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truss.co

Founded Year

2016

Stage

Acquired | Acquired

Total Raised

$24.2M

About Truss

Truss is a commercial real estate platform that helps small and medium businesses find available office space, providing an end-to-end service that walks tenants through the negotiation and lease signing process. With Truss, landlords can post listings and subleases at no cost, market vacant spaces directly to tens of thousands of tenants, and manage listings and transactions in one place via a cloud-based platform using their own lease documents.On September 22, 2020, Truss was acquired by Avison Young. The terms of the transaction were not disclosed.

Truss Headquarter Location

500 Lake Cook Road Suite 350

Deerfield, Illinois, 60015,

United States

1-888-349-7077

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Expert Collections containing Truss

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Truss is included in 1 Expert Collection, including Real Estate Tech.

R

Real Estate Tech

2,258 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, et

Truss Patents

Truss has filed 7 patents.

The 3 most popular patent topics include:

  • Alternative currencies
  • Blockchains
  • Cryptocurrencies
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/6/2018

12/7/2021

Cryptocurrencies, Cryptography, Blockchains, Alternative currencies, Key management

Grant

Application Date

8/6/2018

Grant Date

12/7/2021

Title

Related Topics

Cryptocurrencies, Cryptography, Blockchains, Alternative currencies, Key management

Status

Grant

Latest Truss News

Liz Truss unveils plan for 'revised' Northern Ireland protocol, which MPs say could be illegal

May 17, 2022

Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Liz Truss set out plans Tuesday for a bill to create "a new revised protocol" in the next few weeks, less than three years after the UK agreed the Northern Ireland protocol with the EU. The Foreign Secretary told MPs that the UK would prefer to negotiate a new version of the protocol, but that the difficult post-pandemic economy meant that it was prepared to act alone to get a faster result. "Our intention is to introduce legislation in the coming weeks to make changes to the protocol," Truss said. "Our preference remains a negotiated settlement, and we remain open to further talks if we can achieve the same outcome." She said she had invited the EU's chief negotiator, Maros Sefcovic, to London to discuss this "as soon as possible." She said that prior talks had failed to yield a solution because Brussels' mandate does not allow for the protocol to be reopened. "We are clear there is a necessity to act to ensure institutions can be restored as soon as possible," she added. The legislation would have the "explicit power to give effect to a new revised protocol", to "ensure parity of esteem and the protection of economic rights", Truss said. But Stephen Doughty, Labour's shadow foreign affairs minister, said Truss needed to "set out clearly to the House why this doesn't break international law". He accepted the "excessive burdens" faced by businesses exporting goods from Britain to Northern Ireland, noting this risked undermining consent in the region. But he called for "calm heads and responsible leadership", saying that moving unilaterally risked causing a "downward spiral in our relationship with the EU" and could lead other countries to "question whether we can keep our end of the bargain". Doughty said: "It is deeply troubling for the Foreign Secretary to be proposing a bill that would apparently break a treaty that the government itself signed just two years ago. That will not resolve issues in Northern Ireland in the long term and rather it would undermine trust and make a breakthrough more difficult." Responding, Truss said the government was "very clear this is legal in international law and we will be setting out our legal position in due course". Colum Eastwood, leader of the Northern Ireland's SDLP, also warned about the legality of the move, saying: "It's a very simple question - how can any international partner or any citizen of the north of Ireland ever trust this government again?" Tory MPs also raised concerns about law-breaking. Simon Hoare, the chairman of the Northern Ireland committee, said it was "extraordinary" that the government needed to be reminded of the need to uphold the law. Truss was speaking to MPs after the strategy was signed off at a Global Britain meeting earlier in the morning. She also updated the Cabinet, alongside Boris Johnson, who told ministers that "it was clear all five parties in Northern Ireland wanted changes to how the protocol was currently operating". Johnson visited Belfast on Monday to meet the main party leaders there, including those of the DUP and Sinn Fein. During his visit, Johnson gave a glimpse of some of the UK's plans, saying: "We would love this to be done in a consensual way with our friends and partners, ironing out the problems, stopping some of these barriers east-west. "But to get that done, to have the insurance, we need to proceed with a legislative solution as well. "  DUP's leader Sir Jeffrey Donaldson, who sits in parliament as an MP, said the UK government's plans were "a welcome if well overdue step", and urged Truss to bring forward legislation "in days and weeks, not months". Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications

  • When was Truss founded?

    Truss was founded in 2016.

  • Where is Truss's headquarters?

    Truss's headquarters is located at 500 Lake Cook Road, Deerfield.

  • What is Truss's latest funding round?

    Truss's latest funding round is Acquired.

  • How much did Truss raise?

    Truss raised a total of $24.2M.

  • Who are the investors of Truss?

    Investors of Truss include Avison Young, Hyde Park Venture Partners, Navitas Capital, General Catalyst, Hyde Park Angels and 5 more.

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