About United Rentals
United Rentals is a company based in Long Beach (United States) founded in 1997 was acquired by Cerberus Capital Management in August 2007.. The company has 27,900 employees as of December 31, 2024. United Rentals has completed 23 acquisitions, including ABLE Equipment Rental, Ahern Rentals and BakerCorp. United Rentals operates in a competitive market with competitors including EquipmentShare, Sunbelt Rentals, Dozr, BigRentz and Neff Rental, among others.
- Headquarter Long Beach, United States
- Employees 27900 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name United Rentals, Inc.
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Annual Revenue
$15.35 B7.07as on Dec 31, 2024
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Net Profit
$2.58 B6.23as on Dec 31, 2024
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EBITDA
$6.97 B5.05as on Dec 31, 2024
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Latest Funding Round
$750 M (USD), Debt – Conventional
May 15, 2019
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Investors
HHS
& 1 more
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Employee Count
27900
as on Dec 31, 2024
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Investments & Acquisitions
ABLE Equipment Rental
& 22 more
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Acquired by
Cerberus Capital Management
(Aug 01, 2007)
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IPO & Listings of United Rentals
United Rentals is a publicly listed company on the NYSE with ticker symbol URI in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Sales and Marketing
81 people
Operations Team
56 people
Software Development Team
54 people
Leadership Team
51 people
District Team
22 people
Finance and Accounting
19 people
Product Management Team
17 people
Senior Team
11 people
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Funding Insights of United Rentals
- Total Funding Total Funding
- Total Rounds 8
- Last Round Debt – Conventional — $750.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Debt – Conventional - United Rentals | Valuation |
investors |
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| Sep, 2018 | Amount | Debt – Conventional - United Rentals | Valuation |
investors |
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| Aug, 2013 | Amount | Grant - United Rentals | 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 United Rentals
United Rentals has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS and Cerberus Capital Management. 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 and debt firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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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 United Rentals
United Rentals has strategically engaged in corporate development activities, having acquired 23 companies. Notable acquisitions include ABLE Equipment Rental, Ahern Rentals and BakerCorp. 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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Construction and maintenance services are provided for infrastructure projects.
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2016 | ||||
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Manufacturer of industrial welding equipment
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2014 | ||||
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Shoring, propping, and traffic equipment are rented for construction projects.
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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.
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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 - United 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 |
United Rentals Comparisons
Competitors of United Rentals
United 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 EquipmentShare, Sunbelt Rentals, Dozr, BigRentz and Neff Rental, 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 |
Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
Construction and industrial equipment is rented across North America.
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| domain | founded_year | HQ Location |
Online rental platform offering heavy machinery for enterprise
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| domain | founded_year | HQ Location |
Heavy construction equipment is rented via an online marketplace.
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| domain | founded_year | HQ Location |
Construction equipment 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 United Rentals
Frequently Asked Questions about United Rentals
When was United Rentals founded?
United Rentals was founded in 1997 and raised its 1st funding round 1 year after it was founded.
Where is United Rentals located?
United Rentals is headquartered in Long Beach, United States. It is registered at Long Beach, California, United States.
How many employees does United Rentals have?
As of Dec 31, 2024, the latest employee count at United Rentals is 27,900.
What is the annual revenue of United Rentals?
Annual revenue of United Rentals is $15.35B as on Dec 31, 2024.
What does United Rentals do?
United Rentals was founded in 1997 and is headquartered in Long Beach, United States. Operations focus on the equipment rental sector, where heavy machinery including air compressors, tools, earthmoving equipment, forklifts, trucks, and trailers is provided through an online platform. Rental solutions for fleet and tool management are also offered. A mobile application is made available for iOS and Android devices.
Who are the top competitors of United Rentals?
United Rentals's top competitors include EquipmentShare, Sunbelt Rentals and Dozr.
Is United Rentals publicly traded?
Yes, United Rentals is publicly traded on NYSE under the ticker symbol URI.
How many acquisitions has United Rentals made?
United Rentals has made 23 acquisitions, including ABLE Equipment Rental, Ahern Rentals, and BakerCorp.
Who are United Rentals's investors?
United Rentals has 2 investors. Key investors include HHS, and Cerberus Capital Management.
What is United Rentals's ticker symbol?
The ticker symbol of United Rentals is URI on NYSE.
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