Getaround completed the acquisition of Drivy from NGP Capital for $300m.

Getaround, which provides e-commerce services, completed the acquisition of Drivy, which provides car rental services, for $300m. Expanding on Getaround’s vision of a world where all cars are shared, the combined company now spans 300 cities in the US and Europe, adding international presence in six European countries: France, Germany, Spain, Austria, Belgium and the UK With more than five million users between the two companies, Getaround is now the world’s leading carsharing marketplace. "Connected technology, frictionless user experience, and increased car fleet density are the keys to this evolution, as they make it more convenient to use a shared car than your own. Getaround is an ideal partner for us because our companies are aligned in so many ways while being complementary on key aspects of our business, like geography or fleet acquisition. I look forward to seeing what we can accomplish together.” Paulin Dementhon, Drivy Founder & CEO.