Dozr Inc.

Dozr Inc. is an online platform that facilitates the rental of heavy construction equipment and machinery, catering to construction companies and contractors across North America. Founded in 2015, Dozr Inc. is based in Kitchener, Canada, and specializes in the rental of heavy construction equipment.

The company has completed 3 funding deals, with its latest fundraising round being a Series B in February 2022, attracting CAD 27. 5 million from investors including BDC Capital, BaseCamp Equity Partners, and Builders VC. The CEO, Kevin Forestell, is one of the co-founders, along with Adeel Zaman, Erin Stephenson, and Timothy Forestell, marking a solid foundation in the construction rental market. DOZR specializes in providing an extensive online platform for the rental of heavy construction equipment and machinery.

Their core service allows users to search for equipment based on specifications and location, facilitating the booking process through a secure checkout system. The platform connects customers with over 1,000 rental partners across North America, encompassing well-known brands such as Komatsu, Hyundai, and Volvo. DOZR primarily serves construction companies and contractors who require access to specialized machinery for various projects, including earthmoving, lifting, and material handling. These services cater to both small and large-scale projects in urban and rural areas, making them critical for the efficient management of construction tasks across diverse geographical markets, including the United States and Canada.

DOZR generates revenue through its equipment rental service, which operates on a transaction-based model. Customers can rent equipment directly from a vast network of suppliers via the platform, paying rental fees that vary based on the type of equipment and rental duration. The business structure supports both B2B transactions, engaging businesses in need of heavy equipment, and direct-to-consumer rentals for smaller contractors or individual users. The rental process typically involves customers setting their location to view available equipment options and corresponding prices before making a booking.

While specific pricing plans are not detailed, it can be inferred that DOZR’s offerings encompass a range of equipment types and rental durations, ensuring adaptability to the clients' project needs. In February 2022, Dozr Inc. raised CAD 27. 5 million in Series B funding co-led by BDC Capital and Builders VC, with participation from BaseCamp Equity Partners.

The company plans to utilize this funding to expand into other markets across the US, aiming to enhance its presence and service offerings in more regions by leveraging its established platform.