YardLink started as a digital-first marketplace for construction equipment rentals and has expanded into a full-service supply‑chain management platform. Contractors can source, book and pay for tools, equipment, bulk materials, fuel, waste management and other services through the platform. CEO Neeral Shah highlights that over 95% of construction supply‑chain transactions are still conducted by phone, email or pen and paper, underscoring the market opportunity. The company says the locality of its supply chain helps minimize the carbon footprint of projects. Shah had provided trade financing for construction procurement prior to launching YardLink in 2018. YardLink currently claims to serve more than 3,000 customers. YardLink operates a digital-first, marketplace platform that connects construction firms with equipment suppliers to reduce delivery delays and on-site downtime. The company aggregates a network of 100 suppliers with more than 1,400 equipment depots across the U.K. to provide faster access than centralized traditional hire companies such as HSS Hire, Travis Perkins, Speedy Hire and Sunbelt Rentals. YardLink recently raised a £1.7 million seed round, bringing total funding to £2.4 million. The team includes founder and CEO Neeral Shah, CCO Matt Bloor and CTO Daniel Morris. The business is positioned to capture rising rental demand driven by tighter availability and new coronavirus-related site guidelines in construction, within a global construction equipment rental market estimated at around $70 billion.

Total raised

$20M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2022