SAN FRANCISCO– Carsharing pioneer Getaround announced a $300M acquisition of Drivy, the largest and fastest-growing carsharing platform in Europe.
Getaround and Drivy combined now spans 300 cities in the U.S. and Europe, adding international presence in six European countries inlcuding France, Germany, Spain etc.
With more than five million users between the two companies, Getaround is now the world’s leading carsharing marketplace.
Headquartered in Paris, Drivy has quickly built a community of two and a half million users across Europe with an established track record of local market execution and innovation.
Getaround and Drivy share this vision of connected carsharing, as Drivy also introduced an instant smartphone unlock function a connected technology that removes the inconvenience of renters and owners needing to meet up to pick up car keys.
“We are thrilled to be joining forces with the Drivy team as we move closer to our vision of creating a world where all cars are connected and shared,” said Getaround Founder and CEO Sam Zaid.
“Thanks to the remarkable work of our team, Drivy has become the largest carsharing platform in Europe,” said Drivy Founder & CEO Paulin Dementhon.
I look forward to seeing what we can accomplish together”, he added.
Dementhon will remain in his role as the CEO of Europe, as will the broader Drivy executive team, to oversee European operations and to continue growing and evolving market-leading, consumer-facing products and services.