Ooodles provides an AI-powered, proprietary platform that helps SMEs sort credit approvals, manage inventory and upgrades, and build device fleets tailored to their needs. The company positions its service as a flexible alternative to restrictive leasing for underserved SMEs. Its platform uses AI to recommend and manage fleets of devices and streamline operational processes. Ooodles plans to further develop its proprietary AI technology and pursue international expansion into Ireland. The Ireland expansion is expected to reach 309,000 Irish SMEs. Leonardo Poggiali is co-founder and CEO and has highlighted the strong market fit with SME customers. Ooodles offers device-leasing services that provide high-end laptops, phones and similar hardware to small businesses and enterprises via a monthly, Pay-As-You-Go subscription model. The company was founded in 2021 by Leonardo Poggiali, a veteran of Sony Mobile and Jawbone. It targets a relatively underserved segment of the market where options beyond small IT service firms are limited. Ooodles recently raised $12 million to scale up its device-leasing services, signaling early investor interest in the space. The raise positions the company to expand its operations in the UK market and grow its customer base. The business also frames leasing as a climate-positive alternative given global e-waste challenges highlighted by the UN.

Total raised

$15M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2024