference attendance.
Benefits
Pricing
No monthly subscription or account fees; free ACH transfers and free check service; customer card payments can carry a processing fee (for example, 3.25% + $0.30 on the JobTread integration announcement).
Differentiators
Technology
Customers
Competitors
Estimated revenue
USD 1.8M-9.1M estimated by third-party sources; some public data providers place it closer to about USD 10M.
Estimated monthly visits
6.9K
Traffic estimate as of May 2026
Matthew Smith said in April 2025 that the COO and a co-founder left within days of each other, and he let the sales team go before shifting the company to founder mode and product-led growth after nearly running out of money twice.
SourceTruss News Center · Jul 2026
Truss announced direct JobTread integration so users can place a Pay button on JobTread estimates and invoices, sync directly without QuickBooks as an intermediary, and accept ACH or card payments.
Truss News Center · Jun 2026
Truss rolled out 2% cashback on eligible card purchases, the ability to pay vendor bills with a Truss credit card, faster Tap to Pay, a refreshed card UX, faster approvals, and updated security/fraud protections.
Truss News Center · May 2026
Truss announced 2% cashback on card purchases, a redesigned dashboard, and improvements to Tap to Pay and overall card/payment workflows.
Truss blog · Aug 2023
Truss announced its Thread Bank partnership, citing improved FDIC coverage, faster outgoing ACH processing, and a roadmap that included mobile check deposit, sending checks to pay invoices, and lines of credit.