ALEXANDRIA, VA (PRWEB) MARCH 15, 2011 – Washington DC area startup EquipRent.com, a lead-generation company focused on the equipment rental market, has raised $1 million in seed funding from Phoenix-based venture firm Canal Partners and angel investor Howard Lindzon.
EquipRent.com is the brainchild of Scott Anderson who has been an executive in the construction industry in the Washington, DC area for 20 years.
Anderson says, “During my many years as a senior executive with some of the largest site development companies in DC, I felt the pain of how much time and money was being spent on getting competitive quotes for equipment rental on jobs. The tools to effectively manage our rental inventory and quotes were simply not available”
Equiprent delivers highly qualified leads to top equipment rental companies in the country while also providing tools for contractors to effectively manage their rental inventory. The service enables contractors to receive multiple quotes in the most efficient way possible using the benefits of the Internet.
You simply select the equipment you need to rent and enter your contact information into the EquipRent quote engine. The quote engine matches the closest rental companies to get the most competitive prices in the market. The company is working on additional features, which it plans to release this summer, that allow companies to track all of the equipment they have on rent and on what jobs it is located on. Later this year, EquipRent plans to launch a mobile application that will offer all of the tools that construction firms need to manage their rental inventory and quotes using their smart phone. Since launching Equiprent has processed over 1,000 quotes for the Construction industry.
Three-year-old Canal Partners currently has investments in 4 other Internet companies, Limos.com, NETtime Solutions, Web PT, and Omnilink Systems. Canal Partners seeks to realize superior returns by investing and partnering with proven management teams to create and increase value for highly scalable, growth-oriented companies – with a focus on software and Internet technologies.
EquipRent.com is a brand/product of EquipCo LLC, headquartered in Alexandria, Virginia. The company’s mission is to connect commercial construction companies with construction equipment rental companies in order to deliver highly qualified opportunities to rental companies and enable contractors to receive multiple quotes in the most efficient and cost effective way possible. For more information about EquipRent’s service and to view a demonstration video, please visit www.equiprent.com.
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Launch of EquipRent.com Provides Contractors with Free, Easy Online Access to Equipment Rental Quotes
ALEXANDRIA, VA, MARCH 1, 2011 – EquipRent.com™, the only online service solely focused on construction equipment rental, launched today at http://www.EquipRent.com. The website was established to provide construction contractors with an easy, efficient way to obtain multiple quotes from different equipment rental companies – in one location and at no cost to the contractor, and to allow rental companies to receive highly qualified opportunities in a more cost-effective way.
“No longer will it take numerous phone calls and follow-ups, or visits to several rental sites, to obtain the quotes contractors need,” said Scott Anderson, EquipCo™ LLC/EquipRent.com founder and CEO. “After working in this industry for more than 20 years, I know how time consuming it can be to get the quotes you need in a timely, cost-effective way. I developed EquipRent.com to streamline the process, helping contractors save both time and money.”
In less time than it takes to complete a phone call with just one rental company, contractors can go to http://www.EquipRent.com and get multiple quotes from top rental companies for free. Contractors can select the equipment they need, put in their contact information and location of the project, and submit it. The request is immediately sent to a network of 1,500 locations, and the rental companies in the area will send price quotes directly to the contractor. The contractor also can set up an account with a user ID and password, and EquipRent.com will store all the information about past projects for easy tracking and management of rental equipment.
The service went through a rigorous beta test over a 60-day period, during which it was used by construction companies across the entire United States to obtain quotes. Beta users agreed that the site saved time and money and made it easier and faster to get equipment rental quotes.
“I decided to try EquipRent.com since it sounded easy and convenient — and it was,” said Patrick Snapka, project manager/estimator, H&G Systems in Garland, Texas. “It only took a few minutes on the computer, and I didn’t have to make any calls to rental companies to get pricing. I received multiple quotes from rental companies within an hour after submitting my request. With this being a free site that is fast and convenient, I will continue to use EquipRent.com.”
“I have been in the construction industry for over 20 years using the traditional means for renting equipment, said Kevin Palka, president and CEO, Asset Construction Services, Washington, DC. “With EquipRent.com, we save time and money from our traditional means of renting equipment and established a relationship with a new vendor.”
“[EquipRent.com] worked great, was fast and easy, and I didn’t have to make any phone calls to the rental companies,” said Tony Trepasso, estimator, Avondale Construction Company, Denver, Colorado. “I will continue to use the site, especially when bidding jobs.”
A brief video demonstration of how the site works is available at https://equiprent.com/demo.
EquipRent.com is a brand/product of EquipCo LLC, headquartered in Alexandria, Virginia.
The company’s mission is to connect commercial construction companies with construction equipment rental companies in order to deliver highly qualified opportunities to rental companies and enable contractors to receive multiple quotes in the most efficient and cost effective way possible. Canal Partners LLC, a Scottsdale private-equity firm that focuses on software and Internet technologies, is EquipRent’s private equity partner. For more information about EquipRent’s service and to view a demonstration video, please visit http://www.equiprent.com.
For more information, contact:
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