EquipmentShare was founded in 2014 by Jabbok Schlacks, Willy Schlacks, Brad Siegler, Jeff Lowe, and Matthew McDonald. EquipmentShare has not officially endorsed a plan to participate in an IPO.
EquipmentShare is a comprehensive technology and logistics ecosystem for the construction industry. Per Forge data, EquipmentShare has raised a total of $2.9 billion in funding over 13 rounds, with their latest funding being raised on Sep 21, 2023. Key investors include BDT & MSD Partners, RedBird Capital Partners, The Spruce House Partnership, 8090 Partners, and Insight Partners.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/01/2023 | Perpetual-1 | $177.13MM | $xx.xx | $3.61B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
6,745,258
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
0.0x
Dividend Rate
9.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
04/19/2023 | Series E | $84.94MM | $xx.xx | $3.61B | BDT Capital Partners, RedBird Capital Partners, Tru Arrow Partners, Sound Ventures, Brown Advisors | |
Price per Share
$xx.xx
Shares Outstanding
5,487,929
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BDT Capital Partners, RedBird Capital Partners, Tru Arrow Partners, Sound Ventures, Brown Advisors
|
||||||
04/19/2023 | Perpetual | $205.06MM | $xx.xx | $3.61B | BDT Capital Partners, RedBird Capital Partners, Tru Arrow Partners, Sound Ventures, Brown Advisors | |
Price per Share
$xx.xx
Shares Outstanding
7,809,003
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
0.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BDT Capital Partners, RedBird Capital Partners, Tru Arrow Partners, Sound Ventures, Brown Advisors
|
||||||
07/15/2021 | Series D | $226.08MM | $xx.xx | $2.58B | Tiger Global Management, The Spruce House Partnership, RedBird Capital Partners, Tru Arrow Partners, Romulus, Insight Partners, Anchorage Capital Group | |
Price per Share
$xx.xx
Shares Outstanding
20,176,120
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management, The Spruce House Partnership, RedBird Capital Partners, Tru Arrow Partners, Romulus, Insight Partners, Anchorage Capital Group
|
||||||
12/31/2020 | Series C-3 | $4.9MM | $xx.xx | $2.58B | Tiger Global Management, The Spruce House Partnership, RedBird Capital Partners, Tru Arrow Partners, Romulus, Insight Partners, Anchorage Capital Group | |
Price per Share
$xx.xx
Shares Outstanding
695,760
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management, The Spruce House Partnership, RedBird Capital Partners, Tru Arrow Partners, Romulus, Insight Partners, Anchorage Capital Group
|
||||||
12/31/2020 | Series C-2 | $64.94MM | $xx.xx | $1.35B | Republic Labs, UniWill, Anchorage Capital Group | |
Price per Share
$xx.xx
Shares Outstanding
9,456,200
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Republic Labs, UniWill, Anchorage Capital Group
|
||||||
12/31/2020 | Series C-1 | $999,896 | $xx.xx | $2.58B | Tiger Global Management, The Spruce House Partnership, RedBird Capital Partners, Tru Arrow Partners, Romulus, Insight Partners, Anchorage Capital Group | |
Price per Share
$xx.xx
Shares Outstanding
113,584
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management, The Spruce House Partnership, RedBird Capital Partners, Tru Arrow Partners, Romulus, Insight Partners, Anchorage Capital Group
|
||||||
09/21/2018 | Series B-2 | $10.01MM | $xx.xx | $440.08MM | Momenta Partners, Gaingels | |
Price per Share
$xx.xx
Shares Outstanding
5,768,000
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Momenta Partners, Gaingels
|
||||||
09/21/2018 | Series B-1 | $26.38MM | $xx.xx | $440.08MM | Momenta Partners, Gaingels | |
Price per Share
$xx.xx
Shares Outstanding
11,853,768
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Momenta Partners, Gaingels
|
||||||
01/24/2017 | Series A-2 | $52 | $xx.xx | $108.81MM | Insight Venture Partners, Romulus Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
41,953,016
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Venture Partners, Romulus Capital, Y Combinator
|
||||||
01/24/2017 | Series A-1 | $29.36MM | $xx.xx | $108.81MM | Insight Venture Partners, Romulus Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
49,182,456
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Venture Partners, Romulus Capital, Y Combinator
|