FREE NOW - About the company
FREE NOW is an acquired company based in Hamburg (Germany), founded in 2009. It operates as an App-based ride-hailing and multi-category vehicle sharing platform. FREE NOW has raised $79.5M in funding from investors like Accel, Union Square Ventures and Atomico, with last known valuation of $*****. The company has 10 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Grab, inDrive and Bolt.
Company Details
App-based ride-hailing and multi-category vehicle sharing platform. Users can find and book their ride by providing the pickup and drop location, vehicle type, and more. It also has several features like live tracking of the ride, shares the live location to friends and families, pre-booking of taxies, and more. Also, it offers electric kick scooter sharing, car-sharing services, and more. The mobile app is available for both Android and iOS devices.
- Website
- free-now.com
- Social
- Email ID
- *****@free-now.com
- Phone Number
- +49 **********
Key Metrics
Founded Year
2009
Location
Hamburg, Germany
Stage
Acquired
Total Funding
$79.5M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Apr 16, 2025
Ranked
4th among 10 active competitors
Annual Revenue
€1M - €10M as on Dec 31, 2017
Employee Count
1,702 as on Jun 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Lyft (Apr 16, 2025)
Legal entities associated with FREE NOW
FREE NOW is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Intelligent Apps GmbH CIN: HRB110377 , Germany, Active | Jul 30, 2009 | €1M - €10M (As on Dec 31, 2017) | 243 (As on Dec 31, 2017) | |
TRANSOPCO UK LTD CIN: 11435887 , United Kingdom, Active | Jun 26, 2018 | - | 67 (As on Dec 31, 2021) | |
MYTAXI NETWORK LTD Malaysia, Active | - | - | - |
FREE NOW's acquisition details
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FREE NOW's funding and investors
FREE NOW has raised a total funding of $79.5M over 5 rounds. Its latest funding round was a Series B round on Dec 01, 2014 for $*****. 1 investor participated in its latest round. FREE NOW has 11 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of FREE NOW:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 01, 2014 | 3107336 | Series B | 6803972 | 1876904 | 1789424 | 3575036 |
Jan 14, 2014 | 2962210 | Series B | 8087952 | 8807717 | 6347698 | 4415082 |
Feb 05, 2013 | 3145421 | Series B | 3538353 | 5525705 |
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FREE NOW's founders and board of directors
Founder? Claim ProfileHere are the details of FREE NOW's key team members:
FREE NOW's Board of Directors
FREE NOW's board has 3 active members. Marc Berg and Johannes Prantl are part of team and Alistair Edward John McCann is independent board member.Here is the list of FREE NOW's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
azghcaf | Team | - | Past | 8y 3m |
noolgkg | Team | - | Current | 3y 3m |
seacj{t | Team | - | Current | 2y 3m |
itpzglo | Team | - | Past | 1y 2m |
Independent board member | - | Current | 10y 0m | |
gemsieh | Independent board member | - | Past | 9y 4m |
fodznva | Independent board member | - | Past | 7y 1m |
tq{mmub | Independent board member | - | Past | 9y 2m |
gxmwzug | Independent board member | - | Past | 1y 1m |
hicmuqt | Independent board member | - | Past | 3y 1m |
View details of FREE NOW's Founder profiles and Board Members
FREE NOW's employee count trend
FREE NOW has 1,702 employees as of Jun 26. Here is FREE NOW's employee count trend over the years:
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FREE NOW's Competitors and alternates
Top competitors of FREE NOW include Grab, inDrive and Bolt. Here is the list of Top 10 competitors of FREE NOW, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of a platform providing ride-hailing, food delivery, and payment services | $10.4B | 88/100 | ||
2nd |  inDrive 2012, Mountain View (United States), Series C | App-based platform for booking multiple categories of services | $237M | 81/100 | |
3rd | Provider of ride-hailing, car-sharing, micromobility, food, and grocery delivery services | $1.98B | 79/100 | ||
4th | App-based ride-hailing and multi-category vehicle sharing platform | $79.5M | 75/100 | ||
5th | App-based platform offering integrated multi-category mobility services | - | - | 45/100 | |
6th |  LeipzigMOVE 2020, Leipzig (Germany), Unfunded | App-based platform to book multiple transport services | - | - | 44/100 |
7th |  Verona SmartApp 2016, Verona (Italy), Unfunded | App-based platform that provides interactive travel guides | - | - | 24/100 |
8th |  take & drive 2006, Poznan (Poland), Unfunded | App-based platform offering multi-category ride sharing and trip planning services | - | - | 23/100 |
9th | App-based platform offering comprehensive ride-hailing and sharing services | - | - | 20/100 | |
10th | Katchy 2023, London (United Kingdom), Deadpooled | App-based ride-hailing aggregator | - | - | 17/100 |
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FREE NOW's Investments and acquisitions
FREE NOW has acquired Djump. FREE NOW has not made any investments as of now.Reports related to FREE NOW
Here is the latest report on FREE NOW's sector:
News related to FREE NOW
Filter this listMedia has covered FREE NOW for a total of 11 events in the last 1 year, 5 of them have been about partnerships and 2 about company updates.
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Wallbox and Freenow by Lyft Partner to Support Taxi Electrification Across EuropeBusiness Wire•May 13, 2026•FREE NOW, Wallbox
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Snappi partners with Freenow by Lyft, offering welcome gifts to Freenow users.P.ATHANASIADES & CO•Feb 12, 2026•Snappibank, Lyft, FREE NOW
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Vonage Network APIs pave the way for Freenow by Lyft to drive innovation in urban mobilityBusiness Wire•Jan 23, 2026•FREE NOW, Vonage
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Freenow by Lyft Uses Vonage Network APIs for US User VerificationTelecompaper•Jan 22, 2026•FREE NOW, Vonage
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Freenow by Lyft integrates with Concur ExpenseBusiness Travel News Europe•Nov 17, 2025•FREE NOW, Concur
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Acquisition Fever! Lyft buys FreeNow from Mercedes and BMW!FinanzNachrichten•Nov 10, 2025•Lyft, FREE NOW
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FreeNow Offers €500,000 in Incentives for Drivers for Oasis ConcertsBusinessplus•Aug 15, 2025•FREE NOW
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Change at taxi platform Freenow: Why Lyft should be better than BMW and Mercedesmanager magazin•Aug 07, 2025•Lyft, FREE NOW, Mercedes-Benz
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