Press release

eqhq.com Expands its Heavy Equipment Platform with New Growth Capital

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Sponsored by Businesswire

eqhq.com, an equiptech company transforming the $450 billion heavy equipment industry, announced today that it is continuing its rapid growth and expansion with the closing of its initial round of financing. The AI powered platform is reinventing the heavy equipment industry. Members can now buy, sell, and manage equipment completely online using innovative tools with a simple, transparent and secure platform. eqhq.com uses proprietary algorithms to analyze, compare and recommend transactions, saving members both time and money.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210909005307/en/

eqhq.com’s software gives members a free and easy way to manage construction, agricultural and transportation equipment. Powered by eqhq.com’s neural network, members are provided with an in-depth analysis of their fleet. eqhq has eliminated listing fees and buyer fees while reducing seller, inspection and warranty costs to the lowest in the industry. eqhq.com helps members know when to buy, when to sell, what to buy, what to sell, who to buy from and so much more.

“Vrbo, Etsy, Carvana have all transformed antiquated industries and opened up entirely new opportunities for their communities – eqhq.com aims to do the same for the heavy equipment industry. As part of the equipment community, we’re thrilled to be bringing the most advanced tools to the industry at the lowest cost,” said Mitch Goldsteen, eqhq.com’s founder and CEO. “eqhq’s software levels the playing field – giving the equipment community the tools it needs to make better decisions.”

The eqhq website features a fully functional two-sided marketplace, allowing users to buy and sell heavy equipment, featuring brands such as Caterpillar, John Deere, Volvo, Komatsu and over 75 others. eqhq.com’s proprietary database gives buyers an instant rating of every listing. Buyers and sellers are protected by the eqhq Shield, which includes services such as lien, title, and serial number checks, as well as inspections, limited warranties, and transportation. All transactions are secured by Stripe and Plaid. Buyers and sellers no longer have to switch between websites, phone calls, site visits, and email; eqhq provides an end-to-end solution for any equipment transaction.

To explore eqhq’s platform, go to www.eqhq.com to create a free account. eqhq’s onboarding team is standing by to upload your fleet or create incredible listings for your equipment.

www.eqhq.com

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