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 Technologies Ltd is a provider of vehicle data that operates a comprehensive platform designed to connect original equipment manufacturers (OEMs), fleets, and service providers. The Otonomo Vehicle Data Platform facilitates the secure ingestion of over 4 billion data points daily from more than 40 million vehicles, transforming this data to enhance the in-and-around car experience. The platform serves as a neutral intermediary, offering secure access to a wide array of data attributes that provide insights into driver behavior, vehicle health, and traffic conditions. Otonomo's focus on privacy by design ensures compliance with regulations such as GDPR and CCPA. Its solutions support various applications, including emergency services, electric vehicle management, predictive maintenance, and smart city initiatives. The company has a global presence, operating in regions such as APAC and the USA, while generating significant revenue from the EMEA region.
CityMaaS
Pre Seed Round in 2020
CityMaaS Ltd. develops a mobility application called CityMaaS Assist, designed to offer personalized travel assistance for individuals with disabilities. The application provides a comprehensive end-to-end service, encompassing route discovery, essential information, and the ability to book and pay for door-to-door journeys in urban environments. Utilizing a self-adapting user interface that caters to different types of disabilities, the platform employs machine learning algorithms to analyze and learn users' travel behaviors, thereby optimizing travel options in real time. Additionally, CityMaaS offers the CityMaaS Optimised Dynamic Interface Engine, a software-as-a-service platform aimed at enhancing user interaction with applications. Founded in 2018 and based in Bromley, United Kingdom, CityMaaS focuses on enabling safe and independent travel for disabled individuals.
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.
Payless Car Rental System
Acquisition in 2013
Payless Car Rental, founded in 1971 in Spokane, Washington, is a car rental service that caters to price-conscious leisure and business travelers. The company operates approximately 120 rental locations across the United States, Canada, Europe, and South America, with many situated in major airports. Payless offers a diverse fleet, including economy, compact, intermediate, standard, and SUV vehicles. It employs a hybrid operational model, combining corporately managed locations with those run by franchisees, to enhance service accessibility and affordability. As a subsidiary of Avis Budget Group, Payless Car Rental continues to focus on providing economical rental options to meet the needs of its customers.
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 prominent car rental service based in Auckland, New Zealand. Originating from humble beginnings in Christchurch, it has grown to become the largest homegrown car rental company in the country. Apex Car Rentals focuses on delivering exceptional customer service while respecting the diverse cultures of its clientele. The company offers a range of vehicle hiring and booking services, emphasizing a commitment to quality and the unique values associated with New Zealand's culture.
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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