About Precision Rentals
Precision Rentals is a company based in Chicago (United States) founded in 2023 was acquired by H&E Equipment Services in January 2024. It operates as a On-Demand Services. Precision Rentals offers products and services including Short Term Rentals. Precision Rentals operates in a competitive market with competitors including Caesars, EVA Airways, Four Seasons, VailResorts and Placemakr, among others.
- Headquarter Chicago, United States
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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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
Employee Count
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Acquired by
H&E Equipment Services
(Jan 04, 2024)
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Products & Services of Precision Rentals
Precision Rentals offers a comprehensive portfolio of products and services, including Short Term Rentals. 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.
Short term rentals are provided with hotel-style amenities.
Funding Insights of Precision Rentals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Precision Rentals
Precision Rentals has secured backing from 1 investor. Prominent investors backing the company include H&E Equipment Services. 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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Heavy equipment is rented and sold by the firm.
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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 Precision Rentals
| 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 - Precision Rentals
| 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 |
Precision Rentals Comparisons
Competitors of Precision Rentals
Precision Rentals 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 Caesars, EVA Airways, Four Seasons, VailResorts and Placemakr, 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 |
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| domain | founded_year | HQ Location |
Casinos and hotels are operated by Caesars Entertainment.
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Passenger airline services are operated by EVA Airways globally.
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Upscale hotels, resorts, and residential properties are operated globally.
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Luxury mountain resorts are owned and operated worldwide.
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Travel agency operations are managed, offering booking and arrangement services.
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| domain | founded_year | HQ Location |
Offering hotels and resorts for vacation, wedding, or business travel
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Precision Rentals
When was Precision Rentals founded?
Precision Rentals was founded in 2023.
Where is Precision Rentals located?
Precision Rentals is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does Precision Rentals do?
Short term rental accommodations are provided by Precision Rentals, focusing on quality, comfort, and choice. Properties are carefully selected in the hospitality sector to meet diverse traveler needs. Hotel-style amenities, fresh linens, high-end bedding, and dedicated workstations are included in each rental. A commitment to customer support and professional cleaning services is maintained to ensure a premium experience for all guests.
Who are the top competitors of Precision Rentals?
Precision Rentals's top competitors include Four Seasons, EVA Airways and Placemakr.
What products or services does Precision Rentals offer?
Precision Rentals offers Short Term Rentals.
Who are Precision Rentals's investors?
Precision Rentals has 1 investor. Key investors include H&E Equipment Services.