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Gearflow

Chicago, US · Founded 2017 · Delaware corporation · 9 known investors

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Gearflow is an AI-powered procurement platform for fleet teams, letting them report equipment needs, route request workflows, and source parts, service, equipment, and freight from vendors. It targets contractors and growing fleets in the construction and equipment sector, with a stated focus on the United States.

Founders & leadership

Gearflow was founded in 2017 by Luke Powers and Benjamin Preston.

LPLuke Powers
Luke PowersCo-founder & CEOLuke Powers joined the construction industry in 2012 and has worked extensively with fleet teams on procurement challenges. He is Executive Officer and Director at Gearflow, an AI-powered procurement platform that helps construction and equipment fleet operators manage equipment needs, vendor sourcing, and supply chain workflows.
BP
Benjamin PrestonCo-founder

Board

GO
Greg OwensBoard director
AYAustin Yount
Austin YountBoard directorPartner at Brick Mortar Ventures
PD
Patrick DillinghamBoard directorGeneral Partner at Watchfire Ventures

Investors · 9

Funding

SEC filings, press & company announcements

$13.9M disclosed across 3 of 4 rounds · 2019–2024

▶$3.6MraisedMar 2026 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Luke PowersExecutive Officer, Director
  • Greg OwensDirector
  • Austin YountDirector
  • Benjamin PrestonDirector
  • Patrick DillinghamDirector
Offering amount
$3.8M
Amount sold
$3.6M
First sale
Jul 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.5MraisedSep 2022 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ben PrestonExecutive Officer, Director
  • Greg OwensDirector
  • Austin YountDirector
  • Patrick DillinghamDirector
  • Luke PowersExecutive Officer, Director
Offering amount
$5.5M
Amount sold
$5.5M
Minimum investment
$1
First sale
Aug 2022
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.8MraisedJun 2021 · 41 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ben PrestonExecutive Officer, Director
  • Patrick DillinghamDirector
  • Luke PowersExecutive Officer, Director
  • Greg OwensDirector
Offering amount
$4.8M
Amount sold
$4.8M
Minimum investment
$1
First sale
May 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 2

Companies working in the same space as Gearflow.

In the news

Frequently asked questions

What does Gearflow do?
Gearflow is an AI-powered procurement platform for fleet teams, letting them report equipment needs, route request workflows, and source parts, service, equipment, and freight from vendors. It targets contractors and growing fleets in the construction and equipment sector, with a stated focus on the United States.
Who founded Gearflow?
Gearflow was founded by Luke Powers, Benjamin Preston in 2017.
Who are Gearflow's investors?
Gearflow's investors include Alumni Ventures, Brick Mortar Ventures, Chicago Early Growth Ventures (CEGV), Harvard Business Angels of Chicago, NVP Capital, Path Ventures, Watchfire Ventures, Chicago Ventures and 1 more.
How much funding has Gearflow raised?
Gearflow has disclosed $13.9M raised across 3 of its 4 known rounds.
Where is Gearflow headquartered?
Gearflow is headquartered in Chicago, US.