About Addison Lee
Addison Lee is a company based in London (United Kingdom) founded in 1975 was acquired by CityFleet in October 2024. It operates as a On-Demand Services, and Managed Services. Addison Lee has completed 12 acquisitions, including CityFleet, Climatecars and ComCab. Addison Lee offers products and services including Standard Car Service, Executive Car Service, Courier Service, and Black Taxi Service.
- Headquarter London, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Addison Lee Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
The Carlyle Group
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
CityFleet
& 11 more
- Acquired by
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Products & Services of Addison Lee
Addison Lee offers a comprehensive portfolio of products and services, including Standard Car Service, Executive Car Service, Courier Service, and Black Taxi Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Everyday car service for London and airport transfers.
Premium cars provided for business and airport travel.
Same-day courier services offered across London area.
Largest black taxi fleet operating in London.
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Funding Insights of Addison Lee
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Grant - Addison Lee | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Addison Lee
Addison Lee has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include The Carlyle Group, CityFleet and Liam Griffin. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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MBU Capital is engaged in investment management across multiple sectors.
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Founded Year | Domain | Location | |
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Alternative investment management focusing on real estate, corporate credit, and equity strategies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Addison Lee
Addison Lee has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include CityFleet, Climatecars and ComCab. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Car rental services are provided by Tandem Technologies.
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2016 | ||||
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Taxi booking and sharing app for students
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2012 | ||||
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Western Canadian oil and gas exploration and production company
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Addison Lee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Addison Lee Comparisons
Competitors of Addison Lee
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Addison Lee
Frequently Asked Questions about Addison Lee
When was Addison Lee founded?
Addison Lee was founded in 1975 and raised its 1st funding round 43 years after it was founded.
Where is Addison Lee located?
Addison Lee is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Addison Lee?
Liam Griffin is the current CEO of Addison Lee.
What does Addison Lee do?
Addison Lee is recognized as a leading provider of private hire and premium transport services in London. Services offered include airport transfers, executive car hires, black taxi fleets, and same-day courier solutions. The company caters to both personal and business travel needs across the capital, ensuring reliability with a focus on comfort and style. A growing fleet of zero-emission and electric vehicles is maintained to support sustainability goals. Corporate accounts are managed with centralized booking and priority services for seamless travel management.
What products or services does Addison Lee offer?
Addison Lee offers Standard Car Service, Executive Car Service, Courier Service, and Black Taxi Service.
How many acquisitions has Addison Lee made?
Addison Lee has made 12 acquisitions, including CityFleet, Climatecars, and ComCab.
Who are Addison Lee's investors?
Addison Lee has 5 investors. Key investors include The Carlyle Group, CityFleet, Liam Griffin, Cheyne Capital, and MBU Capital.
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