Machinery Partner closes $4.5m seed

Machinery Partner raises $4.5m seed round, led by One Way Ventures and Euclid Ventures.

Boston-based Machinery Partner, which offers procurement, financing and support for small businesses needing heavy machinery, announced the close of a $4.5 million seed-stage round. The oversubscribed round was led by One Way Ventures and Euclid Ventures, with participation from PJC and Techstars Ventures.

The round also included prominent angel investors including early Uber employees, dozens of founders of venture-backed companies, and Nicole Glaros, the chief investment strategy officer of Techstars. Notably, One Way and Euclid wrote the largest checks in the history of their respective funds.

Source: Press release