Startup News: EquipmentShare raises $290M for U.S. expansion
EquipmentShare raises $290 million for U.S. expansion
Even a traditional business like construction equipment has startup companies providing technological innovation.
equipmentshare.comIndustrial / ConstructionFounded: 2014Funding to Date: $2.33B
EquipmentShare is a construction technology solutions company offering equipment rental solutions and fleet management technology to help contractors increase productivity and gain powerful insights without hurting their bottom line. The company serves contractors and original equipment manufacturers. The company's platform offers services that include insurance verification, background checks, payment processing, and an easy interface for lending and renting contracting equipment, enabling construction contractors to make informed decisions about their equipment and fleet through automated data collection.
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
9.3%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
04/19/2023 | Series E | $84.94MM | $xx.xx | $3.61B | Bdt Capital Partners, Brown Advisors, Redbird Capital Partners, Sound Ventures, Tru Arrow Partners | |
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bdt Capital Partners, Brown Advisors, Redbird Capital Partners, Sound Ventures, Tru Arrow Partners
|
||||||
04/19/2023 | Perpetual | $205.06MM | $xx.xx | $3.61B | Bdt Capital Partners, Brown Advisors, Redbird Capital Partners, Sound Ventures, Tru Arrow Partners | |
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
8.5%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bdt Capital Partners, Brown Advisors, Redbird Capital Partners, Sound Ventures, Tru Arrow Partners
|
||||||
07/15/2021 | Series D | $226.08MM | $xx.xx | $2.58B | Anchorage Capital Group, Insight Partners, Redbird Capital Partners, Romulus, The Spruce House Partnership, Tiger Global Management, Tru Arrow Partners | |
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Anchorage Capital Group, Insight Partners, Redbird Capital Partners, Romulus, The Spruce House Partnership, Tiger Global Management, Tru Arrow Partners
|
||||||
12/31/2020 | Series C-1 | $999,896.99 | $xx.xx | $2.58B | Anchorage Capital Group, Insight Partners, Redbird Capital Partners, Romulus, The Spruce House Partnership, Tiger Global Management, Tru Arrow Partners | |
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Anchorage Capital Group, Insight Partners, Redbird Capital Partners, Romulus, The Spruce House Partnership, Tiger Global Management, Tru Arrow Partners
|
||||||
12/31/2020 | Series C-3 | $4.9MM | $xx.xx | $2.58B | Anchorage Capital Group, Insight Partners, Redbird Capital Partners, Romulus, The Spruce House Partnership, Tiger Global Management, Tru Arrow Partners | |
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Anchorage Capital Group, Insight Partners, Redbird Capital Partners, Romulus, The Spruce House Partnership, Tiger Global Management, Tru Arrow Partners
|
||||||
12/31/2020 | Series C-2 | $64.94MM | $xx.xx | $1.35B | Anchorage Capital Group, Republic Labs, Uniwill | |
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Anchorage Capital Group, Republic Labs, Uniwill
|
||||||
09/21/2018 | Series B-2 | $10.01MM | $xx.xx | $440.08MM | Gaingels, Momenta Partners | |
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Momenta Partners
|
||||||
09/21/2018 | Series B-1 | $26.38MM | $xx.xx | $440.08MM | Gaingels, Momenta Partners | |
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Momenta Partners
|
||||||
01/24/2017 | Series A-2 | $52.44 | $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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Insight Venture Partners, Romulus Capital, Y Combinator
|
Even a traditional business like construction equipment has startup companies providing technological innovation.