Software System Activate OS Announces $3 Million Investment Series A Led by Legacy Capital Ventures
Activate OS, an integrated operating system for equipment owners, dealers and rental companies, this week announced that it has closed a $3 million Series A led by Legacy Capital Ventures and joining existing investors.
“As experienced operators in the construction equipment industry, we invested in Activate OS because of its ability to fill a much-needed void in the construction equipment software ecosystem - the ability to connect workflows, integrations and create one equipment management ecosystem,” said Anthony Rich, managing partner of Legacy Capital Ventures. “Activate’s existing customer base of Fortune 100 and 1000 dealers, fleet owners and rental equipment companies are a great base for continued growth.”
Activate enables companies to handpick modules and integrations to create an OS tailor-made to maximize their equipment workflows. The challenges equipment owners and operators face are unique and a one-size-fits all approach can create more problems. Activate OS is designed to integrate all the platforms one uses to manage their day-to-day tasks in an easy-to-use, one-stop-shop interface. Customers can pick custom modules and integrations that bring equipment, crew, telematics, business systems and communications platforms together, so they never miss a beat.
“We are thrilled to leverage Legacy Capital Ventures proven operational experience and industry insights as we continue to grow rapidly,” said Brian Giamo, CEO of Activate. “Broken workflows can lead to expensive delays, lost production and missed opportunities. By equipping companies with the Activate OS, we can help them to unlock the hidden value behind their current technology stack of numerous apps, business systems, telematics data, and information silos.”
Legacy Capital Ventures is an investment firm focused on the built world and the technology that supports it. Legacy actively invests in real estate and visionary companies at the forefront of the industrial, construction, logistics, equipment rental, prop-tech, and construction-tech sectors. Visit https://www.legacycv.com/ to learn more.
Activate is a business-to-business Software as a Service provider serving the construction equipment industry. Activate enables construction equipment stakeholders to seamlessly integrate their business systems, telematics and data silos to a single dashboard that increases ROI. Visit ActivateOS.com to learn more.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.