Home > Featured > Truss closes $15M in Series A2 financing

Truss closes $15M in Series A2 financing

Deerfield, IL startup Truss, founded in 2016, raised $15 million in Series A2 financing.

General Catalyst led the January 17 deal, with Navitas Capital, Hyde Park Venture Partners, Hyde Park Angels, and Jeff Boyd, former CEO of Priceline and managing director of Brothers Brook, participating. The company plans to use the money to expand its team and market reach.

The Truss platform is an online real estate marketplace for small to medium-sized businesses.  Users can search over 30,000 and more than 300 million available square feet in office, coworking, industrial and retail spaces.  Users can leverage Truss features to tour spaces virtually, compare deals, and lease spaces in Chicago, Boston, South Florida, D.C., Maryland, Northern Virginia, Houston, Dallas, San Antonio and Austin.

“As Truss continues to grow, we will continue our commitment to providing price transparency and increased efficiency for small business owners looking for the perfect space for their businesses,” said Tom Smith, co-founder of Truss, in a press release.

“The Truss marketplace offers small business owners greater speed, simplicity, and transparency in their search for new real estate. On the other side, Truss provides higher volumes and more qualified leads to brokers and owners,” said Adam Valkin, managing director at General Catalyst, said in a press release. “The company’s momentum in its first nine markets, driven in part by its AI-driven chatbot interface, suggest that real value is being unlocked for all parties.”

Company co-founders are Andrew Bokor, Marshall Hudes, Robert Goodman and Thomas Smith.

Check out www.truss.co to learn more about this company.

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