EquipmentShare, Motive Said to Weigh Marketing IPOs Next Week

EquipmentShare.com Inc. and Motive Technologies Inc. are set to begin formal marketing for their initial public offerings as soon as next week, according to people familiar with the matter, as a busy year for listings gets underway.

Columbia, Missouri-based construction equipment rental firm EquipmentShare.com filed publicly for a listing on Dec. 9. The listing could raise about $1 billion, person familiar with the matter said.

Motive, which counts Alphabet Inc.’s Google Ventures and Kleiner Perkins among its backers, makes artificial intelligence-enabled fleet management software and filed its IPO paperwork publicly on Dec. 23. An IPO could raise around ...