How Much Did EquipmentShare Raise? Headquarters, Funding & Key Investors

EquipmentShare, founded in 2014 and headquartered in Columbia, Missouri, is a leading construction technology and equipment rental platform that has raised over $3.51 billion across multiple funding rounds, reaching a $3.89 billion valuation in 2023. With a workforce of 2,377 employees, the company integrates telematics, hardware, and cloud-based software to deliver real-time insights into job site operations. Backed by top investors like BDT & MSD Partners and RedBird Capital Partners, EquipmentShare continues to expand its digital marketplace, enhancing efficiency and innovation in the construction and industrial sectors.

How Much Did EquipmentShare Raise? Funding & Key Investors

EquipmentShare has raised significant capital across multiple funding rounds, most recently securing $150 million in Series E funding on September 13, 2023, to expand its construction technology platform. Founded in 2014, EquipmentShare specializes in providing a digital marketplace for renting and lending construction equipment, along with telematics-enabled hardware and cloud tools that give real-time insights into job site operations, helping contractors increase efficiency and reduce costs.

What Is EquipmentShare and What Does It Do?

EquipmentShare, established in 2014 by Brad Siegler, Jabbok Schlacks, Jeffrey Lowe, Matthew McDonald, and William Schlacks, is a Columbia, Missouri-based B2B marketplace and construction technology platform. The company empowers contractors and construction professionals to efficiently rent, lend, and manage equipment while leveraging cloud-based digital tools to monitor job sites.

With a team of 2,377 employees as of December 2022, EquipmentShare combines telematics, hardware, and software to provide real-time operational insights, optimize resource utilization, and boost project productivity.

In September 2023, the company secured $150 million in Series E funding, driving its valuation to $3.89 billion and highlighting investor confidence in its scalable, technology-driven marketplace for the construction and industrial sectors.

How Much Funding Has EquipmentShare Raised?

1. Debt Financing

Amount Raised: $1.2B
Date: September 2021
Lead Investors: Capital One Ventures
Motivation: To support business expansion and operational needs.

2. Series D

Amount Raised: $230M
Date: July 2021
Lead Investors: RedBird Capital Partners, The Spruce House Partnership, Tiger Global Management
Motivation: To fuel growth and enhance technology solutions.

3. Series E

Amount Raised: $290M
Date: April 2023
Lead Investors: BDT & MSD Partners
Motivation: To expand technology offerings and market reach.

4. Debt Financing

Amount Raised: $640M
Date: May 2023
Lead Investors: Capital One
Motivation: To support operational growth and debt refinancing.

5. Series E

Amount Raised: $150M
Date: September 2023
Lead Investors: BDT & MSD Partners
Motivation: To enhance technology and expand market presence.

6. Debt Financing

Amount Raised: $400M
Date: September 2023
Lead Investors: Not publicly disclosed
Motivation: To support business growth and operational needs.

7. Debt Financing

Amount Raised: $600M
Date: April 2024
Lead Investors: Not publicly disclosed
Motivation: To repay and refinance existing debt.

Total Funding Raised: $3.51 Billion

Current Valuation: $3.89 Billion (as of April 2023)

Latest Funding Date: September 2023

Key Investors

1. The Private Shares Fund

Details: Investment firm focused on private equity and growth-stage companies.
Investment Focus Areas: B2B marketplaces, technology-driven industrial platforms.
Notable Investments: SpaceX, Motive, Betterment, Dataminr, Upgrade.

2. Light Street Investments

Details: Venture capital and growth equity firm investing in innovative technology companies.
Investment Focus Areas: B2B SaaS, industrial technology, construction tech.
Notable Investments: Advanced Micro Devices, Bill Holdings, Inc, Celestica Inc, Sea Limited.

Where Is EquipmentShare’s Headquarters?

EquipmentShare is headquartered in Columbia, Missouri, providing access to construction industry networks, skilled technical talent, and a growing ecosystem of B2B and industrial clients.

What’s Next for EquipmentShare?

Following its $150 million Series E funding, EquipmentShare aims to enhance its equipment rental marketplace, expand telematics-enabled services, and improve digital tools for contractors and industrial companies.

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