Drivy

Transportation ServicesSeries CParis, France

Latest round

Series C

Last raised

Apr 2016

Total raised

$43M

Investors

6

About Drivy

Drivy SAS, founded in 2010, is based in Paris, France, and operates a peer-to-peer car sharing service. The company was acquired by Getaround, Inc. in April 2019 for USD 300 mn. The acquisition marks a pivotal change in its operational strategy, integrating Drivy's services into Getaround's broader platform.Drivy offers a comprehensive platform for car-sharing, allowing users to unlock vehicles via a mobile app. Featuring a fleet of over 60,000 vehicles, including sedans and SUVs, it caters to diverse rental needs across more than 300 cities in Europe, including France, Germany, Spain, and Belgium.Drivy generates revenue through a transaction-based model where users pay hourly or daily rates starting from EUR 25 per day. Vehicle owners can earn between EUR 330 and EUR 420 per month by renting their cars through the platform, with revenue primarily coming from commissions on rental bookings.Looking ahead, Drivy aims to expand its service offerings and geographic reach. With the recent acquisition by Getaround, the company plans to leverage the USD 300 mn investment to enhance its platform and technology. Specific markets for future expansion are not detailed, but the integration with Getaround suggests a strategy focused on scalable growth in major European cities. Future product launches are expected but have not been specified.

Who invested in Drivy

6 investors across 2 rounds

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Funding rounds

  1. Series C

    Apr 27, 2016

    Amount

    $35M

    Investors

    Locked

  2. Series A

    May 5, 2014

    Amount

    $8.3M

    Investors

    Locked

Questions about Drivy

Who invested in Drivy?

Drivy has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Drivy raised?

Drivy has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Drivy last raise money?

Drivy's most recent round on record is a Series C, in Apr 2016.

What does Drivy do?

Drivy SAS, founded in 2010, is based in Paris, France, and operates a peer-to-peer car sharing service.

Where is Drivy headquartered?

Drivy is headquartered in Paris, France.

Which VCs invest in companies like Drivy?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back transportation services companies at Drivy's stage. Their profiles are linked below.

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