Renterra raises $9M in Series A funding. Renterra, a Chicago, IL-based provider of a software platform for equipment rental businesses, raised $9M in Series A funding. The company intends to use the funds to grow its team across engineering, product, customer success, and go-to-market functions, while continuing to invest in its platform and long-term roadmap. Led by CEO Andy Feis, Renterra offers an all-in-one, cloud-based rental management software for heavy equipment companies, streamlining operations from quotes and inventory to invoicing, payments, and accounting with features like customer portals, digital signatures, and integrated e-commerce.

Renterra, a software platform for equipment rental businesses, has raised $9 million in Series A funding led by Avenue Growth Partners, with participation from existing investors. The Chicago-based company will use the capital to expand its team, enhance its technology platform and accelerate AI integration. Renterra provides an all-in-one operating system for rental companies, helping them modernise operations and improve customer experiences. The platform currently serves hundreds of rental companies across the United States and Canada, processing hundreds of millions of dollars in rental transactions annually. The funding will support growth across engineering, product, customer success and go-to-market functions. CEO Andy Feis said the company is building technology to help rental businesses operate more efficiently, with AI playing a practical role in supporting decision-making and marketing.