Getaround acquires Drivy in $300m deal

US car-share company Getaround has acquired European competitor Drivy in a $300 million deal, expanding its presence into France, Germany, Spain, Austria, Belgium and the UK. Getaround says the deal allows drivers in Europe to earn money by making their car available to rent on its service. Getaround’s patented technology platform - Getaround Connect - enables users to locate and unlock cars using their smartphone. Meanwhile, Drivy offers a smart unlock function – a connected technology which removes the
April 30, 2019 Read time: 2 mins
US car-share company 8262 Getaround has acquired European competitor Drivy in a $300 million deal, expanding its presence into France, Germany, Spain, Austria, Belgium and the UK.


Getaround says the deal allows drivers in Europe to earn money by making their car available to rent on its service.

Getaround’s patented technology platform - Getaround Connect - enables users to locate and unlock cars using their smartphone. Meanwhile, Drivy offers a smart unlock function – a connected technology which removes the need for renters and owners to meet to pick up car keys.

Paulin Dementhon, Drivy founder and CEO, says: "Car-sharing will replace car ownership in large urban markets, meeting consumer demands for instant and flexible transportation options, while also making cities more liveable by freeing them from idle cars and reducing congestion and pollution in the process.

Dementhon will remain in his role as CEO of Europe, as will Drivy’s executive team, to oversee European operations.

Urban Traffic Control

For more information on companies in this article

Related Content

  • European car importer opts for TomTom Telematics
    September 10, 2015
    One of Europe’s leading car importers has selected the connected car technology of TomTom Telematics to provide its customer with access to real-time information about their vehicles’ status and performance. Pon’s Automobiel Handel will use the TomTom Telematics cloud-based services platform and the company’s mobile app development expertise that draws upon vehicle dashboard information for a national pilot across the Netherlands.
    Read More
  • McCain appoints VP of engineering
    March 5, 2013
    Intelligent transportation systems supplier McCain has appointed Reza Roozitalab to vice president of engineering. A licenced engineer, Roozitalab has worked for McCain for more than eighteen years, leading the engineering and applications teams in Vista, California and Tijuana, Mexico, making his promotion a natural and seamless transition. In his new role, Roozitalab will continue to provide leadership and guidance to the company’s engineering teams, in addition to overseeing the intelligent transportat
    Read More
  • European Parliament test drives fuel cell vehicles
    October 29, 2012
    The 5th Fuel Cell Electric Vehicle Drive ‘n’ Ride event was recently held in Strasbourg, France, under the patronage of Brian Simpson, Member of the European Parliament (MEP) and chair of the European Parliament’s transport and tourism committee, to demonstrate the readiness of fuel cells and hydrogen as a viable route to zero emission transport in Europe.
    Read More
  • ‘Intelligent transportation key technology enabler of smart cities’
    March 13, 2014
    New research by ABI indicates that by 2025, penetration of ITS technologies in smart cities will range from 20 per cent (autonomous vehicles) to 98 per cent (traffic management). With more than two-thirds of the global population expected to live in urban contexts by 2050, the deployment of smart cities technologies and intelligent transportation services in particular, will become key policy areas for local governments. While numerous smart city projects are currently testing or deploying multimodal tr
    Read More

Highlighted Content