Heave Closes $7 Million Series A to Expand Construction Equipment Repair Tech

Company Snapshot
Heave is modernizing the construction equipment repair industry through a technology-driven marketplace that connects contractors to certified mobile mechanics. The Tampa-based company is tackling one of construction’s biggest challenges—equipment downtime—by enabling faster, more reliable repairs directly at job sites. Through its streamlined digital platform, Heave is reducing delays and helping contractors keep projects on schedule while improving visibility into costs and service performance.

Heave Closes $7 Million Series A to Expand Construction Equipment Repair Tech

Subtitle:
Series A led by Outsiders Fund to fuel Heave’s U.S. expansion and accelerate its marketplace for heavy equipment repair.

Intro
Heave, a Tampa-based construction technology startup, announced a $7 million Series A funding round in August 2025, led by Outsiders Fund, with participation from FJ Labs, Long Journey Ventures, and Slow Ventures (TechCrunch). Founded in 2020, the company is led by CEO Alex Kraft, formerly VP at Equipment Trader and a Caterpillar alumnus. The new round brings Heave’s total funding to $13 million (Crunchbase). The company connects construction firms with certified mobile mechanics to reduce downtime and streamline repairs. Currently active in Florida and Texas, Heave plans to expand into Atlanta, Charlotte, and Nashville.

What the Company Does
Heave operates a digital marketplace that simplifies heavy equipment repair by linking contractors to local, vetted mechanics who can handle both emergency and routine service needs. The platform enables:

• On-demand scheduling and fast response for urgent repairs

• Real-time tracking of service progress and pricing transparency

• Preventive maintenance scheduling and performance insights

• Reduced downtime across active construction projects

Heave’s platform is currently active in major construction markets across Florida and Texas, processing thousands of repairs and helping contractors keep projects moving efficiently.

Who It’s Best For
Segments:

• General contractors managing multiple job sites

• Equipment fleet managers

• Equipment rental and leasing companies

Use Cases:

• Emergency breakdown repair and diagnostics

• Preventive maintenance for large fleets

• Routine on-site service scheduling and management

Deployment / Fit:
Heave offers both web and mobile access, making it suitable for field use and office coordination. It is designed primarily for mid-to-large construction firms operating in high-density metro areas where uptime and responsiveness are critical.

Similar Companies

• Tread Technologies: Equipment fleet management software focused on utilization and logistics.

• EquipmentShare: IoT-enabled construction equipment rental and maintenance platform.

• Machinery Partner: Online marketplace for equipment financing and management tools.

• Fleetio: Fleet maintenance and tracking software serving contractors and logistics firms.

Heave differentiates itself with a pure service-network model focused specifically on connecting verified heavy equipment mechanics to contractors in need, creating a reliable on-demand repair ecosystem.

How to Get in Touch
Website: https://www.heave.co
Headquarters: Tampa, Florida, USA
Contact: Via contact form on company website
Careers: Available through the website

Team / Founders
Alex Kraft — Chief Executive Officer
Former Vice President at Equipment Trader and veteran of Caterpillar, with deep expertise in digital marketplaces and the construction equipment sector.