About Nationwide Hire
Nationwide Hire is a company based in Hertford (United Kingdom) founded in 1995.. Nationwide Hire has raised $18.96 million across 2 funding rounds from investors including European Union and Livingbridge. The company has 13 employees as of December 31, 2020. Nationwide Hire offers products and services including Car Hire, Van Hire, Truck Hire, and Campervan Hire. Nationwide Hire operates in a competitive market with competitors including TIER, GoVirtuo, Nexus Vehicle Rental, Co Wheels Car Club and Streetcar, among others.
- Headquarter Hertford, United Kingdom
- Employees 13 as on 31 Dec, 2020
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Sectors
Travel & HospitalityTransportation, 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 Nationwide Hire 4U Limited
- Date of Incorporation 14 May, 2009
- Jurisdiction CHELMSFORD, ESSEX, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.96 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
European Union
& 1 more
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Employee Count
13
as on Dec 31, 2020
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Products & Services of Nationwide Hire
Nationwide Hire offers a comprehensive portfolio of products and services, including Car Hire, Van Hire, Truck Hire, and Campervan Hire. 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.
Service for hiring cars with free delivery and collection.
Offers van rentals for transport needs with unlimited mileage.
Provides truck hiring for commercial purposes across the UK.
Facilitates campervan rentals for leisure travel and trips.
Funding Insights of Nationwide Hire
Nationwide Hire has successfully raised a total of $18.96M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(14 Oct 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Grant - Nationwide Hire | Valuation |
investors |
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| Oct, 2019 | Amount | Private Equity Round - Nationwide Hire | Valuation | Livingbridge |
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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 Nationwide Hire
Nationwide Hire has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Livingbridge. 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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Livingbridge is engaged in mid-market private equity investments.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Nationwide Hire
| 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 |
Financial Statements - Nationwide Hire
| 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 |
Nationwide Hire Comparisons
Competitors of Nationwide Hire
Nationwide Hire 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 TIER, GoVirtuo, Nexus Vehicle Rental, Co Wheels Car Club and Streetcar, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric kick-scooters are rented through a mobile app platform.
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| domain | founded_year | HQ Location |
App-based self-drive car rental company
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| domain | founded_year | HQ Location |
Vehicle rentals and aftersales services are offered in the UK.
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| domain | founded_year | HQ Location |
Community based online car rental marketplace
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| domain | founded_year | HQ Location |
B2C car rental company
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| 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 Nationwide Hire
Frequently Asked Questions about Nationwide Hire
When was Nationwide Hire founded?
Nationwide Hire was founded in 1995 and raised its 1st funding round 24 years after it was founded.
Where is Nationwide Hire located?
Nationwide Hire is headquartered in Hertford, United Kingdom. It is registered at Hertford, Hertfordshire, United Kingdom.
Is Nationwide Hire a funded company?
Nationwide Hire is a funded company, having raised a total of $18.96M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $18.96M, raised on Oct 14, 2019.
How many employees does Nationwide Hire have?
As of Dec 31, 2020, the latest employee count at Nationwide Hire is 13.
What does Nationwide Hire do?
Nationwide Hire was founded in 1995 in Hertford, United Kingdom, within the car rental sector. Vehicles including cars, vans, minibuses, and trucks are provided for self-drive hire through an online platform, where users select pickup and drop-off locations along with timing details for bookings. B2B options for vehicle hire are extended to other car rental companies, supporting broader operational needs in the UK market.
Who are the top competitors of Nationwide Hire?
Nationwide Hire's top competitors include TIER, GoVirtuo and Nexus Vehicle Rental.
What products or services does Nationwide Hire offer?
Nationwide Hire offers Car Hire, Van Hire, Truck Hire, and Campervan Hire.
Who are Nationwide Hire's investors?
Nationwide Hire has 2 investors. Key investors include European Union, and Livingbridge.
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