Garage is a company that is transforming the way essential equipment is bought and sold across America. The company recently announced a $13.5 million Series A funding round led by Infinity Ventures. Notable investors, including Y Combinator, Initialized Capital, Benchstrength, Wayfinder Ventures, and FJ Labs, also participated in this round, bringing Garage’s total capital raised to $18 million. This funding marks a pivotal moment in the company’s mission to enhance the efficiency of services crucial to America’s backbone industries.
Founded by Martin Hunt and Alaz Sengul, Garage emerged from a deep understanding of the challenges faced in the fire service. From a young age, Hunt dedicated himself to volunteering as a firefighter in Delaware, witnessing firsthand the struggles of local governments and first responders burdened by rising equipment costs and persistent funding constraints. These experiences ignited a passion in him to address these inefficiencies, leading him to develop a pioneering platform focused on streamlining fleet management and surplus asset disposition.
Garage stands out by offering a comprehensive and user-friendly solution for the intricate process of buying and selling specialized equipment, including emergency vehicles and government surplus. Unlike traditional auctions and brokers, which tend to have limited local reach, Garage operates a dynamic nationwide platform that connects buyers and sellers from all corners of the United States. This robust marketplace not only simplifies transactions but also oversees every stage of the surplus asset lifecycle.
The company provides instant freight quotes, integrated payment solutions, and an advanced AI appraisal tool, all of which contribute to a seamless and efficient end-to-end experience. Currently, Garage is making a notable impact, serving local governments, fire departments, and small businesses in every state, with the equipment sold on the platform serving millions of Americans daily.
The recent $13.5 million funding will empower Garage to expand its technical and marketing teams, scale the capabilities of its marketplace, and strengthen its nationwide presence. With these resources, the company is well-positioned to develop its products further, refine its AI-driven services, and expedite customer onboarding and support, ensuring that it continues to meet the needs of its customers while driving innovation in the industry.
KEY QUOTES:
“Local government and public safety is the backbone of America’s communities, yet the process for buying and selling their most critical equipment is just as fragmented and inefficient as it was decades ago– leaving one of the largest opportunities for innovation today. By connecting buyers and sellers nationwide, Garage allows municipalities to sell underutilized equipment to recover funds for their increasingly tight budgets, and buy equipment that would traditionally fall outside of their price range.”
“Garage was born out of the deep respect and understanding of the challenges faced by the men and women working to keep Americans safe. This funding enables us to grow our platform and deepen our support of the civil servants who protect and serve our communities.”
Martin Hunt
“Garage addresses a critical need in an underserved market with remarkable effectiveness. Martin and his team have the deep industry expertise and technical know-how to build AI-enabled solutions that will transform the way America’s critical assets are bought and sold.”
Mario Ruiz, a General Partner at Infinity Ventures
