Fox Rent A Car, Inc.

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Fox Rent A Car, Inc. - overview

Established

1989

Location

Los Angeles, CA, US

Primary Industry

Transportation Services

About

Fox Rent A Car, Inc. is a car rental company that offers a diverse fleet of vehicles including economy cars, luxury vehicles, and SUVs to cater to the needs of travelers across various markets. Founded in 1989 and headquartered in Los Angeles, US, Fox Rent A Car provides car rental services focused on flexibility and customer experience. The company has undergone strategic adjustments to enhance service offerings in response to market dynamics.


No details on subsidiaries or parent companies are available. Fox Rent A Car specializes in providing car rental services, offering a diverse fleet that includes economy cars, luxury vehicles, and SUVs. The company's core offerings include daily, one-way, and long-term rentals, addressing transportation challenges for tourists, business travelers, and local residents. Their loyalty program, Fox Rewards, incentivizes repeat customers by allowing them to earn points toward future rentals, contributing to customer retention.


Fox Rent A Car generates revenue primarily through daily and long-term car rental transactions, engaging both consumers and businesses. Customers reserve vehicles online or at rental locations, choosing pricing plans based on duration and vehicle type. Ancillary revenue comes from add-on services such as travel protection and equipment rentals, with pricing adjusted according to market demand and vehicle availability. Fox Rent A Car is focusing on expanding its operations into untapped markets, particularly targeting major cities in the US and internationally by 2025.


Recent funding will be utilized to develop new products and enhance existing services, aiming to improve customer experience and operational efficiency.


Primary Industry

Transportation Services

Sub Industries

Car Hire Services

Website

www.foxrentacar.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Fox Rent A Car, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedFox Rent A Car, Inc.-
Private DebtCompletedFox Rent A Car, Inc.-

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Fox Rent A Car, Inc. - employee data

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