Avis

Avis Budget Group, Inc., established in 1946, is a global provider of vehicle rental services. It operates through two primary brands: Avis, catering to premium commercial and leisure travel segments, and Budget, targeting value-conscious customers. The company maintains a presence in over 165 countries, with approximately 5,200 locations worldwide. Avis Budget Group also offers ancillary services such as optional insurance products, roadside assistance, and car-sharing through its Zipcar brand. It operates in three main segments: North America, International, and Truck Rental. The company's largest revenue-generating region is the Americas.

Valerie Egen

Director, Customer Service

Bernardo Hees

Member of Executive Committee and Chairman

Izzy Martins

EVP and CFO

Jagdeep Pahwa

Vice Chairman and Board Member

Veresh Sita

Executive Vice President and Executive

Martyn Smith

CFO

11 past transactions

Crispify

Pre Seed Round in 2021
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. operates a cloud-based marketplace that connects cars to services and applications, facilitating the collection and delivery of vehicle data for enhanced safety and in-car experiences. The company, founded in 2015 and headquartered in Herzliya, Israel, with offices in Redwood City, California, and Frankfurt, Germany, securely processes over 4 billion data points daily from more than 40 million vehicles. Otonomo's platform enables original equipment manufacturers (OEMs), fleet operators, and over 100 service providers to access and utilize this data, accelerating the development of new services that improve driver experiences and support smart city initiatives. The company prioritizes privacy and neutrality, ensuring compliance with global data protection regulations.

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 car-sharing company founded in 2000, offering hourly or daily automobile rentals to its members via an online platform or mobile app. Members can reserve self-service vehicles located in designated parking spaces across various neighborhoods, cities, airports, and campuses worldwide. The company facilitates this service through in-car technology that reports vehicle positions to a central control center. As of 2010, Zipcar had expanded to over 50 cities globally, with a fleet of approximately 6,000 vehicles shared among hundreds of thousands of drivers.

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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