EquipmentShare Raises Additional $150M in Series E Funding

Funding Rounds

▤ Summary

EquipmentShare, a Columbia, MO-based equipment and digital solutions provider serving the construction industry, raised additional $150M in Series E funding. The company intends to use the funds to continue to invest in the expansion of its US rental footprint and its T3 technology platform. Led by CEO Jabbok Schlacks, EquipmentShare is a nationwide provider of construction technology and equipment solutions featuring through tools, platforms and data-driven insights. By providing contractors, builders and equipment owners with its proprietary technology, T3, EquipmentShare aims to drive productivity, efficiency and collaboration across the construction sector. The suite includes a fleet management platform, telematics devices and an equipment rental marketplace.

$ Funding

$
Amount $150.0M Total raised
□
Date September 14, 2023 Announcement date
◎
Investors - Lead investors
▥
Company - Funded company

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Construction Software Fleet Management Software Telematics Software

▦ Linked Companies

EquipmentShare
$500M to $1B