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Vehicles and Transport

Book My Garage

Status: Funded

Nov 11th 2016 - Dec 16th 2016

Book My Garage has been launched to help the independent garage market in winning the online race by giving them all the tools to keep their business profitable, win new customers and to keep their diary full.

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Funding progress



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BMM Networks is a company specialising in providing electric vehicle charging solutions throughout the UK. Currently, there are about 250,000 electric vehicles (EV) in the UK, with the hope that it will increase to 1 million by 2022. But this transition requires dependable and safe On-Street and Workplace charging stations. The UK Government, through the Office for Low Emission Vehicles (OLEV), has dedicated over £900 million of funding to expanding EV usage, of which £500 million is in scope for the BMM charging point business model. With the help of its delivery partner, BMM Energy Solutions Limited, BMM Networks has engaged with several local authorities to develop charging solutions. The company is one of the 10 approved framework providers for OLEV funded projects. Within this setup, OLEV will fund 75% of the installation cost or £5,000 for each charging point, leaving BMM to fund the balance of £1,250 per charger. This will enhance the coverage of charging points thereby boosting EV sales. The company is seeking £1.375 million of equity funding to boost its brand identity and business opportunities.

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pledged: 0% days to go: TBC investment: Withheld

  • £662,433
    pledged
  • 110%
    of goal

    £600,010
    target

    £4,800,620
    pre-money valuation

    11.11%
    equity available

    203
    investors

    £3,263
    pledge per investor

    08339147
    company number

    Active
    company status

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    11 Nov 16 Seedrs £662,433 / 110%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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