Carsharing firm Getaround has acquired Drivy, one of the fastest growing carsharing platforms in Europe, for $300 million.

Expanding on Getaround's vision of a world where all cars are shared, the combined company now spans 300 cities in the U.S. and Europe, adding international presence in six European countries: France, Germany, Spain, Austria, Belgium, and the U.K. With more than five million users between the two companies, Getaround is now the world's leading carsharing marketplace.

Headquartered in Paris, Drivy has quickly built a community of two and a half million users across Europe with a track record of local market execution and innovation.

Over the past several years, Getaround has created a connected carsharing marketplace through its Getaround Connect, a patented technology that enables users to locate and unlock cars using their smartphone. Getaround and Drivy share this vision of connected carsharing, as Drivy also introduced an instant smartphone unlock function — a connected technology that removes the inconvenience of renters and owners needing to meet up to pick up car keys.