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Last edited by Equipment pro (talk | contribs) 3 days ago. (Update) |
Industry: Construction Technology, Equipment Rentals
Founded: 2014
Founders: Jabbok Schlacks, Willy Schlacks
Headquarters: Columbia, Missouri, United States
Area Served: United States
Key People:
Willy Schlacks (CEO) Jabbok Schlacks (Co-Founder) Website: www.equipmentshare.com
Overview EquipmentShare is a U.S.-based construction technology company specializing in equipment rentals and fleet management. The company provides contractors with digital tools to improve job site efficiency and productivity, primarily through their proprietary platform, T3. This platform offers a suite of apps that replace traditional software systems and paper workflows, empowering contractors to manage assets, staff, and materials.
History Founded in 2014 by brothers Jabbok and Willy Schlacks, EquipmentShare began as a peer-to-peer equipment rental marketplace. The initial focus was to allow contractors to rent out idle machinery. However, the company quickly expanded its offerings by incorporating advanced fleet management tools using telematics data. Today, EquipmentShare is recognized for its technology-driven solutions, allowing contractors to monitor and control their fleets more effectively.
EquipmentShare launched T3, an all-encompassing platform that manages a variety of construction site tasks, in 2021( Syndication Cloud )( Heavy Equipment Guide ).
T3 Platform T3 is an advanced operating system for the construction industry. Built on the foundation of EquipmentShare's original Track system, it offers a variety of apps that digitize construction workflows:
T3 Fleet: Enables contractors to monitor mixed fleet utilization and manage equipment rentals from EquipmentShare and external vendors. T3 Time Cards: Supervisors can review and approve employee timesheets remotely, linking work hours to specific projects for precise job cost management. T3 Analytics: Provides job site performance reports, tracking data such as machine hours and maintenance schedules. T3 E-Logs: Digital driver logs replace traditional paper logs, improving compliance and safety records
Services Equipment Rental: EquipmentShare rents a variety of construction machinery, including earthmoving equipment, cranes, and aerial lifts. Rentals are integrated with T3 for real-time fleet management.
Fleet Management: The T3 platform allows contractors to monitor equipment usage, maintenance, and location across a diverse fleet of machinery.
Jobsite Solutions: The T3 suite includes tools for managing workforce schedules, materials, and equipment, enhancing overall job site efficiency.
Asset Tracking: Contractors use T3 to track equipment location and performance in real-time, helping to minimize downtime and improve asset utilization( Heavy Equipment Guide ).
Expansion and Growth Since its inception, EquipmentShare has expanded rapidly across the United States, with over 120 locations nationwide. It serves contractors in multiple sectors, including construction, oil and gas, and infrastructure. The company raised $230 million in 2021 to support the launch of T3 and continued expansion.