Ooodles Raises $12M in Funding

Funding Rounds

Summary

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.

$ Funding

$
Amount $12.0M Total raised
Date November 9, 2023 Announcement date
Investors - Lead investors
Company - Funded company

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Travel
applications
Transportation, Logistics & Inventory

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