Gearflow

News from Gearflow

March 28, 2023

Conexpo Con/Agg: Gearflow Simplifies Parts Ordering with New Parts Hub

"With the Gearflow Parts Hub, fleets can continue to work with all the dealers they trus through one easy-to-use platform," said Luke Powers, CEO and found of Gearflow. "This is the next step in partnering with the entire parts supply chain - from end users, distributors, to manufacturers - to fulfill our mission o feliminating equipment downtime in the construction industry."

March 17, 2023

The Construction Record Podcast: AEM's Kip Eideberg and Gearflow's Luke Powers

Warren spoke to Gearflow founder and CEO Luke Powers about how digital technology can create new efficiencies and improve communication for both those selling and using heavy equipment, especially in terms of sourcing needed parts for fleets.

March 15, 2023

Lift and Access: Gearflow's New Parts Hub Software Simplifies Parts Ordering Process

Gearflow, the all-in-one platform that gives heavy equipment fleets better access to parts suppliers, communication, and reporting, launched its new Parts Hub software to simplify the parts ordering process at ConExpo-Con/Agg 2023 in Las Vegas.

March 08, 2023

Conexpo Con/Agg: 5 Construction Equipment Trends Shaping 2023

Gearflow was mentioned as contributing to one of the five trends shaping construction equipment in 2023, technology bringing geater efficiency to parts and service.

February 13, 2023

Construction Equipment Guide.com: Five Equipment Dealership Trends That Will Shape 2023

Luke Powers, CEO of Gearflow, was cited for his remarks regarding how technology will bring greater efficiency to parts and service in 2023.

December 6, 2022

International-Construction: Gearflow secures growth investment

Online parts platform Gearflow has secured US $5.5 million of investment to help it grow.

November 30, 2022

Built In Chicago: Gearflow Raises $5.5M for Its Construction Equipment Repair Platform

The Chicago startup helps companies repair their construction equipment by connecting them to part vendors.

November 28, 2022

Con-Expo / Con-Agg: Five Equipment Dealership Trends That Will Shape 2023

Luke Powers, CEO of Gearflow, a web-based platform designed to work within the Equipment Triangle to facilitate the sale of parts, believes dealers will soon be competing directly with Amazon.

November 23, 2022

Gearflow was featured in Applico's list of the top 50 B2B marketplaces of 2022

This report seeks to highlight the top 50 B2B marketplaces as ranked by the Applico team and touch on industry insights gathered through our research.

November 22, 2022

Business Insider: 23 of the most promising B2B marketplaces of 2022, according to investors

Why it's on the list: The current process for replacing equipment parts is manual and tedious, Tom Wisniewski of Newark Venture Partners told Insider.

October 24, 2022

BuiltWorlds Insights: Weekly Venture Highlight

Gearflow, a Chicago-Based equipment parts market platform, managed to raise a $5.5M pre-Series A round amid one of the toughest venture fundraising environments in recent history, as value-ripping rate hikes push most VCs to the sideline.

October 23, 2022

ENR: Parts-Matching Platform Gearflow Gets $5.5M, Led by Brick & Mortar

Site that pairs equipment parts with customers will use the funding for improvements.

February 1, 2022

Con-Expo / Con-Agg: "8 Fleet managers share tips for success in a rapidly changing role"

Karen Scally is a journalist who has covered the construction industry for over a decade and a current contributor to the blog at Gearflow.com, which is an online marketplace for construction parts, tools, and equipment. This article was adapted from its original version, “Fleet Leader Roundup: 8 Experts Share Tips for Fleet Management, Technology to Watch,” on the Gearflow.com blog.

January 3, 2022

Con-Expo / Con-Agg: Luke Powers, CEO of Gearflow, gives his thoughts on solving Construction's productivity crisis through technology and innovation

Just as technology has evolved to bond our physical and digital worlds on the consumer side, the time is right for it to make the same impact in the construction industry. In the future, fleet management will depend on digital dealers who learn from macro technology trends and apply them to construction.

