Lumber Launches Platform for Transforming Construction Workforce Management With $5.5M Seed Round
Converge is pleased to announce its investment in Lumber, a purpose-built workforce management solution for the complex needs of the construction industry. Lumber’s modern, purpose-built payroll and time-tracking solution is powered by a construction-specific LLM trained on the large sets of regulatory and compliance data for the construction industry, bring much-needed automation to a labor-constrained field. Converge invested alongside Carbide Ventures, Escape Velocity, 8VC, Sure Ventures, and Firsthand Alliance. You can read more about the launch here in Construction Dive.