DOZR Named 2018 VentureClash Semifinalist
Technology company takes a step closer to winning Connecticut’s $5 million global venture challenge
Kitchener, ON., July 20, 2018 – DOZR, North America’s trusted marketplace for the online rental of heavy equipment today announced that it has advanced to the semifinalist round of the 2018 VentureClash competition. VentureClash, managed by Connecticut Innovations, is a $5 million global venture challenge for early-stage companies in digital health, financial technology, insurance technology and the Internet of Things.
DOZR is North America’s trusted source for heavy equipment rentals – users can search for the equipment they need and book it in minutes. Those seeking equipment can submit a rental request on DOZR.com and start receiving quotes from equipment suppliers instantly. Contractors who own equipment can list their idle machines and become DOZR rental partners, creating additional stream of revenue in the off season. Founded by experienced construction veterans, DOZR connects owners of high quality equipment with trusted buyers and renters in our network.
The VentureClash competition attracted nearly 300 applications from more than 20 countries around the world. DOZR was one of 34 companies selected to advance to the next round.
“Each year, the application pool gets stronger and stronger for VentureClash and this year is no exception,” said Matt McCooe, CEO of Connecticut Innovations. “We’re extremely excited about our semifinalists this year and look forward to getting to know DOZR during the process.”
“We are thrilled to be named a VentureClash semifinalist. DOZR has developed groundbreaking technology and having a space in Connecticut will help us to develop stronger talent within the team,” said Erin Stephenson, DOZR Founder and COO.
VentureClash 2018 finalists will be announced on September 7, and those chosen will compete at the VentureClash finals event, to be held on October 18, 2018, at the Yale School of Management in New Haven, Connecticut.
DOZR is a marketplace for the online rental of heavy equipment. DOZR is North America’s trusted source for heavy equipment rentals and is revolutionizing the way the construction industry rents equipment. Contractors can request rentals anywhere, anytime, and can instantly compare quotes online from thousands of equipment suppliers across North America. Founded by experienced construction veterans, DOZR connects contractors with high quality equipment suppliers making the rental process easier than ever before. Rent with confidence. Rent with DOZR. www.DOZR.com
Managed by Connecticut Innovations, VentureClash is Connecticut’s global venture challenge focused on early-stage companies. The challenge identifies high-potential companies in digital health, fintech, insurtech and the Internet of Things that will receive investments from a $5 million investment award pool. Learn more at www.ventureclash.com.
About Connecticut Innovations Inc.
Connecticut Innovations (CI) is Connecticut’s strategic venture capital arm and is the leading source of financing and ongoing support for innovative, growing companies. CI provides venture capital and strategic guidance for early-stage technology companies, and connections to its well-established network of partners and professionals. For more information, visit www.ctinnovations.com.