# ShareGrid

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sharegrid

- Industry: Electronics
- Headquarters: Seattle, US
- Website: www.sharegrid.com
- Total disclosed funding: $1M
- Latest round: Seed (Jul 13, 2016)
- Investors on record: 2

## About

ShareGrid is a peer-to-peer rental platform that connects creatives in the film and photography industry with those offering high-quality camera gear and accessories for rent.Founded in 2013 by Arash Shiva and Marius Ciocirlan, ShareGrid operates out of Seattle, US. The company specializes in facilitating gear rentals for filmmakers and photographers. In January 2022, ShareGrid was acquired by Backstage LLC, a portfolio company of TA Associates, from Archer Gray and MHS Capital Partners. The company has participated in 2 deals, with a recent Seed funding round raising USD 1.00 mn led by MHS Capital Partners.ShareGrid operates as a peer-to-peer rental platform specializing in the sharing of camera equipment, lenses, grip supplies, and lighting gear. Its core services facilitate connections between local creatives, such as filmmakers and photographers, and individuals looking to rent high-quality gear. By providing a marketplace for users to list their unused equipment, ShareGrid enables gear owners to monetize their assets while helping renters access top-tier tools for their projects. The platform ensures safety and security for all transactions with extensive seller protections and coverage options, primarily serving the U.S. market, especially in metropolitan areas like Los Angeles and New York City.ShareGrid generates revenue through a commission-based model, charging a 5% fee on each rental transaction, capped at a maximum of USD 500. Clients, which include individual rental equipment owners and renters, engage in transactions that involve listing equipment, negotiating rental terms, and completing payments through the platform. This structure enhances user experience and satisfaction, promoting a vibrant community of creatives, thus contributing to overall revenue generation.The acquisition by Backstage LLC aims to expand their suite of content creation tools, enhancing ShareGrid's offerings. Future plans include launching new tools for creators to rent equipment, although specific product release dates have not been disclosed. This strategic expansion will allow ShareGrid to enter new markets, focusing on increasing their presence in areas with high demand for filming and photography gear. The recent Seed funding will support these initiatives, allowing ShareGrid to enhance its platform and services.

## Funding rounds

- Seed, Jul 13, 2016, $1M — MHS Capital, Archer Gray

## Investors

- MHS Capital (https://capitalatlas.ai/funds/mhs-capital) — Seed
- Archer Gray (https://capitalatlas.ai/funds/archer-gray) — Seed