Equipmentshare Completes $150M Series E Extension Equity Raise
09/13/23, 9:04 PM
Location
Money raised
$150 million
Industry
construction
software
Round Type
series e
Investors
Bdt & Msd Partners
EquipmentShare, an equipment and digital solutions provider serving the construction industry, today announced that it has completed an extension of its Series E equity raise, led by funds affiliated with BDT & MSD Partners. Through the extension, EquipmentShare raised an incremental $150 million from existing and new investors, for a total of $440 million in Series E funding in 2022 and 2023.
Company Info
Location
5710 bull run drive
columbia, missouri, united states
Additional Info
Headquartered in Columbia, Mo., EquipmentShare is a nationwide construction solutions provider dedicated to solving industry pain points through smart jobsite technology and equipment rental, retail and service centers. EquipmentShare's cloud-connected platform, T3, is powered by telematics and machine hardware to give construction and industrial companies a real-time view into their jobsite and operations. EquipmentShare's enterprise suite of apps is OEM-agnostic and can track and manage any piece of equipment, regardless of brand, to help fleet managers monitor assets, prevent theft and machine misuse, track employee hours and shifts, increase machine utilization, streamline maintenance and prevent unplanned downtime. Our business was founded in 2014 and we employ more than 4,100 team members of diverse perspectives that push the boundaries of possibilities to create unparalleled customer value, support their communities and empower construction professionals to work more efficiently. EquipmentShare's growing presence of locations, which includes equipment and service yards, research and development sites, dealerships for major brands, administrative offices and specialty solutions locations, serve the rising demand for the company's equipment and digital solutions. To learn more, visit equipmentshare.com.