Series B · Ecommerce
Garage raises $41m Series B for specialised equipment marketplace
Invus Opportunities led the round, which will support hiring and expansion into public works and sanitation.
Garage has raised $41 million in Series B funding led by Invus Opportunities, with participation from Infinity Ventures, Initialized Capital, Y Combinator (YC), Benchstrength and FJ Labs. The round brings its total capital raised to $60 million.
The New York company operates a marketplace for used fire engines, ambulances and other specialised vehicles and equipment. It supports transactions with pricing tools, transport coordination, warranties and financing options. The new funding will support hiring and expansion into public works and sanitation equipment.
Use of funds
Hiring
Expansion into public works and sanitation equipment
Funding history
Series B · This round$41M