Renterra, a Chicago, IL–based software platform for equipment rental businesses, has raised $9 million in Series A funding.
Investors
The round was led by Avenue Growth Partners, with participation from existing investors.
Avenue Growth Partners is a specialized growth equity firm based in Washington, D.C., founded in 2020. The firm focuses on backing high-growth, capital-efficient B2B software companies.
Renterra Use of Funds
The company plans to use the funding to expand its engineering, product, and go-to-market teams, invest in AI capabilities, and enhance its platform to support smarter operations and data-driven decision-making for rental companies.
About Renterra
Founded in 2022, Renterra is a company that provides an all-in-one operating system for rental companies, helping businesses modernize operations, improve customer experiences, and unlock new growth opportunities. Headquartered in Chicago, Illinois, Renterra's mission is to transform how equipment rental businesses operate. Renterra serves hundreds of rental businesses across the United States and Canada.
Funding Details
Company: Renterra, LLC
Raised: $9.0M
Round: Series A
Funding Date: January 2026
Lead Investor: Avenue Growth Partners
Additional Investors: Existing investors
Company Website: https://getrenterra.com/
Software Category: Equipment Rental / AI-Driven Operations Software
Source: https://www.prnewswire.com/news-releases/renterra-raises-9m-series-a-to-power-the-future-of-ai-driven-equipment-rental-software-302666328.html