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

  • TRL to lead project to encourage wider adoption of plug-in vehicles
    September 11, 2015
    The Energy Technologies Institute (ETI) has appointed TRL, the UK’s Transport Research Laboratory, to lead its Consumers, Vehicles and Energy Integration (CVEI) project. The US$8 million project will examine how the UK energy system needs to adapt in order to accommodate and encourage greater adoption of plug-in hybrid and battery electric vehicles. The project aims to understand the required changes to existing infrastructure, as well as consumer response to a wider introduction of plug-in hybrid and el
    Read More
  • Byton debuts smart intuitive vehicle at CES 2018
    January 8, 2018
    Byton’s new smart intuitive vehicle, which features an all-new design and innovative human-vehicle interaction, has made its global debut at the Consumer Electronics Show 2018. It is designed with the intention of providing a shared, smart mobility and autonomous driving solution and will be available in China next year and in the U.S. and Europe in 2020. The car is equipped with multiple display screens, with a traditional console replaced by a Shared Experience Display that enables content to be shared
    Read More
  • Standalone connected car smartphone launched
    February 21, 2013
    Israeli telecommunications company Accel Telecom has partnered with navigation and traffic app supplier Waze to launch Voyager, which it claims is the first standalone connected car smartphone device that can be easily installed in any car and operates using an existing phone number via a twin-SIM. The company says Voyager is a dedicated connected car smartphone device that provides drivers with a safer and superior connected car experience. The device combines android based smartphone technology with an HS
    Read More
  • ITS World Congress debates perceptions of enforcement
    December 4, 2012
    The technical programme of this year’s ITS World Congress in Vienna includes a special session on the image of enforcement. ITS International examines the scale of the problem and what can be done about it. Debate on the merits and difficulties of enforcing speed limits appears centred on a conflict of principles. Put very simply, local communities, people living close to busy or hazardous roads, want to see traffic speeds calmed. Drivers on those roads, on the whole, want their principle of freedom to be m
    Read More

Highlighted Content