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About EquipmentShare
Industries
Data & Analytics
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$772.4M
Headquarters
Columbia, Missouri
Founded
2014
Overview
EquipmentShare provides construction solutions by offering a range of construction equipment for rent and sale. Their services include renting out tools and machinery, as well as selling the latest equipment and parts for those who prefer ownership. The company focuses on enhancing productivity in the construction industry by integrating smart technology into their offerings. This technology helps streamline operations, manage personnel, improve safety, and reduce administrative tasks. EquipmentShare also emphasizes accurate job costing to help construction companies maintain profitability. A key aspect of their service is the use of data science to predict equipment breakdowns, send service alerts, and utilize GPS for tracking maintenance needs. This proactive approach minimizes downtime and keeps projects on schedule. EquipmentShare generates revenue through equipment rentals, sales, and technology services that optimize construction operations.
Simplify's Take
What believers are saying
- Growing demand for telematics boosts EquipmentShare's market potential.
- Expansion into new facilities supports EquipmentShare's growth strategy.
- Recognition for veteran employment enhances EquipmentShare's brand reputation.
What critics are saying
- Emerging startups pose competitive threats with innovative solutions.
- Rising interest rates may hinder EquipmentShare's expansion plans.
- Supply chain constraints could impact EquipmentShare's ability to meet demand.
What makes EquipmentShare unique
- EquipmentShare's T3 platform offers real-time jobsite visibility and asset management.
- The company provides an OEM-agnostic solution for comprehensive equipment management.
- EquipmentShare integrates predictive maintenance to minimize downtime and enhance efficiency.
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Funding
Total Funding
$772.4M
Above
Industry Average
Funded Over
7 Rounds
Tiger Global
Insight Partners
Y CombinatorBenefits
Flexible Work Hours
Company Equity
Paid Holidays
401(k) Company Match
Medical, Dental and Vision benefits coverage for full-time employees
Generous paid time off (PTO)
Opportunities for career and professional development
Fitness Membership stipends
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%EquipmentShare earlier this month closed $600 million of 8.625% senior secured second-lien notes due 2032, after increasing the size of the offering.
Follows the company's successful debut and follow-on offerings in the bond market in 2023
COLUMBIA, Mo.--(BUSINESS WIRE)--Redbud-sponsored Missouri Startup Weekend ends with Solvtax as the winner. Ears perked up throughout the audience of Missouri Startup Weekend (MOSW) when Solvtax presented their winning pitch: a solution for avoiding financial implications through better business personal property tax management. It was evident this struck a chord with entrepreneurs, founders, and CEOs in both the audience and judge’s panel. The Solvtax team recognizes the limited resources and dwindling assistance available for small to mid-sized businesses, who face time-consuming manual financial entries and costly misinterpretation of tax laws
In November, EquipmentShare purchased a more than 28,000-square-foot industrial facility in Smithfield for $1.9 million.
EquipmentShare, an equipment rental and equipment asset management company, was recognized with the 2023 Military Times Best for Vets and the 2023 HIRE Vets Medallion awards.
EquipmentShare is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today
About EquipmentShare
Industries
Data & Analytics
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$772.4M
Headquarters
Columbia, Missouri
Founded
2014
EquipmentShare is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today