Trayd

Overview

Trayd is a construction payroll and compliance platform [1] headquartered in New York City, NY, USA [2]. The company participated in Y Combinator's Summer 2023 batch [3] and operates with a team of 34 [4]. Trayd provides payroll, compliance, and back office workflows designed for the construction industry, addressing processes traditionally managed through spreadsheets and legacy systems [5]. The platform enables construction workers faster access to earned wages and assists subcontractors with payroll management [5]. Trayd's infrastructure encompasses payroll processing, union regulations, job costing, and accounting workflows [5].

Trayd is building the operating system for commercial construction: payroll, compliance, and back office workflows that actually work in the real world. Construction is one of the biggest industries in North America (valued at $2T+), and it still runs on a messy mix of spreadsheets, legacy payroll providers, and manual processes that break the moment things get even slightly complex. The people doing the work are the hardest working people in the country, and the companies running crews are forced to spend hours every week fighting systems that were never built for them. We’re changing that. Trayd started with a simple promise: construction workers should be able to access the money they already earned faster, and subcontractors should be able to run payroll without chaos. Today, we’re building deeper infrastructure across payroll, union rules, job costing, and accounting workflows so our customers can run their businesses with confidence. [5]

Y Combinator's directory lists the company location as New York City, NY, USA. [2]

Growth & traction

Y Combinator lists a team size of 34. [4]