Equip startup raises USD 1.4M Salkantay and Alaya back Peruvian B2B expansion

Equip, a Peruvian B2B wholesale marketplace for construction materials and equipment, has raised USD 1.4 million in a seed round led by Salkantay Ventures and Alaya Capital. The funding will support Equip’s expansion strategy, including its entry into the Mexican market and the strengthening of its digital platform.

Vision and Leadership

Founded in 2021 by Tiago del Río San Martín, Equip aims to streamline the supply chain for small and medium-sized hardware stores by offering real-time pricing, verified suppliers, and integrated logistics. The platform currently serves over 500 active retailers in Peru, and is preparing to launch pilots in Mexico, a key market for infrastructure and construction.

“Our priority is to keep investing in technology, artificial intelligence, and product development to deliver a simple, reliable, all-in-one experience for builders,” said del Río San Martín, CEO and co-founder of Equip.

Expansion Plans

Currently operating in Peru with over 500 active retailers, Equip is preparing to launch pilots in Mexico, a strategic market for infrastructure and growth. The company also plans to develop a fintech vertical to offer credit solutions for construction firms underserved by traditional banking.

The company is also developing a fintech vertical to offer credit solutions for construction firms that are underserved by traditional financial institutions. With this funding, Equip plans to grow its team, enhance its tech stack, and scale operations to meet projected 8X growth by 2025.

Investor Perspective

Salkantay Ventures described Equip as “a strategic bet on formalization and efficiency in Latin America’s construction ecosystem,” highlighting its potential to transform a fragmented and informal market through innovation and data driven solutions.