Avis Budget Group, Inc. is a leading provider of car and truck rental services, catering to both businesses and consumers. The company operates several well-known brands, including Avis, Budget, and Zipcar, with a global presence of approximately 5,500 locations across more than 165 countries. Avis primarily serves the premium segments of the commercial and leisure travel markets, while Budget targets more value-conscious customers. The company also manages a diverse portfolio of ancillary services, such as insurance products, roadside assistance, and vehicle accessories, enhancing the rental experience. Avis Budget Group was founded in 1946 and is headquartered in Parsippany, New Jersey. The company has a strong reputation for innovation and customer loyalty within the car rental industry.
Crispify Ltd is a company based in Herzliya, Israel, specializing in air quality management systems for the automotive industry. Founded in 2018, Crispify designs and manufactures a patent-pending in-cabin air monitoring solution that measures air quality, pollutants, temperature, humidity, and barometric pressure. The system is enhanced by cloud-based artificial intelligence software, allowing users to monitor and control the air quality in real time. Crispify serves a diverse range of clients, including automotive manufacturers, fleet operators, ride-sharing services, and the emerging autonomous vehicle sector. The company's innovative approach aims to improve the mobility experience by ensuring a clean, healthy, and comfortable environment for passengers, thereby enhancing customer satisfaction and safety.
Otonomo Technologies
Series C in 2020
Otonomo is a provider of vehicle data, operating a platform that connects original equipment manufacturers (OEMs), fleets, and various service providers within a robust data ecosystem. The Otonomo Vehicle Data Platform securely ingests over 4 billion data points daily from more than 40 million vehicles, enriching and reshaping this data to facilitate the development of new services that enhance the automotive experience. The platform emphasizes privacy and neutrality, ensuring compliance with regulations such as GDPR and CCPA. It functions as a neutral intermediary, offering secure access to a wide range of data attributes that provide insights into driver behavior, vehicle health, and traffic conditions. Otonomo's solutions support diverse use cases, including emergency services, mapping, electric vehicle management, subscription services, parking, predictive maintenance, insurance, media, and smart city initiatives. The company operates primarily in the APAC and U.S. markets, generating significant revenue from the EMEA region.
Crispify
Pre Seed Round in 2019
Crispify Ltd is a company based in Herzliya, Israel, specializing in air quality management systems for the automotive industry. Founded in 2018, Crispify designs and manufactures a patent-pending in-cabin air monitoring solution that measures air quality, pollutants, temperature, humidity, and barometric pressure. The system is enhanced by cloud-based artificial intelligence software, allowing users to monitor and control the air quality in real time. Crispify serves a diverse range of clients, including automotive manufacturers, fleet operators, ride-sharing services, and the emerging autonomous vehicle sector. The company's innovative approach aims to improve the mobility experience by ensuring a clean, healthy, and comfortable environment for passengers, thereby enhancing customer satisfaction and safety.
France Cars
Acquisition in 2016
France Cars is a privately-held vehicle rental company located in France, specializing in renting a diverse range of vehicles to both individuals and businesses. The company provides options that include electric vehicles, minivans, buses, luxury-class vehicles, and utility vehicles, catering to various travel needs for personal and professional purposes. With a focus on flexibility and a wide selection, France Cars aims to meet the transportation demands of its customers across the country.
Maggiore Group
Acquisition in 2015
Maggiore, a family-owned business rooted in a passion for automobiles, was founded in 1947 by Vittorio Maggiore and his sons, Giuseppe and Francesco. This enterprise emerged as Italy's first self-drive car rental company, capitalizing on the growing demand for car rentals in the post-war era. Over the years, Maggiore has expanded its offerings to include not only car rentals but also van rentals and electric vehicles, positioning itself as a versatile provider in the automobile industry. The company's enduring legacy is reflected in its commitment to innovation and customer service, continuing to thrive in the competitive car rental sector.
Zipcar
Acquisition in 2013
Zipcar is a membership-based car-sharing company that offers self-service automobile rentals to its members, allowing them to reserve vehicles by the hour or day. Founded in 2000 in Cambridge, Massachusetts, Zipcar enables users to access vehicles through its website or mobile app, providing flexibility and convenience. The company's fleet, which includes 6,000 vehicles, is available in various locations, including 49 U.S. cities, as well as in Vancouver, Toronto, and London, making it the world's largest car-sharing service. Members benefit from the ability to rent cars parked in designated spaces within their neighborhoods, facilitating on-demand access to vehicles. In its efforts to expand, Zipcar merged with Flexcar in 2007 and acquired London-based Streetcar in 2010. Through its innovative approach, Zipcar aims to enhance urban living by providing a practical alternative to traditional car ownership and daily rentals.
Apex Car Rentals
Acquisition in 2012
Apex Car Rentals is a New Zealand success story that has developed from its small beginnings in Christchurch to become the country’s largest home grown car rental company. The brand has been built around doing things ‘the Kiwi way’ and providing customers with exceptional service and respecting the different cultures we work with every day.
Avis Europe
Acquisition in 2011
Avis Europe Plc operates vehicle rentals.
Orbitz Worldwide
Acquisition in 2004
Orbitz Worldwide, Inc. is an online travel company that facilitates leisure and business travelers in researching, planning, and booking various travel products and services worldwide. Founded in 2000 and headquartered in Chicago, it offers a comprehensive range of options, including hotels, flights, vacation packages, car rentals, cruises, travel insurance, and event tickets. The company operates under several brands, such as Orbitz, CheapTickets in the United States, ebookers in Europe, and HotelClub in the Asia Pacific. Additionally, Orbitz provides travel management services and private label solutions to various partners. Originally formed by a consortium of major U.S. airlines, Orbitz has evolved to leverage innovative technology to transform the travel booking experience for consumers globally. As of 2015, it operates as a subsidiary of Expedia Inc.
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