December 20, 2021

For Construction Pros: How Rental Companies, Dealers Can Cash in on E-commerce Benefits

While e-commerce can initially seem threatening for construction equipment rental companies, dealers, OEMs and aftermarket supplier partners, it’s actually a major opportunity to meet their customers where they’re at.

October 12, 2021

For Construction Pros: Construction Equipment Dealers Must Evolve Services to Compete with Online Giants

Dealers must expand their online services to meet changing customer expectations and compete against new online suppliers.

September 24, 2021

Newark Venture Partners Investment Highlight: Gearflow

Earlier this summer Forbes profiled Gearflow, highlighting its recent $3 million seed round, and its innovative marketplace approach for the heavy equipment parts market. We examined the Gearflow value proposition through a supply chain and B2B marketplace lens, and are proud to have co-led that round with Watchfire Ventures. Here’s why:

September 1, 2021

Digital Commerce 360: A global manufacturer and its dealers team up with a B2B marketplace

CNH Industrial, a multibillion-dollar manufacturer of construction equipment, is investing in and working with Gearflow.com, a marketplace for construction industry parts. The arrangement will help CNH’s network of independent dealers sell parts for such construction equipment brands as CASE and New Holland bulldozers and excavators, while also letting end customers shop for products from other suppliers, says Jimmy Mansker, CNH global head of ecommerce."

July 22, 2021

Access, Lift & Handlers: Gearflow wins construction tech award

Gearflow.com, an online parts marketplace for the construction industry, won the Mid-Continent Startup Challenge at the BuiltWorlds 2021 Construction Tech Conference held July 8 in Illinois.

July 12, 2021

Business Insider: Read the 19-page pitch deck an online construction-parts marketplace trying to compete with Amazon used to raise millions

Construction-parts marketplace Gearflow is targeting an unlikely suspect in the name of boosting construction productivity: replacement components for heavy equipment like cranes and bulldozers.

July 9, 2021

Northwestern University Kellogg School of Business: E&W Co-Founder on Entrepreneurship & Closing a $3M Seed Round

Zell Fellow Ben Preston (E&W 2021), co-founder of Gearflow, shared with us his path in entrepreneurship, the recent closing a $3 Seed Round, and the Kellogg resources he leveraged to grow Gearflow. Here’s what he had to say.

July 7, 2021

Forbes: Gearflow Raises $3 Million To Build The Go-To Construction Marketplace

Gearflow is the premier, all-in-one-stop for contractors in need of equipment and parts. The Chicago-based startup has raised $3M in a seed round led by Watchfire Ventures, with Newark Venture Partners, Liquid2 Ventures, Path Ventures, Harvard Business School Angels and CNH participating as well.

June 29, 2021

Equipment World: Online Parts Marketplace Gearflow Attracts Investors, OEM/Dealer Agreement

Jack Mosbacher, partner at Watchfire Ventures, calls Gearflow a win-win for contractors, dealers and OEMs.

June 29, 2021

For Construction Pros: Gearflow Raises $3M Seed Round as First Parts Marketplace Built for Construction

CNH Industrial is also partnering as a strategic investor to equip its existing dealer ecosystem with Gearflow's marketplace platform.

February 2, 2021

CEO World Magazine: A Case Study at Beating Amazon at the Platform Game: Building a Successful Commercial Platform

Gearflow is challenging Amazon by providing a better experience: expertise that cuts return rates, flat and predictable fees for vendors, an open pathway to customers, and it’s building tools so customers can manage maintenance schedules better.

December 14, 2020

Digital Commerce 360: Gearflow emerges as a B2B marketplace for construction equipment

The Gearflow.com marketplace hosts more than 70 online storefronts for equipment and parts ranging from backhoes to hydraulics and engine components. Average order value is between $800 and $900, and the number of repeat buyers is surging, CEO Luke Powers says.