YardLink raises £15.8m in Series A funding led by Beringea to scale its construction procurement platform.
The Series A round was led by Beringea with backing from Amplifier, Speedinvest, and FJ Labs to support team expansion and product growth.
YardLink operates a digital procurement marketplace for construction SMEs to source and manage equipment, materials, and services. The platform connects contractors with a network of vetted suppliers to streamline supply chain operations.
YardLink has secured £15.8m in Series A funding to scale its construction supply chain platform and expand its team. The investment round was led by Beringea, alongside participation from Amplifier, Speedinvest, and FJ Labs. The fresh capital will enable the company to double its headcount and broaden its product offerings to integrate more deeply with suppliers nationwide.
The London-based startup provides a centralised digital system that allows contractors to source, book, and pay for equipment and materials directly. By connecting buyers with approved local suppliers, the platform aims to reduce project delays and lower carbon footprints across the building sector.
From the founder
"Construction is one of the least digitised industries with over 95% of supply chain transactions still being conducted over the phone, email and pen and paper. Coordinating multiple suppliers and deliveries across time constrained projects is a real challenge that results in delays and costly project overruns. YardLink connects construction customers with their supply chain on a single digital platform, enabling contractors to manage their entire supply chain, streamlining procurement and ultimately helping them increase their profit margins"
Neeral Shah
CEO at YardLink
Investor perspective
"In an industry that has struggled to embrace new technologies, and where supply and demand are fragmented, YardLink has the potential to establish itself as the go-to marketplace for construction supplies. Neeral and the team have built a business that enables a fast, reliable and cost-effective way for renting equipment or purchasing materials. The efficiency of the process also facilitates a lower environmental footprint. We are excited to join them on their journey!"
Maria Wagner
Partner, Beringea
Use of funds
- 01Grow the team
- 02Continue product development
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About the company
YardLink
YardLink provides a digital supply chain platform for the construction industry.