# Garage raises $41M Series B to grow AI marketplace for municipal equipment

> The funding will help the New York startup expand its AI‑driven platform that lets U.S. towns buy and sell fire trucks, garbage trucks and other heavy assets.

Oossa · 2026-11-10 · https://oossa.com/en/garage-raises-41m-series-b-to-grow-ai-marketplace-for-municipal-equipment

Garage announced a $41 million Series B round led by Invus Opportunities, with participation from Infinity Ventures, Initialized Capital, Y Combinator, Benchstrength and FJ Labs. The money adds to the $60 million the company has raised total and will be used to hire staff and move into new heavy‑duty verticals such as public works and sanitation. Garage’s AI‑powered marketplace now serves over 1,000 communities across all 50 states and Canada, and it reported more than $100 million in annual platform sales.

## The facts

- Series B funding: $41 million, led by Invus Opportunities
- Annual platform sales surpassed $100 million

## Why it matters

Municipalities can sell surplus fire trucks for up to ten times more than before, freeing cash for local services.

## Sources & references

1. [Garage Raises $41M Series B to Scale AI-Powered Marketplace for America's Essential Equipment, Surpassing $100M in Annual Platform Sales](https://www.prnewswire.com/news-releases/garage-raises-41m-series-b-to-scale-ai-powered-marketplace-for-americas-essential-equipment-surpassing-100m-in-annual-platform-sales-302935598.html) – PR Newswire RSS, 2026-11-10

Last updated: 2026-11-10