About Drivy
Drivy is a company based in Paris (France) founded in 2010 was acquired by Getaround in April 2019.. Drivy has raised $54.52 million across 4 funding rounds from investors including Getaround, Bpifrance and Via ID. Drivy has completed 2 acquisitions, including Autonetzer and Buzzcar. Drivy offers products and services including Car Rental App and Vehicle Sharing Service. Drivy operates in a competitive market with competitors including Turo, Getaround, TravelCar, OuiCar and Wheeliz, among others.
- Headquarter Paris, France
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$54.52 M (USD)
in 4 rounds
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Latest Funding Round
$35.06 M (USD), Series B
Apr 27, 2016
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Investors
Getaround
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
Autonetzer
& 1 more
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Acquired by
Getaround
(Apr 24, 2019)
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Products & Services of Drivy
Drivy offers a comprehensive portfolio of products and services, including Car Rental App and Vehicle Sharing Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for booking and unlocking cars peer-to-peer.
Service for short-term car rentals with insurance included.
Funding Insights of Drivy
Drivy has successfully raised a total of $54.52M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $35.06 million completed in April 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $35.1M
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First Round
First Round
(11 Sep 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series B - Drivy | Valuation | Cathay Innovation , NGP Capital | |
| Apr, 2015 | Amount | Series B - Drivy | Valuation | Via ID , Bpifrance | |
| May, 2014 | Amount | Series A - Drivy | Valuation | Index Ventures , Alven |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Drivy
Drivy has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Getaround, Bpifrance and Via ID. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are accelerated and incubated through a 3-12 month program.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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Venture capital investments are made in technology startups through a global ecosystem.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Drivy
Drivy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Autonetzer and Buzzcar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Peer-to-peer car rentals are enabled online for users and owners.
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2011 | ||||
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Offers app-based car sharing and rental from private and professional owners.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Drivy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Drivy Comparisons
Competitors of Drivy
Drivy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Turo, Getaround, TravelCar, OuiCar and Wheeliz, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Peer-to-peer car rentals are facilitated via a mobile app.
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| domain | founded_year | HQ Location |
App-based peer-to-peer carsharing platform
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| domain | founded_year | HQ Location |
App-based platform for car parking & rentals
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| domain | founded_year | HQ Location |
Peer-to-peer car rentals are enabled online through OuiCar's platform.
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| domain | founded_year | HQ Location |
Transportation solutions for disabled individuals are offered in France.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Drivy
Frequently Asked Questions about Drivy
When was Drivy founded?
Drivy was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Drivy located?
Drivy is headquartered in Paris, France.
Is Drivy a funded company?
Drivy is a funded company, having raised a total of $54.52M across 4 funding rounds to date. The company's 1st funding round was a Series A of $8.3M, raised on Sep 11, 2012.
What does Drivy do?
Drivy was founded in 2010 in Paris, France, as an online peer-to-peer car rental marketplace. Cars are listed by owners for rental, while users search, compare options, and book vehicles after submitting details. Comprehensive insurance coverage is provided through Allianz. The service operates in the mobility sector, with a mobile app available for iOS and Android devices to support bookings and management.
Who are the top competitors of Drivy?
What products or services does Drivy offer?
Drivy offers Car Rental App and Vehicle Sharing Service.
How many acquisitions has Drivy made?
Drivy has made 2 acquisitions, including Autonetzer, and Buzzcar.
Who are Drivy's investors?
Drivy has 7 investors. Key investors include Getaround, Bpifrance, Via ID, Index Ventures, and Cathay Innovation.
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