Tech Company Financing Transactions
Quipli Funding Round
Quipli closed a $3.5 million funding round on 2/6/2023. Backers included Boundless Venture.
Transaction Overview
Company Name
Announced On
2/6/2023
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Undisclosed
Investors
Boundless Venture (Lead Investor)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Atlanta, GA Undisclosed
USA
Atlanta, GA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
In the Fall of 2020, Quipli's founder had a frustrating experience trying to rent equipment online from a large, national rental company. That experience led to hundreds of customer interviews and exploration into why online renting was so difficult, and eventually to the founding of Quipli. Quipli enables local rental companies to offer the technology of the industry's largest players, at a fraction of the cost. Quipli is a fast-growing company powering the online storefronts of dozens of companies from upstart rental companies to 8-figure rental businesses.
Management Team
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