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

  • March 16, 2012
    Advances in real time traffic and travel information
    David Crawford admires TomTom’s flying start to 2012. Gobal location and navigation equipment supplier TomTom rang in 2012 with two strategically important announcements. First was the signing of a deal with Korean electronics giant Samsung, representing an important consolidation of its position in the consumer market. Under this agreement, TomTom maps and location content will power the Samsung Wave3 smartphone, launched in autumn 2011. TomTom data will support navigation and search-and-find applications
    Read More
  • May 23, 2017
    Survey finds drivers trust traditional car makers more than tech companies to build AVs
    Research by connected car services and location analytics provider Inrix indicates that consumers are more likely to trust a traditional car maker than a leading technology company when it comes to making autonomous vehicles (AVs).
    Read More
  • October 22, 2018
    The long road to Spanish enlightenment
    Julián Núñez, immediate past president of ASECAP, gets his teeth into the vision of a European strategy for toll roads. David Arminas reports from Madrid. Getting European politicians to agree to a long-term cross-border highway infrastructure programme for toll roads is extremely difficult. It’s a bit like pulling teeth: people want to avoid the pain. But pain is something that Spanish operators, including Abertis, OHL, ACS, FCC and Acciona, have been going through for the past decade. The country has
    Read More
  • November 27, 2017
    Selfdrive.ae launches electric car rental service, Dubai
    SelfDrive.ae (SD) has launched a new segment of all electric cars (E-Cars) to its online fleet of Self Drive car rental service, in Dubai. Through using Smart Mass Mobility Technology, which ties into the country’s Smart City vision of utilizing E-cars for clean energy and safer passenger transportation, it is aimed at local residents, international travellers, expats and corporates. SD has offered Renault Zoe’s All E-Car at an introductory price of 5د.إ (£1.01) an hour with a min billing cycle of 24 hrs
    Read More

Highlighted Content