Company News

TAMPA, FL – AUGUST 27, 2025

Heave, the platform connecting construction companies with on-demand heavy equipment repair and mobile mechanics, has closed a $7 million Series A funding round led by Outsiders Fund with continued support from FJ Labs, Long Journey Ventures, and Slow Ventures. This investment brings Heave’s total funding to $13 million and will fuel market expansion, customer acquisition, and team growth.

Operating like “Uber for heavy equipment repair,” Heave solves one of the construction industry’s most costly problems: equipment downtime. The platform gives contractors instant access to certified, vetted mobile mechanics who can complete multi-brand repairs in under 24 hours — a significant improvement over traditional service models that often take days or weeks.

Fast Facts About Heave

• 600+ machines serviced each month across the U.S.
• 300+ active mechanics from a nationwide pool of 850
• Service available in Florida, Texas, Atlanta, Charlotte, and Nashville with expansion underway
• Average time to book a mechanic in core markets: 5 minutes‍
• Mechanics earn up to 6× more compared to traditional dealership pay mode

Built for Contractors and Independent Technicians

Founded by Alex Kraft, a former dealership executive, Heave was designed to meet the urgent needs of modern job sites. The platform’s brand-agnostic repair model means technicians can work on Caterpillar, John Deere, Komatsu, and other leading equipment brands — often servicing multiple pieces of machinery in a single visit.

For contractors, booking a repair is simple, fast, and transparent. For mechanics, joining the Heave network offers flexible, independent work with life-changing earning potential.

“Heavy equipment is the lifeblood of the American construction economy, and downtime is a $1,000-per-hour problem,” said Kraft. “We’re redefining how the industry operates — faster repairs, more opportunities for technicians, and less lost time for contractors.”

A Growing Market Opportunity

The U.S. heavy equipment repair and maintenance industry is valued at $40 billion, according to IBISWorld. Rising demand for on-site repair services, combined with a shortage of skilled mechanics, positions Heave as a category leader in construction tech.

“Heave is tackling a massive, fragmented industry with incredible early traction,” said George Easley, Partner at Outsiders Fund. “They’re building a category-defining company from Tampa.”

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