About Nexus Vehicle Rental
Nexus Vehicle Rental is a company based in Leeds (United Kingdom) founded in 2000.. Nexus Vehicle Rental offers products and services including Vehicle Hire, Plant Hire, and EV Rental. Nexus Vehicle Rental operates in a competitive market with competitors including TIER, GoVirtuo, Beryl, nextbike and Co Wheels Car Club, among others.
- Headquarter Leeds, United Kingdom
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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
*********
- Legal Name Nexus Vehicle Management Ltd.
- Date of Incorporation 31 Aug, 1999
- Jurisdiction PUDSEY, WEST YORKSHIRE
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Annual Revenue
$234.43 M (USD)17as on Sep 30, 2023
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Net Profit
$22.71 M (USD)49as on Sep 30, 2023
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EBITDA
$24.6 M (USD)49as on Sep 30, 2023
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Latest Funding Round
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Investors
Phoenix Equity Partners
& 2 more
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Employee Count
Employee Count
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Acquired by
& 3 more
(Jul 09, 2024)
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Products & Services of Nexus Vehicle Rental
Nexus Vehicle Rental offers a comprehensive portfolio of products and services, including Vehicle Hire, Plant Hire, and EV Rental. 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.
Platform for renting cars, vans, and HGVs for business needs.
Rental of excavators and tools for construction and site management.
Electric vehicle hire tailored to business sustainability requirements.
Funding Insights of Nexus Vehicle Rental
| 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 Nexus Vehicle Rental
Nexus Vehicle Rental has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Phoenix Equity Partners, Bowmark Capital and Equistone Partners Europe. 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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Private equity investments are focused on UK companies.
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Founded Year | Domain | Location | |
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Private equity investments in services and technology sectors, focusing on growth companies.
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Founded Year | Domain | Location | |
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A mid-market private equity firm based in Europe is operated.
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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 Nexus Vehicle Rental
| 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 - Nexus Vehicle Rental
| 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 |
Nexus Vehicle Rental Comparisons
Competitors of Nexus Vehicle Rental
Nexus Vehicle Rental 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, Beryl, nextbike and Co Wheels Car Club, 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 |
Online platform providing bicycle rental services
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| domain | founded_year | HQ Location |
End-to-end solutions for bicycle sharing
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| domain | founded_year | HQ Location |
Community based online car rental marketplace
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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 Nexus Vehicle Rental
Frequently Asked Questions about Nexus Vehicle Rental
When was Nexus Vehicle Rental founded?
Nexus Vehicle Rental was founded in 2000.
Where is Nexus Vehicle Rental located?
Nexus Vehicle Rental is headquartered in Leeds, United Kingdom. It is registered at Leeds, England, United Kingdom.
Who is the current CEO of Nexus Vehicle Rental?
David Brennan is the current CEO of Nexus Vehicle Rental.
What is the annual revenue of Nexus Vehicle Rental?
Annual revenue of Nexus Vehicle Rental is $234.43M as on Sep 30, 2023.
What does Nexus Vehicle Rental do?
Nexus Vehicle Rental was established in 2000 and is headquartered in Leeds, United Kingdom. A fleet consisting of cars, commercial vehicles, and specialist vehicles is maintained for mobility services. Rental options and aftersales support are extended to consumers and enterprises operating within the UK. Activities are centered on the vehicle rental sector, with nationwide coverage provided.
Who are the top competitors of Nexus Vehicle Rental?
What products or services does Nexus Vehicle Rental offer?
Nexus Vehicle Rental offers Vehicle Hire, Plant Hire, and EV Rental.
Who are Nexus Vehicle Rental's investors?
Nexus Vehicle Rental has 3 investors. Key investors include Phoenix Equity Partners, Bowmark Capital, and Equistone Partners Europe.
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