Company Announcements

Acquisition to help customers identify and neutralize project risks such as payment disputes and notification failures

WESTMINSTER, Colo. , April 2, 2026 /PRNewswire/ -- Trimble (Nasdaq: TRMB) announced today it has signed an agreement to acquire Document Crunch, a leader in construction-specific AI document analysis and risk management across the project lifecycle. The acquisition will allow Trimble to incorporate document intelligence and compliance automation across the Trimble^® Construction ecosystem, enhancing existing workflows in project management and construction ERP systems. Financial terms were not disclosed.

Document Crunch's purpose-built AI for construction addresses critical pain points that can directly impact profitability for contractors, such as critical risk provisions, payment disputes, specification non-compliance and notification failures. The addition of Document Crunch further complements Trimble's focus on solving discrete, high-value business problems for customers within the industries it serves.

"Success in construction relies on the ability of every stakeholder to understand and mitigate risk in real-time," said Mark Schwartz, senior vice president of AECO software at Trimble. "Document Crunch will provide a 'contractual rule set' to serve as the intelligent DNA for the entire Trimble Construction One (TC1) suite, automatically pushing critical obligations, compliance requirements and payment terms into Trimble's robust project delivery ecosystem."

Solving high-value pain points
Document Crunch serves general contractors and subcontractors, along with a growing base of designers, owners and insurance carriers, and other users with an interest in reducing risk in construction. The acquisition brings proven market validation (having been deployed on 10,000+ projects), industry leadership, and a seasoned AI engineering team directly into Trimble to drive immediate ROI for customers by:

• Preventing Costly Errors: Catching invoice payment term mismatches as well as broader contract, compliance and scope risks before they escalate into disputes.
• Reducing Administrative Burden: Streamlining the review and generation of critical documentation, such as risk reviews, project playbooks and delay notifications.
• Infusing Intelligence: Providing a contractual rule set that can push obligations and compliance requirements directly into project management and ERP workflows.

"The construction industry is at a tipping point for AI adoption and our focus on risk reduction and automated compliance has positioned us to lead this next phase for the industry," said Josh Levy, co-founder and CEO of Document Crunch. "We're excited to build upon the strategic foundation of Trimble to help customers unlock new dimensions of value from data that resides across the construction lifecycle. Joining Trimble allows us to scale our vision and evolve to a core component of a widely comprehensive construction platform."

Document Crunch will be reported as part of Trimble's AECO segment. The transaction is not expected to have a material impact on 2026 financial guidance. The transaction is expected to close in the second quarter of 2026.

Availability
As a component of the Trimble Ventures portfolio and current Trimble Marketplace partner, Document Crunch already integrates with Trimble ProjectSight^® project management software to help users anticipate, understand, manage and mitigate contractual risks throughout the project lifecycle.

Document Crunch's risk reduction platform is currently available for North American civil and building contractors: https://www.documentcrunch.com. Integrations within the Trimble Construction ecosystem are planned as part of the future product roadmap.

About Trimble
Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it's helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.

Forward-Looking Statements
This press release contains forward-looking statements regarding the business operations and prospects of Trimble, including but not limited to the timing of the acquisition closing; plans to incorporate and scale Document Crunch solutions across the Trimble Construction ecosystem; and the development of Document Crunch as a core component of a comprehensive construction platform. These forward-looking statements are subject to change, and actual results may materially differ due to certain risks and uncertainties. Factors that could cause or contribute to changes in such forward-looking statements include, but are not limited to (i) realizing the anticipated benefits of the acquisition, including Trimble's ability to integrate Document Crunch, and provide valuable, compelling offerings to customers, (ii) risks inherent in the use of artificial intelligence, including errors and hallucinations; and (iii) the risks and uncertainties associated with unexpected expenditures or assumed liabilities that may be incurred as a result of the acquisition. More information about potential factors which could affect Trimble's business and financial results is set forth in reports filed with the SEC, including Trimble's quarterly reports on Form 10-Q and its annual report on Form 10-K. All forward-looking statements are based on information available to Trimble as of the date hereof, and Trimble assumes no obligation to update such statements.

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SOURCE Trimble