Europe’s largest car rental marketplace Drivy raises €31m for further international expansion and product innovation

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Posted on 09 May 2016

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April 28th, 2016 – Drivy, Europe’s largest car rental marketplace, with 850,000 users across France, Germany and Spain, has just closed a new €31m investment round. The funding round was led by Cathay Innovation and Nokia Growth Partners (NGP), with the participation of early investors Bpifrance’s Ecotechnologie Fund, Via-ID (Mobivia group) and Index Venture. The additional funding, which brings the total amount raised to €47m, will be used for further international expansion, product innovation and to grow significantly the team across Europe.