Rental technology start-up Quipli secures funds
13 February 2023
US rental software specialist Quipli has raised US$3.5 million (€3.3 million) from software investment firm Boundless Venture Co and will invest in expanding its product offering.
Atlanta, Georgia-based Quipli, which was founded in 2020 by CEO Kyle Clements, develops equipment rental software targeting independent rental companies.
Its technology allows smaller rental companies to offer customners online rental functionality by embedding Quipli’s software on their sites.
Clements told IRN; “We’re continuing to invest in our equipment rental management platform to meet the needs of our growing customer base.
“We initially started as an e-commerce widget for independent equipment rental companies, and based on demand from our 100 plus independent equipment customers we work with, we’ve built out a robust equipment rental software - truly the one software a small equipment rental company needs to run their business.
“In particular, we’ve delivered Service and Repair functionality this quarter with plans to build out Delivery and Dispatch and sophisticated multi-location functionality for five to 10 location equipment customers in 2023. Additionally, we’re investing in our customer success teams to maintain our five-minute support times, during normal business hours.”
Quipli customers include Colorado and Wyoming based rental company Arapahoe; dealer and rental business Sonsray - which specialises in Case equipment; and OEMs Haulotte and Sany.