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Getaround is expected to go public in New York by the end of the year

Peer-to-peer car sharing platform, Getaround, and publicly traded acquisition company, InterPrivate II Acquisition Corp. enter the final stage of a commercial merger agreement. It is expected to close in the second half of 2022. The new company will then be listed on the New York Stock Exchange. It will be led by the founder and current CEO of Getaround, Sam Zaid.

Getaround, founded in 2009, is now present in more than 950 cities around the world. In 2010, it bought, for 300 million, the French company Drivy, created by Paulin Dementhon in 2010. Drivy then claimed 55,000 vehicles in 170 cities in Europe (United Kingdom, Germany, Belgium, Austria, Spain) 2, 5 million users. Paulin Dementhon then became the general manager of Getaround in Europe. In April 2021, he left Getaround. With Fabienne Keller and Jean-Marc Zulesi, he worked on transport issues for Emmanuel Macron’s 2022 presidential campaign.

YG

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