Rental Limo Raises Funds, Receives $3.3 Million Valuation

St. Petersburg, FL. — Rental Limo, a leading nationwide chauffeured transportation booking service and limousine technology provider, announced on Aug. 15 that it successfully raised private capital in exchange for a minority share of equity in the company. Rental Limo received a valuation of 3.3 million dollars.

“The initial round of funding we raised for Rental Limo will help us speed up our growth tremendously,” says CEO Ryan Hilberth. “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 this funding, Rental Limo will continue to grow brand awareness using all forms of media as well as expand the product offering of innovative and cost-effective technology solutions to limousine companies. The company will also broaden its geographic focus domestically to provide chauffeured transportation and limo services in more cities and states nationwide.

Since the company’s launch in 2013, Rental Limo has grown to provide limousine services across half the U.S. with more than 60 different limo companies. The company’s main website, rentalimo.com, lets customers easily browse, compare, and book chauffeured ground transportation with a wide variety of vehicles to choose from such as sedans, SUVs, vans, stretch limos, shuttles, party buses, and motorcoaches.

Its latest technology release, known as Book.limo, lets operators embed the Rental Limo 3-step reservation process directly to their site in minutes. “Customers love our 3-step booking process,” says Hilberth. “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.”

Early adapters of the Book.limo technology have already seen great results. “Since switching to Book.limo for online reservations, my company has seen remarkable improvements converting our website visitors on BluMoonLuxury.com,” says Jeremy Brown of Blu Moon Transportation in Tampa, Fla. Tammy Carlisle of Action Limousines in Atlanta adds, “Customers can go on our site and book a reservation in three easy steps without any hassle.”

Visit rentalimo.com for more information.

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