Trayd

Trayd develops payroll and workforce software for construction trade contractors, with an emphasis on regulatory compliance. The platform captures labor hours, wage rates and worker classifications in the field and channels them into certified payroll reports, which the company says can be produced in three clicks. Compliance-oriented modules cover automated certified payroll, union management and real-time job costing, positioned around requirements such as prevailing wage and Davis-Bacon rules and the risk of Department of Labor penalties.

Beyond payroll, the product suite spans HR and people management (onboarding, benefits, approvals, forms), scheduling and dispatch (crew scheduling, crew communication, equipment scheduling), and field and labor tracking through a worker app, a foreman app and daily shift reports, plus a reporting layer. The company markets transparent pricing with no hidden fees and includes compliance reporting at no additional cost. Customer support is provided by an in-house, US-based bilingual (English and Spanish) team with dedicated account management.

Business model

Software product sold to construction contractors, with the company emphasizing transparent, upfront pricing covering the complete suite of tools required to run compliant payroll, and compliance reporting included rather than charged as an add-on [0].

Traction

The website states the product is used by hundreds of contractors across trades. Customer testimonials cite growth from 3 to 42 employees at Titan Structural Group and an over-80% reduction in administrative work at Tompkins Excavating, and a case study describes a contractor reducing payroll to a two-hour task [0].

Latest developments

A February 2025 feature reported that Trayd planned to launch new features and expand its team. The company was included in a Top 50 ConTech Startups 2026 listing published January 2026, and was featured in the Verticalized newsletter in December 2025 [0].