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Hertz Corp Forms Joint Venture, Attracts $80.89 Million Investment

PUBLIC · HTZOct 16, 2026

Amount Raised

$80.9 Million

Round Type

Funding Round

EsteroTransportationTravelAutomotiveleisure, travel & tourism

Investors

Knighthead Capital Management LlcCertares Opportunities LLCCohen Private Ventures

Description

On October 16, 2026, Hertz Corporation entered into a joint venture agreement, resulting in an investment of approximately $80.89 million from several investors, including Cohen Private Ventures and Certares Opportunities LLC. The joint venture will enhance Hertz's mobility operations through Oro Mobility Holdings LLC. This follows a series of strategic asset transfers and agreements aimed at expanding their mobility business. The investment signifies strong confidence in Hertz's growth potential in the mobility market.

Quick answer

Hertz Global Holdings raised $80.9 Million in a Funding Round round, dated October 16, 2026. Investors: Knighthead Capital Management Llc, Certares Opportunities LLC and Cohen Private Ventures. Hertz Global Holdings is based in Estero, Florida, United States.

How much did Hertz Global Holdings raise?
Hertz Global Holdings raised $80.9 Million in a Funding Round round on October 16, 2026.
Who invested in Hertz Global Holdings?
Knighthead Capital Management Llc, Certares Opportunities LLC and Cohen Private Ventures are named as investors in this round.
What does Hertz Global Holdings do?
Hertz Global Holdings, Inc. is a leading global rental car company that operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle..
Where is Hertz Global Holdings based and how big is it?
Hertz Global Holdings is based in Estero, Florida, United States. Fundz records about 26,000 employees.
Who are the decision-makers at Hertz Global Holdings?
Fundz holds 2 contacts at Hertz Global Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Travel around the same time

Companies in the same sectors as Hertz Global Holdings that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $400M (Debt Financing) on October 9, 2026.
  • ZoomCar raised $75K (Series A) on October 29, 2026.
  • Samson Sky raised $80M on September 15, 2026.
  • Breeze Airways raised $228M (Debt Financing) on November 5, 2026.
  • Viatik raised $600K (Seed) on November 3, 2026.
  • Nox raised $2.2M (Pre-Seed) on October 28, 2026.

Who to call at Hertz Global Holdings, and when

A new round usually means Hertz Global Holdings is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Hertz Global Holdings raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Hertz Global Holdings, from your own LinkedIn network

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Company Information

Company

Hertz Global Holdings

Location

8501 Williams Road

Estero, Florida, United States

About

Hertz Global Holdings, Inc. is a leading global rental car company that operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. The company also owns and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales.

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Hertz Global Holdings raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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