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About EquipmentShare
Industries
Data & Analytics
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$3.2B
Headquarters
Columbia, Missouri
Founded
2014
Overview
EquipmentShare provides construction solutions by renting and selling a variety of tools and machinery to the construction industry. Their services go beyond simple rentals, as they also offer the latest equipment and parts for those who prefer ownership. The company focuses on enhancing productivity in construction by integrating smart technology into their offerings. This technology helps streamline operations, manage personnel, improve safety, and reduce administrative tasks. EquipmentShare uses data science to predict equipment breakdowns, send service alerts, and track machines with GPS, which helps keep projects on schedule and minimizes downtime. Unlike many competitors, EquipmentShare combines equipment rental and sales with advanced technology services aimed at optimizing construction operations. Their goal is to improve efficiency and profitability for construction companies.
Simplify's Take
What believers are saying
- EquipmentShare's expansion includes 153 facilities and 4,000 employees by year-end 2023.
- The company closed a $600 million note offering, indicating strong financial backing.
- EquipmentShare's commitment to veteran employment strengthens its workforce and brand reputation.
What critics are saying
- Emerging startups may threaten EquipmentShare's market share with innovative solutions.
- Rising raw material costs could impact EquipmentShare's profitability in a competitive market.
- Economic uncertainties may slow construction, reducing demand for EquipmentShare's services.
What makes EquipmentShare unique
- EquipmentShare's T3 platform offers real-time jobsite and operations visibility.
- The company provides OEM-agnostic equipment tracking and management solutions.
- EquipmentShare integrates smart technology to enhance construction productivity and safety.
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Funding
Total Funding
$3234M
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%dScribe AI has raised $1.2 million in funding from investors including Abstraction Capital, Flyover Capital, Redbud VC, KCRise Fund, and EquipmentShare. The funding will support the expansion of their video intelligence products, customer base, and AI technology. dScribe AI aims to simplify video data processing, making it accessible and actionable for developers and enterprises. The company is based in Kansas City and is backed by investors with strong regional ties.
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 is Hiring for 2 Jobs on Simplify!
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About EquipmentShare
Industries
Data & Analytics
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$3.2B
Headquarters
Columbia, Missouri
Founded
2014
EquipmentShare is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to EquipmentShare