“Whenever we do anything – whether it’s technology or a new business model – we have to measure the customer service impact.”
Chrissy Taylor, President and Chief Executive Officer – Enterprise Holdings
Enterprise Holdings’ acquisition and corporate venture-capital strategy continues to focus not only on accelerating industry-leading transportation solutions, but also enhancing customer satisfaction in a rapidly changing marketplace.
In 2007, Enterprise purchased the National and Alamo brands – its largest acquisition to date – and significantly increased its airport presence and global travel industry leadership.
Since then, Enterprise has spent more than $3 billion making acquisitions and corporate-venture capital investments or commitments in the U.S., Canada, the U.K., France, Ireland, Spain, Brazil and China.
Acquisitions include car rental companies, carshare operations, vanpooling, technology platforms and franchises. For example, in 2019, Enterprise Holdings acquired San Francisco-based Deem – an innovative managed-travel technology platform that includes Deem Work Fource and Deem Ground Work, a suite of online booking and travel technology products for business travelers, travel managers, travel-management companies and suppliers.
Enterprise Holdings Ventures
"We value the expertise a strategic investor brings to our business and have had a fantastic experience working with Enterprise Holdings’ venture fund over the last two years (since our Series A round). We [are] excited for Enterprise Holdings to make an additional investment as both share our long-term strategic vision."
Don Sharp, Chief Executive Officer – Coolfire Solutions, October 2018
Prompted by the digitization of the economy and our industry, we recognized the changing face of transportation and launched a corporate venture capital strategy in 2013. Today, Enterprise Holdings Ventures is primarily centered on mobility, travel technology, fleet management and logistics, customer experience, as well as autonomous and electric vehicle (EV) technology.
Although Enterprise Holdings Ventures targets emerging companies, it explores any opportunity that benefits customers. That’s because our integrated global network offers unique scale, resources and infrastructure – including managing the largest and most diverse privately-owned fleet in the world, with nearly 1.7 million vehicles and more than 9,500 fully staffed neighborhood and airport locations, including franchisee branches, operating worldwide.
Mobileye (Israel) – Leading vision-based advanced driver-assistance systems (invested in 2013; IPO 2014; sold to Intel 2017)
Quanergy (Sunnyvale, Calif.) – Leading autonomous vehicle sensor company (invested Series B in 2016)
Coolfire Solutions (St. Louis, Mo.) – IoT (Internet of Things) and situational-awareness technology platform (invested Series A in 2016; Series B in 2018)
Mobi (Boston, Mass.) – Human-centric real-time routing, assessment and planning (invested Series Seed in 2018)
Migo (Seattle, Wash.) – Multi-modal ground transportation metasearch (invested Series A in 2018)
Deliv (Menlo Park, Calif.) – Leader in same day delivery that powers many of the nation’s top retailers (invested Series C in 2018)
Booster (San Mateo, Calif.) – Same-day fuel delivery service company (invested Series C in 2019)
For deal related inquiries, please contact CVG@ehi.com.
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