EquipmentShare

EquipmentShare

Construction equipment rental and sales services

About

EquipmentShare offers construction equipment for rent and sale, focusing on enhancing productivity in the construction industry. They integrate smart technology to streamline operations, manage personnel, and improve safety while ensuring accurate job costing. Their use of data science allows for proactive maintenance, predicting equipment breakdowns, and utilizing GPS tracking for efficient management. EquipmentShare generates revenue through equipment rentals, sales, and technology services that optimize construction operations.

Company Stage

Debt Financing

Employees

1,001-5,000

Industries

Data & Analytics, Industrial & Manufacturing

Total Funding

$772.4M

Headquarters

Columbia, Missouri

Founded

2014


Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for telematics boosts EquipmentShare's market potential in construction technology.
  • Expansion of 5G networks enhances EquipmentShare's IoT capabilities, supporting connected technologies.
  • EquipmentShare's veteran employment initiatives strengthen its workforce and community reputation.

What critics are saying

  • Rising interest rates may hinder EquipmentShare's financing for new projects and expansions.
  • Supply chain constraints could delay equipment availability, affecting rental and sales operations.
  • Increased competition from startups may challenge EquipmentShare's market share and pricing.

What makes EquipmentShare unique

  • EquipmentShare's T3 platform offers real-time jobsite insights, enhancing operational efficiency.
  • The company provides OEM-agnostic solutions, allowing management of diverse equipment brands.
  • EquipmentShare integrates data science for predictive maintenance, reducing downtime and costs.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

30%

2 year growth

56%

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