Rentle completes a pre-seed round of €250k from angel investors.
Rentle, an Espoo, Finland-based company developing software solutions for rental companies, announced completing a €250k ($280k) pre-seed investment round.
The money was provided by local investors, mainly Finnish family offices and business angels.
Rentle, founded in 2014 by Toomas Kallioja, Tuomo Laine (CEO), and Joel Mikkonen, built a platform solution for recreational rental companies. The company aims to help rental shops to streamline their business processes, covering the whole rental shop's operations including inventory management, booking and reservations, rental contracts, payments, and online and offline sales channels. Rentle had pilot projects with customers such as Laajis, SkiMac, Ylläs Y1, Lapland Safaris and other rental shops.
Prior to this deal, Rentle received €50k in a grant from Business Finland and an angel investment of €30k, both in 2018.