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RE Tech Firm Truss Completes $15M Funding Round

Commercial space platform Truss has completed a $15-million Series A-2 funding round. The round was led by General Catalyst, which has invested in Airbnb, ClassPass and Deliveroo, and supporting investors including Navitas Capital, Hyde Park Angels and Hyde Park Venture Partners.

“The increased resources will allow us to expand into more markets and grow our team, in turn yielding more available spaces in more places to our customers,” said Tom Smith, co-founder of Chicago-based Truss.

General Catalyst’s Adam Valkin said the Truss marketplace, with over 30,000 spaces ranging from office to retail, “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.”

Truss’ momentum in its first nine markets, driven partly by its AI-driven chatbot interface, “suggests that real value is being unlocked for all parties,” he added.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
  • ◦Lease
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