EquipmentShare Completes $230M Funding Round to Expand Technology and U.S. Footprint, Announces News Chief Financial Officer
ACCESSWIRE
16 Jul 2021, 08:31 GMT+10
COLUMBIA, MO / ACCESSWIRE / July 15, 2021 / EquipmentShare, an equipment and digital solutions provider serving the construction industry, announces the completion of a $230 million funding round led by Tiger Global Management, The Spruce House Partnership and RedBird Capital Partners, with additional participation from Tru Arrow Partners and existing investors Romulus, Insight Partners and Anchorage Capital Group. These fundraising efforts provide capital for EquipmentShare to launch its core technology solution, T3, the operating system for construction, and expand its suite of technology solutions. This investment round also allows the company to increase its national footprint to better serve the needs of its customers.
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EquipmentShare Named Top Employer in Forbes List of America’s Best Startups
EquipmentShare was evaluated for employer reputation, employee satisfaction and growth, along with 2,500 other American businesses.
COLUMBIA, Mo. EquipmentShare, an equipment and digital solutions provider serving the construction industry, was named one of America’s Best Startup Employers 2021 by Forbes and Statista. On the list of 500 companies, EquipmentShare is one of just three recognized businesses in the state of Missouri and is the only construction retail business of the three.
This is the second consecutive year EquipmentShare has been included on the list. In 2020, EquipmentShare was one of just five businesses in the state of Missouri to be named on the list of America’s Best Startups. In 2020, EquipmentShare was also named a top growing company, despite the pandemic, by Glassdoor.
EquipmentShare Partners with Queen’s University Belfast to Research Heavy Equipment Safety Technology Solutions
COLUMBIA, Mo. EquipmentShare, a digital and equipment solutions provider serving the construction industry, proudly announces its involvement in a Ph.D. research project with Queen’s University Belfast in Northern Ireland. The project will develop data-driven breakthroughs to improve heavy equipment safety and security in construction, as well as an ongoing learning framework for safe autonomous machines. EquipmentShare will offer the project’s Ph.D. student a six-month internship at its headquarters in Columbia, Mo., where the student may take advantage of EquipmentShare’s Robotics Division’s R&D lab and resources.