About CityFleet
CityFleet is a company based in Acton (United Kingdom) founded in 1974 was acquired by Addison Lee in July 2021.. The company has 139 employees as of December 31, 2021. CityFleet has completed 1 acquisition, including Addison Lee.
- Headquarter Acton, United Kingdom
- Employees 139 as on 31 Dec, 2021
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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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- Legal Name Cityfleet Networks 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
- Investors
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Employee Count
139
as on Dec 31, 2021
- Investments & Acquisitions
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Acquired by
Addison Lee
(Jul 01, 2021)
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Funding Insights of CityFleet
| 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 CityFleet
CityFleet has secured backing from 1 investor. Prominent investors backing the company include Addison Lee. 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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Car rental services are provided across the United Kingdom.
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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 CityFleet
CityFleet has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Addison Lee. 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 across the United Kingdom.
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1975 |
| 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 - CityFleet
| 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 |
Cityfleet Comparisons
Competitors of CityFleet
| 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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Frequently Asked Questions about CityFleet
When was CityFleet founded?
CityFleet was founded in 1974.
Where is CityFleet located?
CityFleet is headquartered in Acton, United Kingdom. It is registered at Acton, Greater London, United Kingdom.
Who is the current CEO of CityFleet?
Rudy Tan is the current CEO of CityFleet.
How many employees does CityFleet have?
As of Dec 31, 2021, the latest employee count at CityFleet is 139.
What does CityFleet do?
CityFleet was established in 1974 in Acton, United Kingdom, as an online platform in the transportation sector. Rides are booked by users through details such as location and passenger information. Services encompass corporate transfers and local rides, with features including multiple payment methods and live vehicle tracking. A mobile application is offered for Android and iOS devices to support operations.
How many acquisitions has CityFleet made?
CityFleet has made 1 acquisition, including Addison Lee.
Who are CityFleet's investors?
CityFleet has 1 investor. Key investors include Addison Lee.
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