Tech Company Financing Transactions
Drivy Funding Round
Drivy, operating out of Paris Ile-de-France, secured $35 million from Cathay Innovation and NGP.
Transaction Overview
Company Name
Announced On
4/29/2016
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Cathay Innovation (Lead Investor)
NGP (Lead Investor) (Bo Ilsoe)
Proceeds Purpose
The fresh cash influx will be used to grow into other European markets, including the U.K., by the end of 2016.
Company Information
Company Status
Acquired or Merged
Industry
Transportation
Mailing Address
35 rue Greneta
Paris Ile-de-France, 75002
France
Paris Ile-de-France, 75002
France
Phone
Undisclosed
Website
Email Address
Overview
Drivy lets you rent one of the thousands of cars and vans available in your area. It's fast and affordable, so you can get going without hassle. If you own a vehicle, put it for rent on Drivy so it can pay for itself. Drivy provides trust to both parties with a full insurance coverage and customer service.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paulin Dementhon
Chief Technical Officer
Nicolas Mondollot
Browse more venture capital transactions:
Prev: 4/29/2016: Slantrange venture capital transaction
Next: 4/29/2016: Poncho venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs