The Open Equipment Taxonomy Alliance will introduce a comprehensive classification system for construction machinery and equipment. This taxonomy is designed to standardize the terminology and categorization of construction equipment across different platforms and software solutions. By establishing a common language, the partnership aims to streamline data interchange between equipment software providers, enhancing efficiency and reducing potential errors in construction projects.

The collaboration enables Quipli users to access Boom & Bucket’s valuation tools directly within the Quipli rental management platform. Quipli said that through this integration, users can now receive real-time equipment valuations, allowing for more informed decision-making based on current market conditions.

Boom & Bucket proudly announces its commitment to an open-access taxonomy system, supported by the Open Equipment Taxonomy Alliance—a coalition of leading players in the equipment software industry, including Boom and Bucket, Procore, Frenter, Quipli, Tenna, and Gearflow.

With Boom & Bucket’s valuation tools integrated into Tenna, contractors can instantly access auction results and retail asking values for their owned equipment within Tenna, facilitating accurate price valuations.

Boom & Bucket, the innovative digital dealership for heavy equipment, today announced the assembly of a team of fleet advisors, composed of seasoned industry professionals, all dedicated to revolutionizing the way customers buy and sell used heavy equipment.

Boom & Bucket, revolutionizing the digital heavy equipment market, unveils its groundbreaking AI-powered Search and Discovery platform.

The API, specifically tailored for equipment operators, financial service providers, and equipment dealers, seamlessly integrates with equipment management software. This integration offers direct access to real-time value assessments and comprehensive, up-to-the-minute market trend data within your current workflow.

"We're excited to offer this revolutionary API to our customers," said Aaron Kline, Chief Operating Officer and Co-Founder of Boom & Bucket. "It's not just about providing data; it's about empowering businesses with the insights they need to make smarter, more informed decisions in the ever-evolving heavy equipment market."

With $5.5 million in seed funding, the company plans to scale nationwide and improve its customer experience.

“Boom & Bucket is proud to sponsor this scholarship initiative,” said Adam Lawrence, CEO of Boom & Bucket. “Education is the bedrock that supports innovation in our incredibly important space. With knowledge, we can all achieve great things.

Building Boom & Bucket with the lessons learned from Bolt ($14b) and Addepar ($2.2b). Let's build and win together.

It’s people who have made offers on machines: $75,000; another $75,000; $50,000. The biggest thing we’ve sold cost more than half a million bucks — and the least expensive thing that we’ve sold is around $12,000 or so.

Boom and Bucket is aiming to disrupt the secondary heavy machinery market with a focus on “trust, technology, and service.” The team that Aaron’s helped build has deep construction expertise along with technology expertise that’s becoming more and more in demand.