Quipli, an Atlanta, GA-based company that provides an online rental platform that embeds directly into your existing website, raised $3.5 million in funding.
The investment was from Boundless Venture Co, a venture studio based in Oakland, CA.
The capital will be put towards expanding Quipli's cutting-edge technology and ensuring that it continues to deliver the best equipment rental management solution to its customers.
"It's amazing what a modern technology platform can do, in terms of speed of new product releases. Many customers were asking for a Service & Repair module in Q4, and we were able to deliver this feature in just a few weeks based on great feedback by our customer base," said Kyle Clements, founder, and CEO of Quipli
Quipli has exploded from zero to over 100 equipment rental customers in its first 18 months of existence and continues to iterate quickly as it serves more and more upmarket customers.
The company has recently added several high-profile customers, including Arapahoe, Haulotte, SANY, and Sonsray.
Company: Quipli, Inc.
Funding Month: February 2023
Lead Investors: Boundless Venture Co
Company Website: https://www.quipli.com/
Software Category: Equipment Rental Software
About the Company: Quipli, founded in 2020 and based in Atlanta, GA, specializes in developing the latest equipment rental software for independent rental companies. Its platform offers a comprehensive suite of tools including an e-commerce storefront, inventory management, payments, billing, invoicing, service, and repair, as well as marketing services, all accessible through a cloud-based solution. Quipli is committed to providing robust security, easy implementation, and outstanding customer support for its construction equipment rental software platform, with a response time of just 5 minutes during business hours through chat, phone, email, and text support.