Equipment-sharing platform Dozr raises $2.5 mln in funding

Canadian heavy-equipment rental company Dozr Inc has secured $2.5 million in a first-time equity financing, Waterloo innovation hub Communitech reported. The round was backed by FairVentures, the venture capital arm of Fairfax Financial Holdings Ltd. Dozr, a participant in the Communitech Rev accelerator program, provides a platform that connects owners of construction equipment with a network of renters. Founded in 2015, the Kitchener, Ontario-based company plans to use its partnership with FairVentures to expand beyond Canada and into the U.S. market, Communitech said.

30 September 2016•6 mins read
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