Signal active
Investment Firm
Overview
Hertz is the largest worldwide airport general use car rental company with more than 1,700 airport locations in the U.S. and more than 1,300 airport locations internationally.
Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi, and unique vehicles offered through the Adrenaline, Dream, Family, Fun, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program.
The company also owns Hertz Equipment Rental Corporation (HERC), one of the largest equipment rental businesses with more than 355 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors.
Highlights
1918
Transportation
10001+
2
2
1
Early Stage Venture
N/A
Location
Naples, Florida, United States, North America
Contact Information
Social
Profile Resume
Hertz, established in 1918 and headquartered in United States, North America., specializes in Early Stage Venture investments across Transportation, Logistics, Parking, Financial Services, Venture Capital, Finance, Information Technology, Internet, Travel, Rental. The organization boasts a portfolio of 2 investments, with an average round size of $34.5M and 1 successful exits. Their recent investments include Luxe, Redpoint, Venrock, UFODRIVE, Pario Ventures. The highest investment round they participated in was $3.3B. Among their most notable exits are Luxe and Redpoint. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Employees
Investment portfolio
2
0
2
1
Investments
2
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Apr 07, 2016 | Luxe | Transportation | 50.0M |
Feb 15, 2022 | UFODRIVE | Information Technology | 19.0M |
Exits
1
Funding Timeline
2
0
0
Funding Rounds
2
Hertz has raised 2 rounds. Their latest funding was raised on Feb 15, 2022 from a Series A - UFODRIVE round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Apr 07, 2016 | Series B - Luxe | - | 50.0M | - |
Feb 15, 2022 | Series A - UFODRIVE | - | 19.0M | - |
Investors
1
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
- | No | Post-IPO Debt - Hertz | 1000.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
News
Sep 19, 2024
bloomberglaw.com - Hertz Ruling Keeps ‘Make-Whole’ Fee Focus on Solvent Debtors (1)
News
Sep 19, 2024
PRNewswire - Hertz Announces Lauren Fritts as Senior Vice President and Chief Communications Officer
News
Aug 30, 2024
The Motley Fool - Down 90.6%, Is Hertz Global Worth Buying?
News
Aug 27, 2024
SeekingAlpha - Hertz names former Home Depot CEO as director
News
Aug 27, 2024
PRNewswire - Hertz Further Strengthens Board with 2 New Members
News
Aug 02, 2024
Fortune - Buying 100,000 Teslas continues to haunt Hertz