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Hertz

Automotive Rental and Sales Dallas, USA ~540 employees
Founded
--
Employees (Est.)
~540
27 leaders known
Total Funding
$5.0B
Funding Rounds
7
Last Funding
2025-09-29

About Hertz

Hertz is a global car rental company dedicated to providing vehicle rental solutions for business trips, vacations, and special events. With over 100 years of experience, Hertz offers a wide selection of vehicles and convenient locations across 145 countries, aiming to help customers reclaim their moments and get on the road faster through exceptional service and loyalty programs like Hertz Gold Plus Rewards.

Products & Services

Car Rentals:Offers a range of cars from economical city vehicles to family-sized models for various travel needs.
Electric Vehicles (EVs):Provides zero-emission sedans for eco-friendly travel with instant torque and stylish design.
SUVs and Minivans:Includes rugged SUVs for road trips and spacious minivans for family and group travel.
Luxury and Sports Cars:Features high-end vehicles from brands like BMW and Mercedes for a premium driving experience.
Trucks and Cargo Vans:Offers moving trucks and vans like Ford Transit and Dodge Ram for relocation and heavy-duty tasks.
Car Sales:Sells certified used cars with flexible financing options through Hertz Car Sales.
Hertz Gold Plus Rewards:A free loyalty program offering perks like skipping the line, earning points for free rentals, and tier upgrades.

Specialties

Car Rental Services Electric Vehicle Rentals Luxury and Sports Car Rentals Truck and Van Rentals Loyalty Programs Used Car Sales

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Exchangeable Senior Notes
T: -
FT: Exchangeable Senior Notes 		A: 425000000
MR: -
FA: $425 million
FAN: 425000000 		D: 2025-09-29
FD: 2025-09-29 		1 investors
2 RT: Debt
T: -
FT: Debt 		A: 375000000
MR: -
FA: 375 million
FAN: 375000000 		D: 2025-09-25
FD: 2025-09-25 		-
3 RT: Debt
T: -
FT: Debt 		A: 250000000
MR: -
FA: $250 million
FAN: 250000000 		D: 2025-09-24
FD: 2025-09-24 		2 investors
4 RT: Debt
T: -
FT: Debt 		A: 1665000000
MR: -
FA: $1.665 Billion
FAN: 1665000000 		D: 2025-05-09
FD: 2025-05-09 		-
5 RT: Debt
T: -
FT: Debt 		A: 500000000
MR: -
FA: $500 million
FAN: 500000000 		D: 2024-12-05
FD: 2024-12-05 		-
6 RT: Debt
T: -
FT: Debt 		A: 1000000000
MR: -
FA: $1 Billion
FAN: 1000000000 		D: 2024-06-21
FD: 2024-06-21 		-
7 RT: Debt
T: -
FT: Debt 		A: 750000000
MR: -
FA: $750 million
FAN: 750000000 		D: 2024-06-20
FD: 2024-06-20 		1 investors
Exchangeable Senior Notes Latest
2025-09-29
$425.0M
1 investor (Pro only)
Debt 2025-09-25
$375.0M
Debt 2025-09-24
$250.0M

View 6 more funding rounds with Pro

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

View 3 more growth metrics with Pro

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Team & Leadership

C

Colin Farmer

Chair of the Board

W

Wayne "Gil" West

Chief Executive Officer and Director

T

Thomas "Tom" Wagner

Vice Chair of the Board

F

Francis "Frank" S. Blake

Director

L

Lucy Clark Dougherty

Director

J

Jennifer Feikin

Director

View 24 more team members with Pro

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Recent News

Hertz Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
hertz.com
Industries
Automotive Rental and Sales
Company Size
~540 employees (est.)
Locations
Dallas, USA
ESTERO, Fla., USA

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