Columbia, Missouri-based EquipmentShare secured $290M in fresh funding led by BDT Capital Partners.
The firm did not disclose the valuation at the current round. However,
it did reveal that the valuation was 40% higher than the previous
fundraiser from 2021. EquipmentShare intends to use the proceeds to
continue expansion in the U.S., further develop its T3 technology
platform, and strengthen its balance sheet.
- EquipmentShare provides rental equipment and digital solutions for the construction industry.
- RedBird Capital Partners, Tru Arrow Partners, Brown Advisors, and Sound Ventures participated in the latest funding round.
- Before the current round, EquipmentShare had raised $1.6B in equity and debt funding from investors.
- It
last raised a $230M Series D funding led by Tiger Global Management,
RedBird Capital Partners, and The Spruce House Partnership in July 2021,
followed by a $1.2B debt facility from Capital One Ventures in
September 2021.
