Technology

Rental Limo Receives $3.3 Million Valuation

Posted on August 15, 2014

Rental Limo was founded in 2013 by (L to R) CEO Ryan Hilberth, Executive Account Director Brian Gaputis, and CTO Keith Gaputis. 
Rental Limo was founded in 2013 by (L to R) CEO Ryan Hilberth, Executive Account Director Brian Gaputis, and CTO Keith Gaputis. 

ST. PETERSBURG, Fla. — Rental Limo, a nationwide chauffeured transportation booking service and limo technology provider, announced today it raised private capital in exchange for a minority share of equity in the company to the tune of a $3.3 million valuation.

“The initial round of funding we raised for Rental Limo will help us speed up our growth tremendously,” CEO Ryan Hilberth said. “This sends a message to everyone that Rental Limo is here to stay and that there’s plenty more progress and innovation coming soon.”

With the new funding, Rental Limo will be able to grow brand awareness and expand its product offerings to limousine companies. The company will also broaden its geographic focus in the U.S. to service more cities and states nationwide.

Since the company launched in 2013, Rental Limo has grown to provide services to 60 different limo companies across the U.S. The company’s main website, www.rentalimo.com, lets customers browse, compare, and book chauffeured ground transportation and select from a variety of vehicles. Customers can access a mobile version of the site on m.rentalimo.com using smart phones.

Its latest technology release, known as Book.limo, lets limo operators embed the Rental Limo 3-step reservation process directly onto their  company websites in minutes. “Customers love our 3-step booking process,” Hilberth said. “So we decided to extend our technology to limousine operators in order to use a white-label version of the Rental Limo reservation system on their own company website.”

Book.limo is a division of Rental Limo LLC.

Source: Rental Limo

Background LCT feature: Rental Limo Puts Operators First For Online Bookings

View comments or post a comment on this story. (3 Comments)

More News

iCARS, Limos.com Join To Create Global B2B Network

The chauffeured car service links its on/near-demand app with an online ride booker and lead generator, resulting in new opportunities for operators.

How Uber Deploys Data To Get Its Way With Cities

Airbnb and Uber are using information to maintain control of their relationship with local governments. 

It's Time To Realize The Power Of Mobile Marketing

With the new year comes compelling evidence 2017 could be one for the history books when it comes to smartphones and tablets.

How To Stay Ahead Of Mobile Marketing Trends

In 2016, the number of people accessing the Internet through mobile devices worldwide surpassed those using desktops.

Dashcams Monitor Drivers To Help Driverless Vehicles

Nauto's small black device is mounted inside the windshield just above the rear-view mirror.

See More News

Facebook Comments ()

Comments (3)

Post a Comment

Submit

Blogs

See More

See More

See More

See More

LCT Store

LCT Magazine - January 2017 $12.95 THE MONEY ISSUE COVER STORY: * Dashboard Helps Steer Company Finances * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close