Trunk Tools Raises $20 Million from Redpoint Ventures for AI in Construction; Harmonyze Secures $2 Million from Bowery Capital

Trunk Tools has successfully raised $20 million in a Series A funding round led by Redpoint Ventures. The company aims to expand its suite of AI agents specifically designed for the construction industry. Additionally, Harmonyze, a platform that develops AI agents to facilitate operations between franchisors and franchisees, has secured $2 million in pre-seed funding from Bowery Capital. This investment will help enhance franchise operations through the use of AI technology. The focus on AI innovations highlights the growing trend of integrating artificial intelligence into various sectors, including construction and franchise management.