About Fox Rent A Car
Fox Rent A Car is a company based in Kenner (United States) founded in 1989 by Allen Rezapour and Mike Jaberi was acquired by Europcar Mobility Group in August 2019.. Fox Rent A Car has raised $25 million across 2 funding rounds from investors including Bank of America, Kemper and Europcar Mobility Group. The company has 760 employees as of December 31, 2022. Fox Rent A Car has completed 1 acquisition, including JustShareIt. Fox Rent A Car offers products and services including Potatoes and Grain Marketing.
- Headquarter Kenner, United States
- Employees 760 as on 31 Dec, 2022
- Founders Allen Rezapour, Mike Jaberi
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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 Maine Potato Growers, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series B
Jul 20, 2017
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Investors
Bank of America
& 5 more
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Employee Count
760
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Europcar Mobility Group
(Aug 06, 2019)
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Products & Services of Fox Rent A Car
Fox Rent A Car offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing. 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.
Potatoes are farmed and sold for food and industrial uses by the company.
Grains are promoted and distributed from farms by the company.
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Funding Insights of Fox Rent A Car
Fox Rent A Car has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in July 2017. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $25.0M
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First Round
First Round
(02 Dec 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Series B - Fox Rent A Car | Valuation |
investors |
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| Dec, 2014 | Amount | Debt – Conventional - Fox Rent A Car | 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 Fox Rent A Car
Fox Rent A Car has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Bank of America, Kemper and Europcar Mobility Group. 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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Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
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Founded Year | Domain | Location | |
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Debt financing is provided to US venture-backed companies.
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Founded Year | Domain | Location | |
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Life, health, auto, and business insurance services are provided.
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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 Fox Rent A Car
Fox Rent A Car has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include JustShareIt. 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.
|
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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Peer-to-peer car rentals are facilitated through a trusted community marketplace.
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2010 |
| 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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Fox Rent A Car
| 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 |
Fox Rent A Car Comparisons
Competitors of Fox Rent A Car
| 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 Fox Rent A Car
When was Fox Rent A Car founded?
Fox Rent A Car was founded in 1989 and raised its 1st funding round 25 years after it was founded.
Where is Fox Rent A Car located?
Fox Rent A Car is headquartered in Kenner, United States. It is registered at Kenner, Louisiana, United States.
Is Fox Rent A Car a funded company?
Fox Rent A Car is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $345M, raised on Dec 02, 2014.
How many employees does Fox Rent A Car have?
As of Dec 31, 2022, the latest employee count at Fox Rent A Car is 760.
What does Fox Rent A Car do?
Fox Rent A Car was established in 1989 in Kenner, United States, within the car rental sector. Airport-focused rentals are provided exclusively at twenty US airport sites, with a total of 100 locations reported as of 2016. Services are extended through an affiliate model to support broader operations across the country.
What products or services does Fox Rent A Car offer?
Fox Rent A Car offers Potatoes and Grain Marketing.
How many acquisitions has Fox Rent A Car made?
Fox Rent A Car has made 1 acquisition, including JustShareIt.
Who are Fox Rent A Car's investors?
Fox Rent A Car has 6 investors. Key investors include Bank of America, Kemper, Europcar Mobility Group, Star Mountain Capital, and NewSpring Capital.