Big Rentals, a Los Angeles-based equipment rental platform, has secured $2.8 million in seed funding to modernize the U.S. equipment rental industry, valued at over $80 billion. The funding round, led by SNAK Venture Partners and supported by Ironspring Ventures, Forum Ventures, Jason Calacanis’ LAUNCH Fund, and NuFund Venture Group, aims to accelerate the company’s expansion into the construction and heavy equipment sectors. This will enhance the development of HQRent.com, an AI-powered software designed to help independent rental businesses manage bookings, payments, and fleet operations digitally.
Founded in 2023, Big Rentals offers a dual-sided platform combining a national rental marketplace with modern software for independent equipment owners. The platform automates scheduling, payments, and inventory management, providing local operators with increased demand and new revenue opportunities. The investment highlights Big Rentals’ mission to transform a traditionally offline industry by equipping local rental companies with the technology used by national chains.
The surge in equipment rental demand is fueled by significant U.S. manufacturing investments, infrastructure projects, and a booming data center industry. With U.S. manufacturing construction reaching $223 billion and data center construction at a $40 billion annual run rate, Big Rentals is poised to unify fragmented suppliers and capture growth in the evolving market.
