Trusstor

Company Overview

Snapshot

Founded in April 2019 by Omri Sorek and Ofer Simon, Trusstor operates with 11–50 employees. The company has raised $4.5M across two funding rounds from five investors. In August 2021, Trusstor secured a Seed round with State of Mind Ventures as a lead investor.

Business overview

Trusstor develops an AI-based construction management command and control system, leveraging real-time location and site condition sensors. The company's core technology utilizes unique IoT devices that operate without external power or communication networks, providing a plug-and-play solution for construction sites. Trusstor's system delivers data insights, alerts, and resource locations through an intuitive real-time dashboard, aiming to enhance safety and productivity within the industrial construction sector, serving markets globally including the United Arab Emirates and the United States.

Strategic signal

In March 2022, Trusstor announced a strategic partnership for construction in Dubai, signaling the company's expansion into key international markets. This move highlights Trusstor's commitment to addressing safety and productivity challenges in global construction sites and indicates a strong potential for market penetration and growth in the Middle East.

Company Intelligence Q&A

What is Trusstor's primary focus in the construction industry?

Trusstor focuses on enhancing safety and optimizing project management in construction through its AI-based command and control system, which uses real-time location and site condition sensors.

What was a significant funding event for Trusstor?

In August 2021, Trusstor completed a Seed funding round, with State of Mind Ventures participating as a lead investor.

Has Trusstor expanded its operations internationally?

Yes, in March 2022, Trusstor announced a strategic partnership for construction projects in Dubai, United Arab Emirates.

What technology does Trusstor utilize for data collection on construction sites?

Trusstor utilizes unique IoT devices that do not require external power sources or communication networks to gather valuable data from construction sites, providing a plug-and-play solution.