JCB Equipment Share, a group dedicated to selling outdoor equipment to the public, has raised $1 million in funding to sell equipment to other outdoor companies.
The startup group, which includes JCB, says it aims to increase its equipment share of the outdoor industry by 40 percent in 2019.
“We are building a network of outdoor vendors with access to the highest quality equipment and services,” the company says in a blog post.
“We have a great team, and are looking for a team to partner with.”JCB Equipment shares are currently offered through its own marketplace, the JCB Marketplace, which offers equipment and other goods for sale.
JCB Marketplace is designed to provide outdoor retailers with competitive prices on gear and services, as well as to allow members to customize their experience with gear.
The company said that the $1m in funding is being used to purchase equipment and software licenses for its marketplace and to support the development of the marketplace.
The JCB Group is also looking for an independent team to join the company as its sole operator.