Hertz Global Says Oro Mobility Secures $80M Equity Investment From Consortium Of Investors Including Cohen Private Ventures, Certares, And Knighthead Capital Affiliates

Hertz Global Holdings, Inc. announced that Oro Mobility has secured an $80 million equity investment from a consortium of investors, including Cohen Private Ventures, Certares, and Knighthead Capital. This investment positions Oro as a standalone growth platform aimed at scaling its operations in driver-led and autonomous mobility. Hertz will maintain majority economic ownership of Oro and will support its growth through operational capabilities, while Oro currently operates approximately 45,000 vehicles across major U.S. mobility markets.