Garage Raises $13.5M to Build Modern Marketplace for Municipal Equipment
Briefly

Garage Raises $13.5M to Build Modern Marketplace for Municipal Equipment
"Local governments across America struggle with managing expensive, specialized equipment purchases and sales through outdated methods like local auctions and Facebook groups, often limiting their reach to nearby buyers and sellers. Fire departments and municipalities face tight budgets while equipment costs continue to rise, creating challenges in both acquiring necessary apparatus and recovering funds from surplus assets. Garage addresses these pain points by creating a modern, nationwide marketplace for America's most essential equipment, connecting buyers and sellers across all 50 states"
"Who were your investors and how much did you raise? $13.5M Series A - led by Infinity Ventures with participation from Y Combinator, Initialized Capital, Benchstrength, Wayfinder Ventures, and FJ Labs. This follows our $4.5M Seed last year, led by Initialized Capital. Tell us about the product or service that Garage offers. Garage is the marketplace for America's most essential equipment - helping local governments and businesses buy & sell equipment that is expensive and hard-to-move."
Local governments and fire departments face rising equipment costs and limited resale channels that restrict buyer reach and reduce recovery from surplus assets. Garage provides a nationwide marketplace for fire trucks, ambulances, rescue equipment, and government surplus, connecting buyers and sellers across all 50 states. The platform offers AI-powered appraisals, virtual inspections, integrated freight, warranties, and financing, and manages transactions end-to-end. Garage was founded by a former firefighter with firsthand procurement experience. Garage raised a $13.5M Series A led by Infinity Ventures following a $4.5M Seed led by Initialized Capital, with participation from multiple investors.
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