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Key people at Penske.
Penske was founded in 1969 by Roger Penske (Founder&CEO).
Penske Corporation is a diversified, global transportation services company. It operates across various segments, including automotive retail, truck leasing, logistics, and supply chain management. The company provides a comprehensive suite of solutions for vehicle sales, maintenance, and fleet management, serving both commercial and individual needs.
The company was founded by Roger Searle Penske on December 1, 1969. Penske, a successful race car driver and entrepreneur, began by acquiring a small car and light-truck rental and leasing business. This initial venture laid the groundwork for expanding into a broad spectrum of transportation and automotive enterprises.
Penske serves a wide array of customers, from large corporations requiring complex supply chain solutions to individuals needing vehicle rental or purchase. The company's long-term vision centers on continuously enhancing its integrated transportation offerings, striving for operational excellence and customer satisfaction across its diverse portfolio.
Penske was founded in 1969 by Roger Penske (Founder&CEO).
Penske has 2 tracked investments across 1 company. The latest tracked deal is $28.0M Series B in Ridecell in November 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2018 | Ridecell | $28.0M Series B | RAJ Atluru | Bolt, Curie.bio, Element Partners, Haystack, Lakeside Capital, Locus Ventures, Next Play Ventures, Sony Innovation Fund, UpHonest Capital, Aaron Peterman, Adam Pisoni, David Marcus, Russell Fradin, Russ Fradin, Sahin Boydas, Scott Banister, Ally Financial, BNP Paribas, COX Automotive, Denso, Deutsche Bahn, Initialized Capital, Khosla Ventures, LG, Mitsui, Munich RE, Sony |
| May 31, 2018 | Ridecell | $28.6M Series B | David Liniado | Denso, Deutsche Bahn, Initialized Capital, Mitsui |
Key people at Penske.
