The company intends to use the funds to expand its circular offering across the UK ahead of plans to launch internationally. Founded in 2021 by Leonardo Poggiali, Ooodles is a fintech company offering SMEs and professionals in the UK a flexible and convenient Device-as-a-Service rental solution for tech hardware. The monthly rental platform, FCA-regulated and compliant with commercial hire regulations, gives professionals access to high-end laptops, phones, and other business-critical IT tech. Initially launched with B2C rental for consumers and individual professionals, the system has organically expanded to a dedicated SME offering. They will now extend its services vertically, adding AI technologies, and evolve from what it is today, while it also has plans to expand internationally.