EquipmentShare is a nationwide construction solutions provider dedicated to solving industry pain points through smart jobsite technology and equipment rental, retail and service centers.
EquipmentShare is on a mission to give contractors and construction companies build with control thanks to our T3 technology platform and equipment rental, retail and service solutions.
EquipmentShare was founded in 2014 by Jabbok Schlacks and William Schlacks. The company is headquartered in Columbia, Missouri, with footprint comprises more than 150 locations.
EquipmentShare's cloud-connected platform, T3, is powered by telematics and machine hardware to give construction and industrial companies a real-time view into their jobsite and operations.
EquipmentShare's enterprise suite of apps is OEM-agnostic and can track and manage any piece of equipment, regardless of brand, to help ﬂeet managers monitor assets, prevent theft and machine misuse, track employee hours and shifts, increase machine utilization, streamline maintenance and prevent unplanned downtime.
EquipmentShare's growing presence of locations, which includes equipment and service yards, research and development sites, dealerships for major brands, administrative ofﬁces and specialty solutions locations, serve the rising demand for the company's equipment - and digital solutions.
EquipmentShare is backed by Tiger Global Management, Insight Partners, BDT Capital Partners, Capital One, MSD Partners, Romulus Capital, Sound Ventures, The Spruce House Partnership, RedBird Capital Partners, Tru Arrow Partners, Brown Advisors, and others. The company raised an additional $150M in Series E round on Sep 14, 2023. This is an extension of its previous $290M in Apr 2023, bringing Series E total to $440M to date. The additional investment brings EquipmentShare's total overall funding to $2.05B to date. EquipmentShare was valued at $4B after the 1st tranche of Series E raised in Apr 2023.