News Summary

Kitchener-Waterloo’s construction technology scaleup, Dozr, known for its online marketplace and software for heavy equipment rentals, has announced significant leadership changes. Kevin Forestell, co-founder and former CEO, has transitioned to the role of chair of the board after nearly a decade. Dave Frazier, with a dual background in construction and technology, has been appointed as president, bringing his extensive experience to guide Dozr’s next growth phase. Under Forestell’s leadership, Dozr expanded its platform across North America, achieving significant revenue growth and securing a place in Deloitte’s list of fastest-growing tech firms. Since securing a $27.5-million CAD Series B funding in early 2022, the company has focused on US expansion, raising additional capital, and streamlining operations. Despite recent layoffs, Dozr remains committed to growth, with Frazier set to lead the company’s AI and tech-enabled developments. The company, which offers a comprehensive marketplace for contractors, continues to be headquartered in Canada, with a substantial presence in the Kitchener-Waterloo and Toronto areas.