DOZR Wins VentureClash $1 Million
North America’s trusted marketplace for heavy equipment wins Connecticut’s $1 Million prize in global venture challenge
Kitchener, ON, Canada., October 18, 2018 – DOZR, North America’s trusted marketplace for the online rental of heavy equipment, today announced the company has won the $1 Million prize in the 2018 VentureClash pitch competition. The Canadian startup originally raised $2.5 million in the spring of 2016.
This year’s VentureClash competition attracted nearly 300 applications from more than 20 countries around the world. After advancing to the semifinal round along with 33 other companies, DOZR competed in the final pitch event as one of nine startups vying for a share of the $5 million prize.
“We are passionate about changing the status-quo and ushering the construction industry through their impending digital transformation. We are looking forward to launching our US headquarters in Connecticut!”
DOZR is North America’s trusted marketplace for the online rental of heavy equipment. Those seeking equipment can submit a rental request on DOZR.com and start receiving quotes from equipment suppliers instantly. Contractors who own equipment can list their idle machines and become DOZR rental partners, creating additional stream of revenue in the off season. Founded by experienced construction veterans, DOZR connects owners of high quality equipment with trusted buyers and renters in our network.
VentureClash 2018 finalists competed in front of a panel of expert judges during today’s pitch event held at the Yale School of Management in New Haven, Connecticut.
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About DOZR
DOZR is a marketplace for the online rental of heavy equipment. DOZR is North America’s trusted source for heavy equipment rentals and is revolutionizing the way the construction industry rents equipment. Contractors can request rentals anywhere, anytime, and can instantly compare quotes online from thousands of equipment suppliers across North America. Founded by experienced construction veterans, DOZR connects contractors with high quality equipment suppliers making the rental process easier than ever before. Rent with confidence. Rent with DOZR. www.DOZR.com
About VentureClash
Managed by Connecticut Innovations, VentureClash is Connecticut’s global venture challenge focused on early-stage companies. The challenge identifies high-potential companies in digital health, fintech, insurtech and the Internet of Things that will receive investments from a $5 million investment award pool. Learn more at www.ventureclash.com.
Further Information:
Rebecca Grieb
rgrieb@dozr.com
