Construction equipment rental service and software provider EquipmentShare is in discussions for a SoftBank-led round at a possible $1.5bn valuation.
Telecommunications and internet group SoftBank has entered talks to lead a funding round for US-based construction equipment sharing platform EquipmentShare set to be sized at more than $150m, Forbes reported today.
The round would value the company at more than $1.5bn according to prospectus documents seen by Forbes, which reported that the $150m sum would boost its overall funding to about $220m. At least one investor has offered to invest at a $1.7bn post-money valuation.
EquipmentShare has developed a software…