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

Related Content

  • May 25, 2022
    Cubic’s holistic view of traffic management
    How can cities and transit agencies ease congested roadways? Andy Taylor of Cubic Transportation Systems suggests it would help to take a more holistic view of the problem
    Read More
  • October 15, 2018
    ReachNow’s car-sharing and ride-hailing app
    BMW subsidiary ReachNow has integrated car sharing and ride hailing within its app in a bid to provide members in Seattle with an alternative to car ownership. The app allows users to access the company’s free-floating car-sharing service ‘Drive’ and its ‘Ride’ ride-hailing option. For Drive, members can choose from a fleet of BMW, BMW I and Mini vehicles while paying by the minute, hour or day. Meanwhile, Ride offers a choice between an immediate, on-demand service or a scheduled pick-up from 20 minutes
    Read More
  • February 3, 2012
    Cooperative infrastructure systems waiting for the go ahead
    Despite much research and technological promise, progress towards cooperative infrastructure system deployment is still slow. Here, Robert Cone and John Miles take a considered look at how and when it might come about. From a systems engineering viewpoint it looks logical and inevitable that vehicles should be communicating between themselves and with the road infrastructure. But seen from a business viewpoint the case is not proven.
    Read More
  • October 10, 2018
    The search for travel management's Holy Grail
    Combining accurate network estimates and forecasts with real-time information is the way to deal with traffic hot spots. Alan Dron looks at products which aim to achieve just that. Traffic management authorities have for years been trying to get ahead of the game. Instead of reacting to situations, they want to be able to head them off as they occur – or even before they happen. Finding that Holy Grail of successfully anticipating problems will save time, tension and tempers on city streets. Two new system
    Read More

Highlighted Content