Quipli, a provider of software for the equipment rental market based in Atlanta, raised $3.5 million from Boundless Venture Co, a venture studio based out of Oakland, CA.
“We have worked with Kyle Clements [Quipli founder and CEO] since Quipli was just an idea, and we couldn’t be more excited to announce our continued support and partnership with him and the team,” Dan Saper, CEO of Boundless, said. “We found that customers in this market have been frustrated with legacy options and are ready for the next generation of software. The pain points are real and the opportunity is massive.”
“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,” Clements said.
Clements has been selected by the American Rental Association (ARA) to headline its upcoming Future of Rental panel at the Annual ARA Show on Feb. 11.
Court Kasten joined Quipli from Clutch Automotive and Sage Intacct as its COO in 2022 to help scale the business. “We added nearly 20 people to the team in the last year to keep up with demand and to continue to provide best-in-class customer support,” Kasten said. “We’re proud to offer free support and 5-minute response times on emails during business hours.”
Quipli has recently added several high profile customers, including Arapahoe, Haulotte, SANY and Sonsray.
“Quipli is clearly leading the next generation of software in the equipment rental market,” Evan Moore, general manager of Arapahoe Rental, said. “We hit many dead ends during our hunt for a fully web based rental management software with multi location capabilities and an integrated ecommerce website with real time availability. We ran trials with multiple software vendors side-by-side for several months, and there was no comparison to Quipli’s pace of development, and customer support. Quipli listens to our needs regularly and shows an excitement to develop requested features. The crew at Quipli has made Arapahoe Rental feel like a partnership and not just another Customer.”
