EquipmentShare

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Construction Tech?
Product stageSegments
Expansion
?
Equipment Purchasing and Rental
?

EquipmentShare is a construction technology and equipment solutions provider founded in 2015 and headquartered in Columbia, Missouri. The company offers a comprehensive suite of services including equipment rental, fleet management technology, and digital solutions for the construction industry. At the core of EquipmentShare's offerings is its proprietary T3 technology platform, a cloud-based operating system that integrates telematics, hardware, and software to monitor equipment health, track utilization, and optimize rental operations. The T3 platform allows contractors to gather real-time data on their machinery, enabling them to make data-driven decisions and improve productivity.

The company's rental fleet features equipment from trusted brands like Genie, Takeuchi, and Doosan, enhanced with EquipmentShare's T3 technology. This technology enables features such as GPS tracking, real-time alerts on location and rental status, and remote monitoring of machine utilization and health. EquipmentShare also offers a mobile app for customers to manage their rentals, including online reservations and instant off-renting capabilities. Beyond rentals, the company provides equipment sales, both new and used, with machines outfitted with their fleet management technology.

EquipmentShare has experienced rapid growth since its inception. As of September 2023, the company had expanded to more than 185 locations across the US, including rental, retail, and service centers. In 2022 alone, EquipmentShare opened 32 new branch locations. The company employed over 4,100 team members as of April 2023. EquipmentShare is also investing in its future growth, with plans to build a new headquarters in Columbia, Missouri, which could potentially be ten times the size of its current campus and create 500 new jobs.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
5710 Bull Run Dr. Columbia MO USA
Founded year:
2015
Employees:
1,001-5,000
IPO status:
Private
Total funding:
USD 3.5 bn
Last Funding:
USD 600.0 mn (Debt Financing; Apr 2024)
Last valuation:
USD 1.0 bn (Mar 2020)
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