Tech Company Financing Transactions
Machinery Partner Funding Round
On 12/5/2023, Machinery Partner raised $11 million in Series A financing from Armory Square Ventures, Contour Venture Partners and Pacific Western Bank.
Transaction Overview
Company Name
Announced On
12/5/2023
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to further expand across the country.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
131 Dartmouth Street 3rd Floor
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
Making owning machinery easy for Small & Growing Industrial businesses. A Techstars company. We are the first managed marketplace for construction and heavy equipment. Our product makes it easy for our initial target market of small to medium contractors in the US market to find the right machine for their particular application. We provide a lifecycle tracking system so we know what project and material a machine is working on, how itsfinanced, insured and what margins the company is making. We know more about their business than they know themselves because we control the backbone of the operation. The machinery!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Clement Cazalot
Co-Founder
Ciaran Gillen
Browse more venture capital transactions:
Prev: 12/5/2023: Kyron Learning venture capital transaction
Next: 12/5/2023: ClimateCrete venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs