Fleetondemand, a Shipley, UK-based fleet and Mobility-as-a-Service company, raised £5m in funding.
BGF made the investment, acquiring a minority stake in Fleetondemand.
The company is using the funds to accelerate engineering and product development and sales strategy in the UK with the pan European launch expected in 2019.
Led by Justin Whitston, CEO, Fleetondemand features an innovative multi-platform which connects thousands of business people to vehicle rental, car leasing, business travel and transportation services globally.
Whitston previously founded Nexus Vehicle Rental in 2000, established the company as the UK’s largest independent broker of vehicle rental to business and was responsible for building and delivering a proprietary SAAS technology solution, prior to exiting to Living Bridge, via a multi-million pound BIMBO.