Sometimes, customers need small equipment delivered from a rental company in a hurry (e.g. fans, cables, equipment attachments, etc). But rental companies aren’t set-up to provide quick, convenient delivery. In fact, they often resort to using the same flatbed trucks that are required to deliver bulldozers. This provides slow service to the customer and unnecessary expense to the rental company.
Fero connects rental companies with pickup truck drivers that can provide immediate delivery to customers. Fero will automatically find the driver, track the vehicles’ progress, verify delivery, and handle payment.
Fero was founded and is run by Scott Lowman. Scott is a former VP of Sales at Wynne Systems, a leading provider of software to the rental industry. Prior to that, Scott ran a branch of United Rentals, the world’s largest provider of rental equipment. After developing the idea of Fero, Scott came to VMS Fund for start capital. VMS loved Scott’s drive and deep experience in the Rental vertical. He identified a real problem with deliveries in the market and a potential solution to fix it.
With VMS Fund, Fero receives:
Fero is currently building a prototype of its solution and testing it on prospective customers
You should start by emailing firstname.lastname@example.org. Include a brief description of your idea and why you believe it meets the criteria of the fund. We will then arrange a follow-up call to discuss further. Keep in mind that all fund investments will require a business unit sponsor from within Constellation. If you already have a business unit leader that supports your application, be sure to include this in your email.
Any further questions, feel free to reach out to email@example.com.