Getaround is raising $200M

According to a report by TechCrunch, SoftBank-backed Getaround is raising $200 million at a $1.7 billion valuation.

Founded in 2009, Getaround offers a car-sharing platform, allowing car owners to earn money by renting out their cars.

The news follows the company’s $300 million acquisition of Drivy, the European car-sharing platform available in 170 cities.

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