Equipmentshare Completes $290 Million Funding Round Led By Bdt Capital Partners
Apr 19, 2023•over 2 years ago
Amount Raised
$290 Million
Investors
Brown AdvisorsSound VenturesTru Arrow PartnersRed Bird Capital PartnersBdt Capital Partners
Description
EquipmentShare, an equipment and digital solutions provider serving the construction industry, announces the completion of a $290 million funding round led by funds affiliated with BDT Capital Partners. This round also included participation from existing investors such as RedBird Capital Partners, Tru Arrow Partners, and Sound Ventures, as well as several new investors including Brown Advisors.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech