Full-Time
Corporate venture capital arm investing startups
$28.12 - $35.74/hr
Hodges, SC, USA
In Person
Associate's
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Caterpillar Ventures is the corporate venture capital arm of Caterpillar Inc., making strategic, minority investments in early-stage startups that align with Caterpillar’s future priorities. It supports portfolio companies with capital (typically $500,000 to $5 million per round) and access to Caterpillar’s industry expertise, global dealer and supplier network, and technical resources to enable collaborations and growth. Its approach combines financial funding with strategic value, differentiating itself by leveraging a parent company’s assets and by pursuing sustainability and decarbonization areas such as electric vehicles, energy storage, hydrogen, grid optimization, and advanced materials. The goal is to help Caterpillar and its customers navigate the energy transition, improve operational efficiency, and extend Caterpillar’s long‑term strategy, including expanding investments beyond the US into Europe.
Company Size
10,001+
Company Stage
IPO
Headquarters
Irving, Texas
Founded
1925
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Annual incentive bonus plan
Medical, dental, and vision coverage
Paid time off plan (Vacation, Holiday, Volunteer, Etc.)
401k savings plan
Health savings account (HSA)
Flexible spending accounts (FSAs)
Disability benefits
Life Insurance
Parental leave
Healthy Lifestyle Programs
Employee Assistance Programs
Voluntary Benefits and Employee Discounts
Tuition Reimbursement
Career Development
Caterpillar raised its 2026 sales outlook to mid- to high-teens growth, up from its April forecast, citing strong demand across its three primary segments. The company reported record backlog of $72 billion, up $9 billion sequentially and 92% year over year, with 59% scheduled for delivery within 12 months. Second-quarter sales rose 24% to $20.54 billion, the company's first quarter above $20 billion. Adjusted earnings of $8.17 per share topped consensus estimates of $6.25. Power Generation sales to users surged 72%, driven by data centre applications. Caterpillar is restarting production of a 10-megawatt gas reciprocating engine platform and plans to restore about 1.5 gigawatts of capacity, with shipments beginning in the fourth quarter.
Advance Auto Parts and Caterpillar present contrasting investment profiles for 2026, balancing retail recovery against industrial stability. Advance Auto Parts operates in the automotive aftermarket, serving mechanics and DIY enthusiasts. The company recently expanded its AI-powered same-day delivery partnership with OneRail. FY 2025 revenue fell 5.4% year-over-year to $8.6 billion, with net income of $44 million and a 0.5% margin. The firm faces a 2.4x debt-to-equity ratio and negative $298 million free cash flow whilst implementing multi-year restructuring. Caterpillar serves construction, mining, and energy sectors through a global dealer network across nearly 190 countries. FY 2025 revenue grew 4.3% to $67.6 billion. Net income declined to $8.9 billion from $10.8 billion previously, yielding a 13.1% margin. The company is acquiring mining software providers to enhance digital services. Both face distinct macroeconomic pressures, making valuation critical for investment decisions.
US stock markets rallied on Tuesday, driven by strong corporate earnings reports. The Nasdaq Composite led gains, rising 1.9%, whilst the Dow Jones Industrial Average climbed 1.5%, adding roughly 800 points. Caterpillar jumped 6% after reporting second-quarter results that surpassed analyst expectations. The construction equipment maker's power and energy solutions division saw sales surge 29% year-over-year, outpacing overall revenue growth of 17%. Palantir Technologies soared 27.1% following its quarterly report, as US commercial customers adopted its AI platform faster than anticipated. The gain made Palantir the second-largest contributor to the Nasdaq and S&P 500's morning rises. Semiconductor stocks broadly recovered from July's sell-off, with the iShares Semiconductor ETF gaining 6.3%.
Caterpillar reported second-quarter sales and revenues of $20.5 billion, up 24% and surpassing analyst expectations of $19.34 billion. This marks the first time the company has exceeded $20 billion in quarterly revenue. Adjusted earnings per share reached $8.17, beating the $6.22 consensus. Construction Industries drove growth, with sales rising 35% to $8.3 billion. North American construction sales increased 50%. Power generation demand grew 29%, particularly for data centre applications. Consolidated operating profit climbed 50% to $4.3 billion, including $392 million in expected tariff recoveries. Operating cash flow totalled $4.4 billion. The company deployed $1.5 billion on share buybacks and $700 million on dividends. Chief executive Joe Creed highlighted strong order rates and a growing backlog.
Caterpillar reported record quarterly revenue of $20.05 billion in Q2, up 24% and surpassing the $19.20 billion estimate. Adjusted earnings per share reached $8.17, beating the $6.20 forecast. CEO Joe Creed noted this marked the first time the company exceeded $20 billion in quarterly sales. All three primary segments posted double-digit growth, led by construction industries at 35%. The company ended the quarter with $6.7 billion in enterprise cash and generated $4.4 billion in operating cash flow, up 42% year-over-year. Caterpillar spent $1.5 billion on stock buybacks and paid $700 million in dividends. The quarter included a $392 million Trump tariff refund. Operating profit surged 50% to $4.295 billion. Shares rose 7% in premarket trading.