The Watch · Investors · Sample · YC book

Trestle

A field operating system that routes a job between an AI quoting agent, a site robot, and a human tech with a wearable.

Fictional company. Shown as a Y Combinator login would see it. Other firms' books stay closed on this login.

Fund-fit · this desk

Y Combinator

Hits “New Operating Systems for the Physical World”: a job is a live workflow on a site, not a ticket in an office tool. This is the book this login opens.

a16z

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Sequoia

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Hard vs fundable

Why it is hard

Robot plus field OS plus safety is years, not days. Hardware, liability, and a three-actor loop are a full company, not a weekend product.

Why a fund still writes the check

Labor is 10–100× software. End-to-end field data — quote, site, robot, tech — is the moat. That is the company.

Example stats

Example data
11 min

Example dispatch cycle time, quote to on-site. Not a real metric.

Example data
4,200

Example contractor seats on the OS. Not a real customer count.

Example data
18 / 82

Example robot-first vs human-led mix, wearable in the loop. Not a real split.

Valuation of the idea

Illustrative comparable bands for this category, not a 409A and not a bid. Tagged example so the format is visible.

Example · Seed
$8–15M

Post-money if a few crews are live on the OS. Comps: early field-ops SaaS, not a copilot round.

Example · Series A
$40–80M

If they own quote-to-done on the site, not just the office. The jump is workflow ownership, not seats.

Example · Outcome
$0.8–2B

Strategic sale range if they become the OS of a trade. Public comps in the neighborhood: ServiceTitan, Samsara-class field platforms. Not a forecast.

Example data. Built from public category comps, not Trestle books. Live dossiers use the same frame on real companies.

Exit map for this company

Who would buy Trestle, and why this product, not a generic field app.

Most likely · Strategic

ServiceTitan, Salesforce Field Service, Autodesk Construction, Home Depot Pro. They own the office. They buy Trestle to own the site: quote agent, robot, tech, wearable in one loop. Five to seven years if the data compounds.

Hardware path

Robot and equipment OEMs (site mules, HVAC majors). They buy the software layer so their machine is the default worker on the job, not a bolt-on. Only works if Trestle is vendor-neutral long enough to be worth capturing.

Less likely · IPO

Public only if they become the operating system of a whole trade, not a feature. Default path is a strategic sale. PE is a backup if ARR is real and growth is boring.

Specific to this idea. Live dossiers name acquirers and the asset they would actually be buying.

First-call questions

  1. Who owns the site when the robot and the tech disagree?
  2. What is the safety envelope when the quoting agent is wrong about the work?
  3. How do you unseat ServiceTitan or Jobber without becoming a feature on their job?
  4. Whose robot, whose wearable — and whose failure — is the hardware dependency?
  5. Where does field data compound so a competitor cannot just buy the same robot?

Kill shots / risks

Safety

A wrong quote plus a robot on a roof is a lawsuit, not a bug. Field OS without a hard stop is uninvestable.

Incumbents

ServiceTitan and Jobber own the office. Trestle has to own the site, or it is another layer those two absorb.

Hardware dependency

If the robot vendor dies or the wearable is a toy, the OS collapses back into a dashboard. Software cannot bluff the physical loop.

This is the format

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