Hertz Subsidiary Oro Mobility Secures $80 Million Strategic Investment

Key Facts

1Hertz Global Holdings announced that its subsidiary Oro Mobility secured an $80 million strategic equity investment.

2The investor consortium includes Cohen Private Ventures, Certares Opportunities, and Knighthead Capital Management.

Hertz Global Holdings announced that its subsidiary Oro Mobility secured an $80 million strategic equity investment. According to a statement on Business Wire, the investor consortium includes Cohen Private Ventures, Certares Opportunities, and Knighthead Capital Management. The investment is intended to provide Oro Mobility with dedicated capital and strategic focus to establish itself as a standalone growth platform.

HTZ closed at $1.84 on October 19, 2026, while COHN closed at $9.66 on the same date. The funding is expected to provide the subsidiary with the necessary talent and resources to accelerate its independent expansion.