Quipli, Atlanta, has raised $3.5 million from Boundless Venture Co., a venture studio in Oakland, Calif. 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.
“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,” said Dan Saper, CEO, Boundless. “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.”
Quipli has expanded from zero to more than 100 equipment rental customers in its first 18 months of existence, the company says.
“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 Clements.
“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. We’re proud to offer free support and 5-minute response times on emails during business hours,” said Court Kasten, chief operating officer, Quipli.