EquipmentShare currently has 95 employees. EquipmentShare has announced $ 20 m in funding to bring more efficiency to the buying , selling and lending of construction equipment . About 1,000 companies and contractors use it 's marketplace , which includes equipment such as forklifts , mobile generators , and drill rigs . Rental rates are based on equipment weight , with the start - up taking a cut from every transaction . The company is now focused on its fleet management software , ES Track , that can track the location , condition and use of a fleet in real time through automated data collection . The new product is planned for launch in September .
EquipmentShare has announced $ 20 m in funding to bring more efficiency to the buying , selling and lending of construction equipment . About 1,000 companies and contractors use it 's marketplace , which includes equipment such as forklifts , mobile generators , and drill rigs . Rental rates are based on equipment weight , with the start - up taking a cut from every transaction . The company is now focused on its fleet management software , ES Track , that can track the location , condition and use of a fleet in real time through automated data collection . The new product is planned for launch in September .