EquipmentShare Lists on Nasdaq as EQPT 

A milestone for operator‑led digital construction 

One of Momenta’s earliest portfolio companies has reached a defining moment: EquipmentShare is now trading on Nasdaq under the ticker EQPT. 

This market event signals a structural shift in construction from fragmented, reactive operations to data‑driven, software‑defined execution. 

Built from the Field Up

Founded in 2015 by Jabbok and Willy Schlacks, EquipmentShare was born from lived experience on construction sites. The problem was clear to anyone on a jobsite: limited visibility into equipment, disconnected workflows, and costly downtime treated as unavoidable. 

The answer was T3, a proprietary operating platform for construction. T3 connects equipment, materials, and crews into a single system, enabling real‑time visibility, utilization insight, and continuous uptime support. 

Today, EquipmentShare operates across 45 states with more than 370 locations and over 7,700 employees. This is software built by contractors, shaped by operators, and proven through daily use. 

Tech-Driven Solutions in Construction and Investor Confidence

On January 23, 2026, EquipmentShare’s Class A shares began trading publicly. The immediate and positive market response reflects investor conviction that construction, one of the world’s largest and most complex industries, is ready for platform‑driven transformation. 

Industrial operators have long faced a structural trade-off. High-fidelity simulation offers precision, but is slow, expensive, and largely confined to design phases and specialist teams. Real-time monitoring systems operate at speed, but often lack physical rigor and, as a result, engineer trust. 

EquipmentShare’s mission, as described by Co-founder and CEO Jabbok Schlacks, is to modernize a fragmented construction industry and support the people who build America. Becoming a public company reinforces that mission, enabling the company to scale its impact across customers and communities. 

What distinguishes EquipmentShare is not growth alone, but how that growth was achieved. By pairing a modern rental network with a real time software platform, the company delivers safer jobsites, higher utilization, and better operational decisions. This is digital transformation measured in uptime, productivity, and execution. 

Outcomes like this do not emerge on short timelines. Building essential infrastructure in physical industries requires patience, operational depth, and the willingness to compound progress over years, not quarters. 

Momenta invested early because EquipmentShare exemplifies what wins in industrial markets: operator led teams building software that becomes essential infrastructure, supported by patient capital aligned with long term execution. 

The team did not chase trends, rather they focused on a hard operational problem, stayed close to customers, and scaled with discipline. 

As Momenta Founding Partner Ken Forster noted: 

“EquipmentShare shows what happens when deep industry knowledge meets focused execution. We are proud to have supported the company from the early days and look forward to its continued impact.” 

This IPO reinforces what we back: 

• Founders solving real operational pain 

• Platforms that become the digital backbone of physical industries 

• Impact that compounds through execution, not hype 

Congratulations to the EquipmentShare team. This is industrial impact in practice. 

Explore Momenta's Industrial Innovation Portfolio: https://momenta.vc/

Momenta is the leading Industrial Impact® venture capital firm, accelerating industrial innovators across energy, manufacturing, smart spaces, and the supply chain. Our team of deep industry operators has helped scale industry leaders and innovators to improve critical industries, the environment, and people's quality of life for over a decade. PitchBook named Momenta among the world's top ten digital industry venture funds for both 2023 and 2024 in its Global Manager Performance Score League Tables, one of just two European-headquartered VCs to achieve a Top 10 ranking. For more information, please visit http://www.momenta.one. 

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