5 years ago
Rentuu Secures £1.5 Million Funding to Expand Equipment Hire Platform
Rentuu, a London-based technology platform for the equipment hire industry, raised £1.5 million in funding
Investors included Italian Angels of Growth, Sir Stelios Haji-Ioannou (founder of easyJet), Pilabs VC, Boost Heroes VC, and others
The company plans to use the funds to expand its business reach into new markets and operations
Rentuu operates a cloud-based platform and franchise network for the equipment hire industry in construction and events
The company has experienced rapid growth, securing backing from the easy family of brands through investment from Sir Stelios Haji-Joannou
Rentuu has offices in four countries and over 300 partners in its development pipeline.
ProblemTechnology Infrastructure
"The equipment hire industry is fragmented and inefficient, with a lack of transparency and access to real-time information for both hirers and renters."
Solution
"Rentuu provides a cloud-based platform that connects hirers and renters of equipment, streamlining the rental process and making it more efficient and transparent."