Avis Budget Group - About the company
Avis Budget Group is a public company based in Parsippany Troy Hills (United States), founded in 1946. It operates as a Provider of car & truck rental services. Avis Budget Group has raised an undisclosed amount in funding.
Company Details
Provider of car & truck rental services. The budget includes both budget car & truck rental services. Budget cars are rented on an hourly basis while the budget trucks operate as a one-way rental business. Zipcars are rented for a minimum of an hour or a maximum of 7 days. Claims to work in 180 countries with 11,000 rental locations. In 2022, the company recorded annual revenues of $11.99B and a net profit of $2.76B.
- Website
- Social
- Email ID
- @avisbudget.com
Key Metrics
Founded Year
1946
Location
Parsippany Troy Hills, United States
Stage
Public
Latest Funding Round
Annual Revenue
as on Dec 31, 2022
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
&
Similar Companies
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Exit Details
Public
Legal entities associated with Avis Budget Group
Avis Budget Group is associated with 3 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Sep 02, 2020 | - | 230 | 524 | |
Jul 31, 1974 | $12B (as on Dec 31, 2022) | 993 | 832 | |
- | 955 | 319 |
Avis Budget Group's funding and investors
Avis Budget Group has raised funding over 1 round.
Here is the list of recent funding rounds of Avis Budget Group:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Oct 04, 2018 | $404M | Conventional Debt | 9151656 | 2588911 | - |
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Avis Budget Group's founders and board of directors
Avis Budget Group's employee count trend
Avis Budget Group has 3,067 employees as of Dec 22. The total employee count is 19.4% more than what it was in Dec 21. Here is Avis Budget Group's employee count trend over the years:
Uncover Avis Budget Group's growth story! Sign up today!Avis Budget Group's Investments and acquisitions
Avis Budget Group has not made any investments yet. Avis Budget Group has made 9 acquisitions. Here is the list of latest three acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 25, 2023 | Acquisition |  | 2011 | Newbridge, |
Oct 03, 2018 | Acquisition | - | ||
Nov 21, 2017 | Acquisition | | - |
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Reports related to Avis Budget Group
Here is the latest report on Avis Budget Group's sector:
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News related to Avis Budget Group
Media has covered Avis Budget Group for a total of 32 events in the last 1 year, 14 of them have been about company updates and 2 about partnerships.
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Benzinga鈥�May 01, 2025鈥�Avis Budget Group,
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Benzinga鈥�May 01, 2025鈥�Avis Budget Group,
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MarketBeat鈥�Apr 14, 2025鈥�Avis Budget Group
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MarketBeat鈥�Apr 09, 2025鈥�Avis Budget Group,
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MarketBeat鈥�Apr 07, 2025鈥�Avis Budget Group
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Financial Post鈥�Mar 28, 2025鈥�, Avis Budget Group
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REBusinessOnline鈥�Mar 13, 2025鈥�Avis Budget Group,
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PR Newswire鈥�Mar 04, 2025鈥�Avis Budget Group,
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