Heave raises $7M Series A to speed mobile heavy-equipment repairs, eyes three new markets
Heave, a startup that connects construction firms with on-demand mobile mechanics, announced a $7 million Series A led by Outsiders Fund. The new capital, disclosed in a company release on Aug. 27, brings Heave’s total funding to $13 million and will fund market expansion, customer acquisition and growth of the company team.
What the money will do
The company says the funding will support entry into three new metro areas: Atlanta, Charlotte, S.C., and Nashville, Tenn.. Heave has already established a strong position in Florida and Texas, and leaders plan to scale the network of mobile mechanics to meet growing demand for fast, on-site repairs.
How the service works
Heave operates a platform that matches construction contractors with certified, vetted mobile technicians who can service multiple equipment brands. The company markets itself as a fast, on-site alternative to traditional dealer service, offering repairs in under 24 hours and aiming to cut costly equipment downtime that the company notes can run about $1,000 an hour for construction projects.
Scale and capacity
The business serves more than 600 machines each month and relies on a network of over 300 active mechanics drawn from a larger pool of about 850 nationwide. Heave’s internal headcount is small, with around 21 team members, while field mechanics work under a fully 1099 contractor model that provides flexible schedules.
Contractor and technician benefits
The platform aims to give technicians flexible work and higher earning potential. The company reports technicians have seen increases in income described as up to sixfold (noted elsewhere as a 600% rise). From the customer side, Heave positions its service as both faster and more affordable than traditional dealer-based repair models.
Investor backing and positioning
Outsiders Fund led the Series A, and the round includes continued support from existing backers such as FJ Labs, Long Journey Ventures, and Slow Ventures. Investors view the business as well placed to address a fragmented market and to scale as a category leader in construction technology.
Founding and product framing
Heave was founded by Alex Kraft, a former dealership executive. The company is often described as operating like an Uber for heavy equipment repair, using a marketplace approach that is brand-agnostic and built to keep machines running and projects on schedule.
Market context and reasoning
Construction firms face high costs for unexpected equipment downtime, and a growing demand exists for faster, more efficient service options that reduce lost labor and schedule delays. Heave frames its growth as a response to that demand, using mobile technicians and a technology platform to lower waiting times and service costs for contractors.
Operational notes and disclosure
The company’s release detailed planned uses for the funding: expanding into new markets, acquiring customers, and adding staff. Heave’s model centers on providing certified mobile mechanics who can handle multiple brands, offering customers access to on-site repair within a day and technicians flexible work arrangements with higher earning upside.
Takeaway
With fresh capital and a clear expansion plan, Heave aims to press its advantage in markets where it is already strong and bring rapid on-site heavy-equipment repair to at least three more metros. The move reflects broader demand for quicker, lower-cost maintenance options in the construction industry.