Trusstor Overview
Trusstor is a construction management command and control system powered by real-time location and site condition sensors. By providing a clear and up-to-date view into a projects status, Trusstor helps create a safer and more productive working environment. Trusstor gathers valuable data from the construction site using unique IoT devices that do not require any external power source or communication network, making it a plug-and-play solution. The system conveys data insights, alerts, and resource locations using an intuitive real-time dashboard to maximize site visibility.
Cumulative Funding Raised Over Time ($)
$4.5MAug 2021
$4.5MOct 2020
Latest News
growth-positive
שת"פ של בינוי בדובאי - וואלה! כסף
Israeli company Trusstor has signed a partnership agreement with Emaar Properties, a multinational real estate development company based in the United Arab Emirates. Trusstor hosted a delegation from Dubai to establish connections with leading construction companies in the real estate sector. State Of Mind Ventures, an Israeli venture capital fund, led the latest investment round in Trusstor and joined the delegation to build strategic relationships with companies and technologies in the UAE.
Partners
growth-positive
האם טכנולוגיה ישראלית תענה על שני האתגרים הבוערים ביותר באתרי בנייה?
Israeli start-up Trusstor has developed a control and monitoring system for construction sites that aims to improve safety and efficiency. The system uses smart tags and sensors placed on workers, equipment, and the work environment to monitor activities in real-time. The system can identify errors in the construction sequence and alert the management team immediately. The company was founded in 2019 and has already begun implementing its system in Israel. Trusstor has also partnered with other companies, such as Beti, Peri, and Nextwave Safety Solutions. The company is now looking to expand its operations to the US and the United Arab Emirates.
PartnersExpand
growth-positive
First Israeli PropTech business delegation to the UAE - Sponsored Content | The Times of Israel
Israeli startup AUGMIND, which creates 3D content for mobile, augmented reality, and virtual reality applications, was featured at GITEX 2020, a major tech conference in Dubai. The company uses AI to produce mixed reality content for mobile devices in a cost-effective manner. AUGMIND is currently in the seed investment round phase of funding and recently received backing from the Israeli American Besadno Investment Group and its high-tech investment arm BSEED. The company is listed on the InvestiNation platform, which connects early-stage tech startups with certified investors.
Investment
growth-positive
הסטארט-אפ שרוצה לצמצם את מספר ההרוגים באתרי בנייה -
Israeli start-up Trusstor has developed a smart control system for construction sites that aims to reduce the number of fatalities. The system, which is based on Amazon Web Services cloud, collects data from hardware components installed on the construction site using sensors carried by workers. This data is then displayed in the control and monitoring system, providing site management with a real-time picture of the construction site and its workers. The system can alert managers to safety issues immediately, such as a worker not wearing a safety helmet or working at height without permission.
Customers
growth-positive
This Startup is Bringing AI to Construction to Enhance Safety and Optimize Project Management
AI startup Trusstor is developing a construction management hub to optimize the building process and ensure safer conditions for construction workers. The companys technology uses multifunctional sensors placed within a construction site and on workers to track data and increase construction productivity and safety. Trusstor raised seed funding in 2019 from a combination of venture capital and angel investors and is currently engaged with global Israel-based construction giants in paid pilot projects. The startup plans to use the funds to continue deploying their sensor fleet into worksites globally and develop their predictive algorithms.
