# ClickLease

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clicklease

- Industry: Financial Services
- Headquarters: West Valley City, US
- Website: www.clicklease.com
- Total disclosed funding: $63M
- Latest round: Series A (Aug 31, 2021)
- Investors on record: 1

## About

ClickLease, LLC is a financial services company that specializes in equipment leasing for small businesses, providing flexible solutions that streamline access to essential machinery and tools without substantial upfront costs.ClickLease, LLC, founded in 2018, operates from West Valley City, US, offering equipment leasing solutions tailored for small enterprises. The company, led by CEO Bart Longson, has raised USD 63.00 mn through a Series A round in August 2021, primarily from Sandlot Partners, marking its second significant investment deal.ClickLease specializes in equipment leasing aimed at small businesses, offering a streamlined process for acquiring essential tools and machinery. The company's primary service revolves around flexible leasing options for various equipment, allowing businesses to secure necessary assets without the upfront costs associated with purchasing. Their platform is designed to facilitate quick applications and rapid funding decisions, with an emphasis on user experience and customer support. ClickLease serves a diverse clientele, including small business owners across various industries such as healthcare, construction, and technology, facilitating the acquisition of equipment critical for their operational needs. The services are available in multiple geographical markets across the United States, catering to businesses seeking efficient financing solutions to enhance productivity and growth.ClickLease operates on a transaction-based revenue model, primarily through equipment leasing agreements with small businesses. Customers typically engage in a straightforward leasing process where they apply for financing for specific equipment, receive automated decisions, and secure their leases rapidly. The company offers various pricing plans based on the type and value of the equipment leased, with monthly payment structures designed to accommodate different budgetary needs. For instance, equipment ranging from USD 4,499 to USD 8,799 could entail monthly payments as low as USD 156 to USD 300, providing accessible financing options tailored to small business customers. This transactional structure fosters ongoing relationships with clients, as businesses return to ClickLease for future equipment needs, reinforcing its position as a trusted partner in the small business community.In August 2021, ClickLease, LLC raised USD 63.00 mn in Series A funding led by Sandlot Partners. The company plans to utilize this funding to accelerate investment in technology, expand its team, and improve its products, enhancing the overall experience for customers and equipment selling partners. There are indications of upcoming new product launches aimed at further streamlining leasing processes, although specific release dates have not been disclosed. ClickLease is also targeting expansion into additional markets across the United States, with specific regions identified for growth to be announced in the coming months.

## Funding rounds

- Series A, Aug 31, 2021, $63M — Sandlot Partners

## Investors

- Sandlot Partners (https://capitalatlas.ai/funds/sandlot-partners) — Series A