AROUND THE NETWORK: Legacy Capital Ventures Leads $3m Series A Round To Put Construction Equipment Workflows On Auto-Pilot

Activate OS, the fully-integrated operating system for equipment owners, dealers and rental companies, recently announced that it has closed a $3 million Series A-fundraise led by BuiltWorlds member Legacy Capital Ventures and joining existing investors.

“As experienced operators in the construction equipment industry, we invested in Activate OS because of its ability to fill a much-needed void in the construction equipment software ecosystem – the ability to connect workflows, integrations and create one equipment management ecosystem,” said Anthony Rich, Managing Partner of Legacy Capital Ventures. “Activate’s existing customer base of Fortune 100 and 1000 Dealers, Fleet owners and rental equipment companies are a great base for continued growth.”

Activate enables companies to handpick modules and integrations to create an OS tailor-made to maximize their equipment workflows. The challenges equipment owners and operators face are unique and a one-size-fits all approach can create more problems. Activate OS is designed to integrate all the platforms one uses to manage their day-to-day tasks in an easy-to-use, one-stop-shop interface. Customers can pick custom modules and integrations that bring equipment, crew, telematics, business systems and communications platforms together, so they never miss a beat.

“We are thrilled to leverage Legacy Capital Ventures’ proven operational experience and industry insights as we continue to grow rapidly,” said Brian Giamo, CEO of Activate. “Broken workflows can lead to expensive delays, lost production and missed opportunities. By equipping companies with the Activate OS, we can help them to unlock the hidden value behind their current technology stack of numerous apps, business systems, telematics data, and information silos.”

Since 2016, the BuiltWorlds Summit has been the premier gathering of senior level thought leaders from across the many industries that develop, design, build, and maintain our built environment. Collectively, attendees represent the pinnacle of the sector’s innovation ecosystem, and the Summit is the place to meet them and to hear about the most potent trends fueling the future of the industry.

LEARN MORE ABOUT OUR 2023 AMERICAS SUMMIT HERE

ABOUT AROUND THE NETWORK BRIEFS:

BuiltWorlds “Around the Network” Briefings offer BuiltWorlds Members an opportunity to keep the Community informed of their own initiatives, resource offerings, and other things they are excited to share about or collaborate around. We generally pull these posts as “highlights” from Member Company PagesInnovation Exchange Posts, and other places our members share with us what they are up to.

ABOUT BUILTWORLDS:

BuiltWorlds is the buildings and infrastructure industry’s leading professional network for open innovation, keeping companies in the worlds of engineering, construction and related fields informed and connected, and helping them find avenues to collaborate for their own strategic success and for the betterment of the industry, as whole. For more information about BuiltWorlds, visit the BuiltWorlds Network  or sign up for the BuiltWorlds Newsletter to stay connected to the Community for free.