About Budget
Budget is a company based in Parsippany Troy Hills (United States) founded in 1958 was acquired by Avis in August 2002. Budget has raised $350 million across 1 funding round from investors including Avis and Egeria.
- Headquarter Parsippany Troy Hills, United States
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People of Budget
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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 Budget
Budget has successfully raised a total of $350M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $350 million completed in April 2001. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Budget
Budget has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Avis and Egeria.
| Investor | Description | Founded Year | Domain | Location |
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Egeria is focused on long-term value growth through investments.
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Online platform offering car rental services
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Investor details for Budget
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Investments & Acquisitions by Budget
Investment portfolio details for Budget
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Financial Statements - Budget
Detailed financials for Budget
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Budget Comparisons
Peer comparison for Budget
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Competitors of Budget
Detailed competitors of Budget
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Latest news on Budget
Complete news archive for Budget
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Frequently Asked Questions about Budget
Budget was founded in 1958 and raised its 1st funding round 43 years after it was founded.
Budget is headquartered in Parsippany Troy Hills, United States. It is registered at Parsippany Troy Hills, New Jersey, United States.
Budget is a funded company, having raised a total of $350M across 1 funding round to date.
The company was founded in 1958 and is headquartered in Parsippany Troy Hills, United States. Operations focus on the car rental sector, where a range of vehicles is offered for short-term use. Supplementary travel services, including online booking and account management, are facilitated through the domain budget.com. Membership programs with specific benefits are available, subject to terms and conditions. Rentals are managed across various locations to support customer mobility needs.