Downstream, a Dallas-based marketplace platform for equipment rentals, waste management, and site services, has raised $8 million in Series A funding. The round was co-led by Brick & Mortar Ventures and Moneta Ventures, with continued participation from FJ Labs and Victorum Capital.
The new funding will support the company’s growth in the retail construction sector, where procurement processes for equipment and job site services are often fragmented and handled through manual calls, spreadsheets, and inconsistent vendor relationships. Downstream provides a centralized platform that allows contractors to access real-time pricing, book services, manage invoices, and streamline communication across suppliers and waste haulers.
The platform is also designed to help suppliers and service providers operate with a stronger digital presence. Downstream offers storefront tools that enable suppliers to showcase their brand, manage customer interactions, and transact online through transparent billing and modernized workflows.
Brick & Mortar Ventures brings industry-specific backing to the round, with a portfolio focused on technology modernization across construction, facilities management, and infrastructure. Moneta Ventures, with expertise in financial operations and scaling business services, joins to help accelerate growth and operational expansion. Returning investors FJ Labs and Victorum Capital continue to support Downstream’s marketplace model and supplier enablement strategy.
Downstream’s approach aims to improve efficiency across both sides of the marketplace, addressing longstanding procurement and coordination challenges within construction job sites and equipment logistics.
KEY QUOTE:
“We are industry-obsessed, and this new capital allows us to grow our supplier partnerships while delivering modern tools that strengthen brands and optimize job sites. Using Downstream Marketplace is like ordering a pizza – only instead you can get a boom lift, a dumpster, and a portable toilet to your job site with just a few clicks.”
Zach Irwin, CEO and Co-Founder of Downstream
“We couldn’t be more excited to see Downstream reach this next chapter. Their innovative approach and focus on delivering an exceptionally user-friendly experience set them apart in the modern retail construction rental space. Zach, Justice, Eric, and Tate’s passion for what they do is truly inspiring, and we look forward to continuing to partner with them on their growth journey.”
Aasim Hasan, Partner of Moneta Ventures
“We’re excited to partner with the Downstream team as they modernize how construction teams manage rentals and site services. It’s a part of the industry that touches every job but has seen little innovation. Downstream’s platform brings much-needed structure and visibility to that work – helping contractors operate more efficiently and suppliers serve their customers better.”
Austin Yount, Partner of Brick and Mortar Ventures
