Ooodles

Ooodles is a United Kingdom-based startup that offers a unique tech rental solution for businesses. With a focus on Consumer Electronics, the company aims to simplify the process of renting laptops, phones, and accessories with its innovative approach. Ooodles distinguishes itself with a fully serviced pay-as-you-go model, providing flexibility and cost-effectiveness to its customers. The company's recent success is evident in its £9.80M Debt Financing investment received on 09 November 2023, with Smart Lenders Asset Management SA as the investing party. This substantial investment underscores the confidence that investors have in Ooodles' business model and potential for growth. Ooodles' value proposition lies in its ability to enhance cash flow for businesses by eliminating hefty upfront costs, offering tax-deductible rentals, providing seamless upgrades, and even offering an employee leaver program. Additionally, the company offers insurance options to safeguard devices against accidental damage and theft. Overall, Ooodles presents a compelling offering in the tech rental space, providing businesses with a convenient and efficient way to access and manage their technology assets. With a solid foundation established in 2021 and a recent substantial investment, Ooodles is poised for further expansion and success in the consumer electronics industry.