Machinery Partner Raises $11M to Serve the Builders of America
Machinery Partner, a company offering novel procurement, financing, and support for builders and contractors needing heavy machinery, announced it raised $8M in Series A financing led by Armory Square Ventures and joined by Pritzker Group, two venture funds with expertise in the industrial tech world. RiverPark Ventures and Contour Venture Partners also participated in the round alongside numerous B2B marketplace founders. Pacific Western Bank provided an additional $3M in venture debt and the company raised follow-on from previous investors Euclid Ventures, One Way Ventures and Techstars Ventures. On a mission to enable the builders of the U.S. to improve local communities, this funding will equip Machinery Partner to further expand across the country and become the go-to destination for heavy equipment manufacturers to sell to construction, agriculture and recycling companies.