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§ Private Profile · Columbia, MO, USA
Construction technology, equipment rental, and fleet management for contractors. Digital marketplace for rentals and sales.
EquipmentShare is a Columbia, Missouri-based construction technology and equipment rental company that provides a digital marketplace and fleet management solutions for contractors and builders. Operating as the fourth-largest equipment rental provider in the United States, the enterprise maintains a nationwide network of 385 locations across 45 states. Utilizing its proprietary T3 telematics platform to deliver data-driven insights, the organization supports a workforce of 6,500 employees and recently opened a $100 million technology and development center. EquipmentShare secured a $3 billion senior secured asset-based revolving credit facility through Capital One Bank before completing its initial public offering in January 2026 at $24.50 per share, targeting a $6 billion valuation. The corporation was originally established in 2015 following a local Startup Weekend event by co-founders Jabbok Schlacks, Willy Schlacks, Brad Siegler, Jeff Lowe, and Matthew McDonald.
EquipmentShare has raised $3.2B across 5 funding rounds.
Key people at EquipmentShare.
EquipmentShare was founded in 2014 by Brad Siegler (Founder) and William Schlacks (Founder/President) and Jeff Lowe (Founder) and Jabbok Schlacks (Founder).
EquipmentShare has raised $3.2B in total across 5 funding rounds.
EquipmentShare has raised $3.2B across 5 funding rounds. Most recently, it raised $2.8B Debt in December 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 10, 2025 | $2.8B Debt Financing | Kurt Marsden | Citi, Citizens Financial Group, Fifth Third Capital, Global Brain, Goldman Sachs, Regions Bank, TD Bank, Truist Ventures, UBS, U.S. Bank | Announced |
| Sep 14, 2023 | $150M Series E Plus | — | — | Announced |
| Apr 27, 2023 | $290M Venture Round | Henry Yeagley | Brown Advisory, Redbird Capital Partners, Sound Ventures, TRU Arrow Partners | Announced |
| Jan 1, 2017 | $26M Series B | Harley Miller | FF Venture Capital, Left Lane Capital, Momenta Ventures, Romulus Capital, Y Combinator | Announced |
| May 1, 2016 | $6M Series A | Romulus Capital | 1984 Ventures, Andreessen Horowitz, Bullpen Capital, CP Ventures, Felicis Ventures, FF Venture Capital, Fuel Ventures, Great Oaks Venture Capital, Polychain Capital, Social Starts, Streamlined Ventures, The HIT Forge, UpHonest Capital, BEN LIN, Juney HAM | Announced |
Key people at EquipmentShare.
EquipmentShare was founded in 2014 by Brad Siegler (Founder) and William Schlacks (Founder/President) and Jeff Lowe (Founder) and Jabbok Schlacks (Founder).
EquipmentShare has raised $3.2B in total across 5 funding rounds.
EquipmentShare's investors include Kurt Marsden, Citi, Citizens Financial Group, Fifth Third Capital, Global Brain, Goldman Sachs, Regions Bank, TD Bank, Truist Ventures, UBS, U.S. Bank, Henry Yeagley.
EquipmentShare is a technology-driven construction equipment rental and solutions company that provides cloud-based platforms and digital tools to empower contractors, builders, and construction professionals. Its flagship product, the T3 platform, offers real-time visibility into equipment fleets, assets, and personnel, enabling safer, smarter, and more efficient jobsite operations. EquipmentShare serves large contractors and construction firms across the United States, addressing critical challenges such as equipment theft, downtime, and operational inefficiencies through integrated fleet management, telematics, and digital rental workflows. The company has rapidly grown to become the fourth largest equipment rental provider in the U.S., combining traditional equipment rental with advanced software solutions to drive productivity and collaboration in the construction sector[1][2][3][5].
Founded in 2015 and headquartered in Columbia, Missouri, EquipmentShare was created by co-founders Jabbok and Willy Schlacks, who brought a vision of transforming the construction industry through technology. The idea emerged from firsthand experience on jobsites, recognizing the inefficiencies and lack of connectivity in equipment management. Early traction came from developing the T3 platform, which integrates IoT hardware and cloud software to provide actionable insights and real-time data. This innovation helped EquipmentShare quickly gain recognition and expand its footprint nationwide, evolving from a rental company into a technology leader with a dedicated Technology Development Center and a growing portfolio of digital solutions[1][2][5].
EquipmentShare rides the wave of digital transformation in the construction industry, a sector historically slow to adopt technology. The timing is critical as construction projects grow larger and more complex, demanding smarter asset management and operational efficiency. Market forces such as the rise of megasites, increased focus on safety, and the need for sustainability drive demand for connected jobsite solutions. EquipmentShare’s cloud-based platform and IoT integration position it as a key enabler of the "smart construction" trend, influencing the broader ecosystem by setting new standards for data-driven decision-making and operational transparency in construction[1][3][6].
Looking ahead, EquipmentShare is poised to deepen its technological leadership by expanding its autonomous equipment capabilities and enhancing its digital rental marketplace. Trends such as increased automation, AI-driven analytics, and the growth of megasites will shape its trajectory. The company’s influence is likely to grow as it continues to integrate more advanced technologies and expand its service offerings, potentially becoming the backbone of connected construction operations nationwide. Its commitment to innovation and scale suggests it will remain a pivotal player in modernizing the construction industry and driving productivity gains for years to come[1][4][5].