# Avis Budget Group

> Avis Budget Group is a VC fund backing Automotive and Artificial Intelligence. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Parsippany, United States
- Total investments: 4
- Last investment: Jan 2021
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/avis-budget-group
- X (Twitter): http://twitter.com/GoAvisBudget
- Website: http://avisbudgetgroup.com
- Facebook: https://www.facebook.com/avisbudgetgroupcareers

Avis Budget Group is a VC fund in Parsippany focused on Automotive and Artificial Intelligence. Avis Budget Group, Inc. (Avis Budget) operates two brands in the global vehicle rental industry through Avis and Budget. Avis is a rental car supplier positioned to serve the commercial and leisure segments of the travel industry and Budget is a rental car supplier focused primarily on more value-conscious segments of the industry. It operates inthree segments: North America, consisting of its Avis and Budget car rental operations in the United States and its Avis and Budget vehicle rental operations in Canada; International, consisting of its Avis and Budget vehicle rental operations in Europe, the Middle East, Asia, Africa, South America, central America, the Caribbean, Australia and New Zealand, and Truck Rental, consisting of its Budget truck rental operations in the United States. On October 3, 2011, the Company acquired Avis Europe plc. In July 2013, Avis Budget Group Inc acquired Payless Car Rental.`

## Contacts

5 contacts available for Avis Budget Group. Shizune tracks 9 team members at Avis Budget Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/avis-budget-group?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Automotive | 2 | 50% |
| Artificial Intelligence | 2 | 50% |
| Apps | 1 | 25% |
| Mobile | 1 | 25% |
| Internet | 1 | 25% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 2 | 50% |
| Series C | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Israel | 2 | 50% |
| United Kingdom | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ashfaq Patankar | VP Global Procurement | 0 | https://shizune.co/investors/profile/ashfaq-patankar |
| Buddy Altus | Vice President Sales Support & Distribution | 0 | https://shizune.co/investors/profile/buddy-altus |
| Larry De Shon | Chief Executive Officer and Chief Operating Officer | 0 | https://shizune.co/investors/profile/larry-d-de-shon |
| Mark J. Servodidio | President, International | 0 | https://shizune.co/investors/profile/mark-j-servodidio |
| Neal Zamore | Senior Vice President, Global Digital Customer Experience | 0 | https://shizune.co/investors/profile/neal-zamore |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Crispify | Crispify is an innovative air quality monitoring and management system that works to revolutionize the mobility in-cabin user experience.Crispify patent-pending system is a cutting edge in-cabin air quality monitoring and management solution. Powered by cloud AI software, it is designed to offer car manufacturers, fleet operators, ride-sharingservices, and autonomous mobility services the healthiest ride possible and an exceptional user experience in terms of wellness, comfort, and safety. | $750K | Pre-Seed | Jan 25, 2021 |  |
| Otonomo | Otonomo fuels a data ecosystem of OEMs, fleets, and more than 100 service providers. Our platform securely ingests more than 4 billion data points per day globally from over 40 million vehicles licensed on the platform, then reshapes and enriches it, to accelerate time to market for new services that improve the in-and-around the car experience.Privacy by design and neutrality are at the core of our platform, which enables GDPR, CCPA, and other privacy-regulation-compliant solutions using both personal and aggregate data. Use cases include emergency services, mapping, EV management, subscription-based services, parking, predictive maintenance, insurance, media, in-vehicle services, traffic management, and smart city solutions. | $46M | Series C | Apr 30, 2020 |  |
| CityMaaS | CityMaaS provides personalised travel assistance to disabled people via a mobile app and web service. It uses self-adapting UI/UX front end that are functional specifically to the type of disabilities once a user profile is set up, and intelligent algorithm using machine learning at the back end to continuously learn users travel behaviour soas to provide optimal options to users in real time. CityMaaS Assist provides end to end service from discovery, routing and essential information providing to booking and payment of each journey door to door in smart cities. |  | Pre-Seed | Jan 23, 2020 |  |
| Crispify | Crispify is an innovative air quality monitoring and management system that works to revolutionize the mobility in-cabin user experience.Crispify patent-pending system is a cutting edge in-cabin air quality monitoring and management solution. Powered by cloud AI software, it is designed to offer car manufacturers, fleet operators, ride-sharingservices, and autonomous mobility services the healthiest ride possible and an exceptional user experience in terms of wellness, comfort, and safety. |  | Pre-Seed | Dec 01, 2019 |  |

4 of 4 investments shown.

## Co-investors
- [Hatcher+](https://shizune.co/investors/profile/hatcher) — VC Fund, 3 deals together
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund, 2 deals together
- [Connetic Ventures](https://shizune.co/investors/profile/connetic-ventures) — VC Fund, 2 deals together
- [GoAhead Ventures](https://shizune.co/investors/profile/goahead-ventures) — VC Fund, 2 deals together
- [Sente Ventures](https://shizune.co/investors/profile/sente-advisory) — VC Fund, 2 deals together
- [Techstars](https://shizune.co/investors/profile/techstars) — VC Fund, 2 deals together

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## FAQ

### What does Avis Budget Group invest in?

Avis Budget Group invests primarily in Automotive, Artificial Intelligence and Apps startups, most often at Pre-Seed and Series C stage. Most of the 4 investments tracked by Shizune back companies in Israel. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Avis Budget Group?

Public channels for Avis Budget Group include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Avis Budget Group?

The team at Avis Budget Group includes Ashfaq Patankar (VP Global Procurement), Buddy Altus (Vice President Sales Support & Distribution) and Larry De Shon (Chief Executive Officer and Chief Operating Officer), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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