# Garage

> AI-assisted marketplace for used fire engines, ambulances and municipal heavy equipment.

## Why it is interesting

Raised $41M Series B led by Invus Opportunities on Nov 10, 2026; Fortune reports $225M valuation. Garage's $100M+ annualized vehicle sales are marketplace transaction value, not Garage revenue, making fee disclosure and procurement economics especially important.

## Profile

- **Latest funding:** Series B — $41M (November 10, 2026)
- **Latest known valuation:** $225M reported by Fortune; pre/post undisclosed (November 10, 2026)
- **Total disclosed equity funding:** $59M
- **Stage:** series-b
- **Status:** private
- **Industries:** N/A
- **Coverage:** full
- **Last updated:** 2026-11-11
- **Latest funding investors:** Invus Opportunities, Infinity Ventures, Initialized Capital, Y Combinator, Benchstrength, FJ Labs

## Key facts

- November 10, 2026: $41M Series B led by Invus Opportunities; Fortune reports $225M valuation; pre/post unspecified.
- Over $100M annualized platform equipment sales and 1,000+ communities are issuer-reported, not audited platform revenue.
- The seller 10% fee is published in Garage's June 2025 terms; Fortune reports a 10% buyer premium on auction transactions.
- Company does not warehouse or own listed vehicles; third-party transport, optional inspections and warranties.

## Funding history

- Series B · $41M · November 10, 2026
  Source: https://www.prnewswire.com/news-releases/garage-raises-41m-series-b-to-scale-ai-powered-marketplace-for-americas-essential-equipment-surpassing-100m-in-annual-platform-sales-302935598.html
- Series A · $13.5M · August 20, 2025
  Source: https://www.prnewswire.com/news-releases/garage-raises-13-5m-series-a-to-build-modern-marketplace-for-americas-essential-equipment-302534666.html
- Seed · $4.5M
  Source: https://techcrunch.com/2025/08/20/yc-backed-garage-raises-13-5m-to-help-firefighters-buy-equipment/

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** November 11, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/garage-heavy-equipment-marketplace