Bike Rental Manager (BRM) has secured investment in a recent funding round.
The bike and ski rental platform 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 a high level of customer service.
Doug Stoddart, BRM CEO, said: “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 chairman.”
Appleby said: “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.”
