GearFlow Raises $3M in Seed Funding
- GearFlow, an online parts marketplace built for the construction industry, raised $3M in seed funding
- The round was led by Watchfire Ventures, with participation from Newark Venture Partners, Liquid2 Ventures, Path Ventures, and Harvard Business School Angels
- CNH Industrial is also partnering as a strategic investor to equip its existing dealer ecosystem with the company’s marketplace platform
- In conjunction with the funding, Greg Owens, former chairman and CEO of IronPlanet, is joining the company board
- The company intends to use the funds to expand operations and its business reach
- These investments bring the company’s total funding raised to $4.6M, after the company raised a $1.6M pre-seed round in 2019
