Renterra Raises $3M in Funding

Renterra, a Chicago, IL-based provider of a modern software platform for the equipment rental industry, raised $3M in funding.

The round was led by Bienville Capital, with participation from Iron Prairie Ventures, Alaris Capital, and others.

The company intends to use the funds to accelerate its product development, expand its market reach, and enhance customer support services.

Lee by Andy Feis and Nick Hibberd, Renterra provides a platform that streamlines all aspects of equipment rental, from inventory management and customer relations to analytics and operational efficiency. Its cloud-based operating system is accessible on any device, including a fully-functional mobile application. Additionally, the company now offers an Integrated Online Storefront that allows rental companies to bring their businesses online in minutes.

FinSMEs

17/04/2024