About FREE NOW
FREE NOW is a company based in Hamburg (Germany) founded in 2009 was acquired by Lyft in April 2025. FREE NOW has raised $76.45 million across 4 funding rounds from investors including Lyft, Accel and Atomico. FREE NOW has completed 1 acquisition, including Djump. FREE NOW offers products and services including Taxi App, eScooter Service, and eBike Service. FREE NOW operates in a competitive market with competitors including Grab, inDrive, Bolt, Gozem and YASSIR, among others.
- Headquarter Hamburg, Germany
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Sectors
Transportation, Automotive & Logistics
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Email
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Website
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Products & Services of FREE NOW
FREE NOW offers a comprehensive portfolio of products and services, including Taxi App, eScooter Service, and eBike Service.
App for booking taxis and quick urban transport services
Service for renting eScooters for short-distance travel
Service for renting eBikes for eco-friendly commuting
People of FREE NOW
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Software Development Team
50 people
Product Management Team
24 people
Operations Team
15 people
Finance and Accounting
13 people
Senior Team
12 people
Data Analysis and Operations Team
12 people
Sales and Marketing
10 people
Leadership Team
7 people
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Funding Insights of FREE NOW
FREE NOW has successfully raised a total of $76.45M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in FREE NOW
FREE NOW has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Lyft, Accel and Atomico.
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Accel is recognized as a leading venture capital firm.
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Tech-based companies are invested in by Atomico venture capital fund.
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Investor details for FREE NOW
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Investments & Acquisitions by FREE NOW
FREE NOW has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Djump.
Investment portfolio details for FREE NOW
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- Transaction dates
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On-demand ride-sharing taxi services are facilitated via a mobile app.
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Complete acquisition details for FREE NOW
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - FREE NOW
Detailed financials for FREE NOW
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Free Now Comparisons
Peer comparison for FREE NOW
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Competitors of FREE NOW
FREE NOW operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Grab, inDrive, Bolt, Gozem and YASSIR, among others.
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Ride-hailing and on-demand delivery services are aggregated via mobile app.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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Ride-hailing and on-demand services are aggregated through a mobile app.
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Ride-hailing and on-demand services are facilitated through a mobile app.
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A SuperApp for delivery and marketplace services in LATAM is operated.
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Detailed competitors of FREE NOW
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Free Now
Complete news archive for FREE NOW
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Frequently Asked Questions about FREE NOW
FREE NOW was founded in 2009 and raised its 1st funding round 3 years after it was founded.
FREE NOW is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Eckart Diepenhorst is the current CEO of FREE NOW.
FREE NOW is a funded company, having raised a total of $76.45M across 4 funding rounds to date.
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.
FREE NOW offers Taxi App, eScooter Service, and eBike Service.
FREE NOW has made 1 acquisition, including Djump.
FREE NOW has 8 investors. Key investors include Lyft, Accel, Atomico, Hikari Tsushin, and Union Square Ventures.