About Avis
Avis is a company based in Parsippany (United States) founded in 1946 by Warren Edward Avis.. Avis has completed 1 acquisition, including Budget. Avis operates in a competitive market with competitors including Kyte, Zipcar, Lithia Motors, Envoy and AutoCan, among others.
- Headquarter Parsippany, United States
- Founders Warren Edward Avis
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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Sales and Marketing
69 people
Leadership Team
50 people
Software Development Team
48 people
Finance and Accounting
41 people
Operations Team
38 people
Human Resources and Administration
34 people
Senior Team
16 people
District Team
8 people
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Funding Insights of Avis
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $6.1M
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First Round
First Round
(24 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2022 | Amount | Grant - Avis | Valuation |
investors |
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| Jan, 2022 | Amount | Grant - Avis | Valuation |
investors |
| 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 Avis
Avis has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hessen. 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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Government portal offering various online services and information to citizens, businesses, and authorities, providing access to a wide range of topics such as economy, education, healthcare, and more
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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 Avis
Avis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Budget. 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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Provider of car rental services and related travel options
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1958 |
| 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 - Avis
| 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 |
Avis Comparisons
Competitors of Avis
Avis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kyte, Zipcar, Lithia Motors, Envoy and AutoCan, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
App-based car rental platform
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| domain | founded_year | HQ Location |
Hourly vehicle rentals are provided through membership-based car sharing.
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| domain | founded_year | HQ Location |
Dealer of new & used cars
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| domain | founded_year | HQ Location |
Community-based electric car-sharing services are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Multi-location franchised dealerships for automobiles are operated coast to coast.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Avis
Frequently Asked Questions about Avis
When was Avis founded?
Avis was founded in 1946 and raised its 1st funding round 76 years after it was founded.
Where is Avis located?
Avis is headquartered in Parsippany, United States. It is registered at Parsippany, New Jersey, United States.
What does Avis do?
Online platform offering car rental services. The platform enables users to find and book their rides by providing location, travel details, etc. The fleet contains various luxury vehicles, compact cars, etc. It offers features like variant payment options, long-term car rentals, etc.
Who are the top competitors of Avis?
Avis's top competitors include Kyte, Zipcar and Lithia Motors.
How many acquisitions has Avis made?
Avis has made 1 acquisition, including Budget.
Who are Avis's investors?
Avis has 1 investor. Key investors include Hessen.
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