London, 26 September 2018
BRM (Bike Rental Manager) the world’s leading bike and ski rental platform, has secured
investment in a recent funding round. BRM is profitable, cash generative, growing fast and has
processed more than half a million rentals with customers in over 20 countries.
The funds will be used to accelerate BRM’s product development and growth, and to maintain
the high level of customer service the company has become known for.
James Appleby commented: “BRM is a phenomenal company with an incredible track record
and even better prospects. I knew immediately that I wanted to invest and help steer the
company forward. I am delighted to join this talented multinational team, who have already
achieved amazing things.”
Doug Stoddart, BRM CEO, commented: “Our investors, James Appleby and Duncan Grierson
bring a wealth of business and investment experience to help guide our successful growth, and
to that aim I am delighted to announce that James Appleby has been appointed our company
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