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Free2Move - About the company

Free2Move is a seed company based in Berlin (Germany), founded in 2013 by Fabian Kofler. It operates as a Provider of car sharing, car rental, parking, and car subscription. Free2Move has raised an undisclosed amount in funding. The company has 39 active competitors, including 2 funded and 5 that have exited. Its top competitors include companies like Sixt, MILES Mobility and STARCAR.

Company Details

Provider of car sharing, car rental, parking, and car subscription. The company offers self-service car sharing with access via a mobile application. It provides short-term car rentals, including vans, for various durations. Parking options include secured locations, airport parking, and valet services. The company also provides mobility solutions for professionals to manage employee mobility.
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Email ID
*****@free2move.me
Key Metrics
Founded Year
2013
Location
Berlin, Germany
Stage
Seed
Latest Funding Round
Ranked
Investment & Acquisitions
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Free2Move's funding and investors

Free2Move has raised funding over 3 rounds. Its first funding round was on Apr 10, 2014. Its latest funding round was a Seed round on Nov 24, 2015 for $*****. 3 investors participated in its latest round. Free2Move has 8 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Free2Move:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 24, 2015
5562289
Seed
6558930
1823360
9984406
6099166
Jul 27, 2015
7393310
Angel
3278296
8418101
5429605
Apr 10, 2014
2154374
Seed
1958789
3711611
5330563
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Free2Move's founders and board of directors

Founder? Claim Profile
The founders of Free2Move is Fabian Kofler. Ahmed Mhiri is the CEO of Free2Move.
Here are the details of Free2Move's key team members:
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Free2Move's Competitors and alternates

Top competitors of Free2Move include Sixt, MILES Mobility and STARCAR. Here is the list of Top 10 competitors of Free2Move, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sixt
Sixt
1912, Pullach (Germany), Public
Online platform offering rental cars and trucks
-
70/100
2nd
Logo for Free2Move
Free2Move
2013, Berlin (Germany), Seed
Provider of car sharing, car rental, parking, and car subscription
-
64/100
3rd
Logo for MILES Mobility
MILES Mobility
2018, Berlin (Germany), Series C
App-based car rental platform
$5.68M
58/100
4th
Logo for STARCAR
STARCAR
1987, Hamburg (Germany), Unfunded
App-based car rental platform
-
-
46/100
5th
Logo for SHARE NOW
SHARE NOW
2018, Berlin (Germany), Acquired
App-based platform for electric-car rental
-
39/100
6th
Logo for AUTOHUS
AUTOHUS
1996, Gyhum (Germany), Unfunded
App based dealer of second hand vehicles
-
-
38/100
7th
Logo for Car2go
Car2go
1999, Stuttgart (Germany), Unfunded
App-based online car-sharing platform
-
-
35/100
8th
Logo for DriveNow
DriveNow
2011, Munich (Germany), Acquired
Self-drive car rental service provider
-
31/100
9th
Logo for AnyMove
AnyMove
2021, Berlin (Germany), Funding Raised
App-based platform offering car-sharing services
-
30/100
10th
Logo for Buchbinder
Buchbinder
1990, Leipzig (Germany), Acquired
Car rental service provider in Germany
-
-
29/100
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Free2Move's Investments and acquisitions

Free2Move has acquired 3 companies including Kuantic, SHARE NOW and Opel Rent. Free2Move has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 01, 2023
Acquisition
2003
Kluisbergen (Belgium)
May 03, 2022
Acquisition
2018
Berlin (Germany)
Mar 28, 2022
Acquisition
Norderstedt (Germany)
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Reports related to Free2Move

Here is the latest report on Free2Move's sector:

News related to Free2Move

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Media has covered Free2Move for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
•
Free2move Expands Car Sharing Service in MadridElectric Cars Report•Feb 14, 2025•Free2Move
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