Rental technology start-up Quipli secures funds

13 February 2023

US rental software specialist Quipli has raised US$3.5 million (鈧3.3 million) from software investment firm Boundless Venture Co and will invest in expanding its product offering.

Software specialist Quipli is expanding. Photo: Quipli website.

Atlanta, Georgia-based Quipli, which was founded in 2020 by CEO Kyle Clements, develops equipment rental software targeting independent rental companies.聽

Its technology allows smaller rental companies to offer customners online rental functionality by embedding Quipli鈥檚 software on their sites.

Clements told IRN; 鈥淲e鈥檙e continuing to invest in our equipment rental management platform to meet the needs of our growing customer base.

鈥淲e 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鈥檝e built out a robust equipment rental software - truly the one software a small equipment rental company needs to run their business.

鈥淚n particular, we鈥檝e 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鈥檙e investing in our customer success teams to maintain our five-minute support times, during normal business hours.鈥

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.

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