InvestmentCustomersExpand
| Sector | Industrial Technologies |
Funding
| Total funding | $4.5M |
| Last funding | $4.5M |
| Stage | Seed |
| Rounds | 2 |
| Investors | 5 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | trusstor.com |
| Careers | Careers page |
Locations
Arlozorov Street 111, Tel Aviv, Israel
Dubai - United Arab Emirates
New York, NY, USA
Photos & Videos
2 item(s)
Trusstor Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Industrial TechnologiesProcess Automation & Intelligence SystemsTarget Customer
Real Estate & ConstructionDevelopmentCore Technology
Semiconductors & ElectronicsWearablesCommunicationsIOTArtificial IntelligenceMachine LearningTags (16)
decision-supportsafetyproductivityindustrial-constructionalert-systemcloud-basedconstructionmachine-learningdecision-makingsensorsworkforce-managementbig-dataartificial-intelligenceasset-trackingiotwearableGeographic Markets
United Arab EmiratesUnited StatesGlobalIsraelTrusstor Financials
$4.5M
Total funding
Undisclosed
Capital raised
$4.5M
Last funding
Seed
Funding stage
2
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$4.5MAug 2021
$4.5MOct 2020
Private Equity Funding
Seed
Aug 2021
$4.5M
State of Mind Ventures (Lead)
,
Alex Oppenheimer, Verissimo Ventures, Flashpoint Venture Capital
Seed
Oct 2020
Undisclosed
BuiltUp Ventures (BUV)
Trusstor Lifecycle
Cumulative Funding Raised Over Time
$4.5MAug 2021
$4.5MOct 2020
All Events
Seed
Aug 2021
$4.5M
State of Mind Ventures (Lead)
,
Alex Oppenheimer, Verissimo Ventures, Flashpoint Venture Capital
Seed
Oct 2020
Undisclosed
BuiltUp Ventures (BUV)
Trusstor News
5 articles
growth-positive
שת"פ של בינוי בדובאי - וואלה! כסף
Israeli company Trusstor has signed a partnership agreement with Emaar Properties, a multinational real estate development company based in the United Arab Emirates. Trusstor hosted a delegation from Dubai to establish connections with leading construction companies in the real estate sector. State Of Mind Ventures, an Israeli venture capital fund, led the latest investment round in Trusstor and joined the delegation to build strategic relationships with companies and technologies in the UAE.
Partners
growth-positive
האם טכנולוגיה ישראלית תענה על שני האתגרים הבוערים ביותר באתרי בנייה?
Israeli start-up Trusstor has developed a control and monitoring system for construction sites that aims to improve safety and efficiency. The system uses smart tags and sensors placed on workers, equipment, and the work environment to monitor activities in real-time. The system can identify errors in the construction sequence and alert the management team immediately. The company was founded in 2019 and has already begun implementing its system in Israel. Trusstor has also partnered with other companies, such as Beti, Peri, and Nextwave Safety Solutions. The company is now looking to expand its operations to the US and the United Arab Emirates.
PartnersExpand
growth-positive
First Israeli PropTech business delegation to the UAE - Sponsored Content | The Times of Israel
Israeli startup AUGMIND, which creates 3D content for mobile, augmented reality, and virtual reality applications, was featured at GITEX 2020, a major tech conference in Dubai. The company uses AI to produce mixed reality content for mobile devices in a cost-effective manner. AUGMIND is currently in the seed investment round phase of funding and recently received backing from the Israeli American Besadno Investment Group and its high-tech investment arm BSEED. The company is listed on the InvestiNation platform, which connects early-stage tech startups with certified investors.
Investment
growth-positive
הסטארט-אפ שרוצה לצמצם את מספר ההרוגים באתרי בנייה -
Israeli start-up Trusstor has developed a smart control system for construction sites that aims to reduce the number of fatalities. The system, which is based on Amazon Web Services cloud, collects data from hardware components installed on the construction site using sensors carried by workers. This data is then displayed in the control and monitoring system, providing site management with a real-time picture of the construction site and its workers. The system can alert managers to safety issues immediately, such as a worker not wearing a safety helmet or working at height without permission.
Customers
growth-positive
This Startup is Bringing AI to Construction to Enhance Safety and Optimize Project Management
AI startup Trusstor is developing a construction management hub to optimize the building process and ensure safer conditions for construction workers. The companys technology uses multifunctional sensors placed within a construction site and on workers to track data and increase construction productivity and safety. Trusstor raised seed funding in 2019 from a combination of venture capital and angel investors and is currently engaged with global Israel-based construction giants in paid pilot projects. The startup plans to use the funds to continue deploying their sensor fleet into worksites globally and develop their predictive algorithms.
InvestmentCustomersExpand
Trusstor Team
Omri Sorek
Co-founder & CEO
Founder
Employee Info
| Employees (range) | 11-50 |
| Exact count | 12 |
| Team members | 2 |
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Trusstor Internal
Recent Updates
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Maor Perlov |
| Registrar ID | 516071313 |
| Crunchbase | trusstor |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2022-08-30T00:00:00.000Z |
| Created | 2019-07-29T00:00:00.000Z |
| Claimed | Yes |