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Heave Raises $7M Series A to Deliver 24-Hour Heavy Equipment Repair and Transform Technician Earnings

Heave Raises $7M Series A to Deliver 24-Hour Heavy Equipment Repair and Transform Technician Earnings

September 3, 2025 Craig Etkin

Dominant in Florida and Texas, Heave delivers multi-brand fixes in under a day and boosts mechanic earnings up to 6×; round led by Outsiders Fund brings total funding to $13M

TAMPA, Fla., Aug. 27, 2025 /PRNewswire/ — Heave, the platform connecting construction companies with on-demand heavy equipment mechanics, today announced a $7 million Series A round led by Outsiders Fund, with continued support from FJ Labs, Long Journey Ventures, and Slow Ventures. The new capital brings Heave’s total funding to $13 million and will be used to fuel market expansion, customer acquisition, and team growth.

Operating like “Uber for heavy equipment repair,” Heave is solving one of the most frustrating and costly issues in construction: equipment downtime. By offering companies access to certified, vetted mobile mechanics, Heave helps keep machines running and projects on schedule. The company currently services 600+ machines per month and has over 300 active mechanics in its network out of a total pool of 850 nationwide.

Founded by Alex Kraft, a former dealership executive who saw firsthand how slow and expensive traditional service models could be, Heave was built to be faster, more affordable, and built around the needs of job sites. The company is already a dominant player in Florida and Texas, and is expanding quickly across Atlanta, Charlotte, and Nashville regions with high-density construction and equipment usage.

“Heavy equipment is the lifeblood of the American construction economy, and downtime is a $1,000-per-hour problem for these businesses,” said Alex Kraft, founder and CEO of Heave. “This funding gives us the fuel to expand faster and deliver even more value to contractors who rely on us to keep their projects moving. We’re not just speeding up repairs, we’re redefining how this entire industry operates.”

The company’s 21-person team supports a fully 1099 mechanic model, offering flexible work for experienced technicians while meeting the urgent needs of contractors and site operators.

On one side, customers are getting technicians on-site in less than 24 hours, versus waiting days or weeks. Plus, Heave’s brand agnosticism allows them to address multiple brands at a time. On the technician side, Heave offers life-changing earning potential, with some technicians seeing up to a 600% increase in earnings. The demand is clear, and Heave is helping to meet it.

“Alex and the team at Heave are seeing incredible early success in a highly complicated and fragmented market,” said George Easley, Partner at Outsiders Fund. “Their thoughtful approach to solving the logistical and monetary pain of heavy equipment dealer service is positioning them to be a category-defining leader in construction tech.”

About Heave
Heave is the on-demand platform for heavy equipment repair. Built for the construction industry, Heave connects companies with qualified mechanics who can service machinery on-site. Founded in Tampa, Heave is modernizing one of the last offline corners of construction and keeping America’s job sites moving. Learn more at www.heaveapp.com.

Media Contact:
Kathy Osborne
Kamel PR
Kathy@kamelpr.com
607-434-2065

SOURCE Heave Inc.

Copyright © 2025 Cision US Inc.


Venture Capital
Cision, Florida, Heave, PRNewswire, Tampa, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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