klarx operates a digital platform that vertically integrates more than 4,000 rental partners to let construction companies access, rent and manage over 250,000 types of machinery online. The company has handled more than 50,000 rental requests for thousands of customers, including Strabag, Deutsche Bahn and Unger Steel. Founded in 2015 in Munich, klarx employs a team of over 60 people working toward becoming the leading supply platform for construction sites in Europe. The business model aggregates partners and equipment to simplify procurement and on-site logistics for construction firms. The company intends to use the newly raised funds to further product development and to expand into new European markets. klarx operates an online rental platform for construction equipment and heavy machinery, digitalizing the entire rental process for rental stations and lessees. As an independent full-service provider, the company offers transparent overviews of final rental prices, including logistics and insurance, and shows equipment availability. Founded in 2015 by Matthias and Florian Handschuh and Vincent Koch, klarx is based in Munich, Germany. In September 2018 the company raised €4m in funding. It intends to use the capital to expand the team, continue growing across Europe, develop the platform and increase the number of strategic partnerships. The funding supports its plans to scale platform capabilities and expand its European presence.

Total raised

$18M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2019