About Free2Move
Free2Move is a company based in Berlin (Germany) founded in 2013.. Free2Move has completed 3 acquisitions, including Kuantic, Opel Rent and SHARE NOW. Free2Move offers products and services including Car Sharing, Car Rental, Parking Services, and Car Subscription. Free2Move operates in a competitive market with competitors including Discover Cars, Finalrentals, Silver Tours, CarRentals.com and Rentcars, among others.
- Headquarter Berlin, Germany
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Free2move Sas
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Axel Springer
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
Kuantic
& 2 more
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Products & Services of Free2Move
Free2Move offers a comprehensive portfolio of products and services, including Car Sharing, Car Rental, Parking Services, and Car Subscription. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App-based self-service for urban car access and rentals.
Short-term vehicle rentals for personal or business use.
Booking and management of secured parking spaces worldwide.
On-demand car access with digital management and maintenance.
Funding Insights of Free2Move
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2015 | Amount | Seed - Free2Move | Valuation |
investors |
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| Jul, 2015 | Amount | Angel Round - Free2Move | Valuation |
investors |
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| Apr, 2014 | Amount | Seed - Free2Move | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Free2Move
Free2Move has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Axel Springer, Zimmermann Investment and UVC Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment opportunities in B2C and B2B sectors are provided by Zimmermann Investment.
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Founded Year | Domain | Location | |
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Investments are directed toward enterprise software, mobility, and industrial technologies.
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Founded Year | Domain | Location | |
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Axel Springer is engaged in AI-based journalism and media services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Free2Move
Free2Move has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Kuantic, Opel Rent and SHARE NOW. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App-based platform for electric-car rental
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2018 | ||||
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An end-to-end fleet management platform is provided for operations.
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2003 | ||||
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Car rental services are provided to customers in Germany.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Free2Move
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Free2move Comparisons
Competitors of Free2Move
Free2Move 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 Discover Cars, Finalrentals, Silver Tours, CarRentals.com and Rentcars, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Functions as an app-based metasearch platform for car rentals.
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| domain | founded_year | HQ Location |
Meta-search platform for car rentals
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| domain | founded_year | HQ Location |
Car rental prices and options are compared from global suppliers.
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| domain | founded_year | HQ Location |
Online car rental search engine
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| domain | founded_year | HQ Location |
Compares car rental prices from over 300 companies worldwide for easy booking.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Free2move
Frequently Asked Questions about Free2Move
When was Free2Move founded?
Free2Move was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Free2Move located?
Free2Move is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
What does Free2Move do?
Free2Move was founded in 2013 in Berlin, Germany, as an online metasearch platform in the mobility sector. Self-drive car rentals are facilitated through comparisons of pricing and availability on a mobile application, with bookings directed to partnered providers. Additional services such as car-sharing, parking, and driver assistance are also offered to users across the platform.
Who are the top competitors of Free2Move?
Free2Move's top competitors include CarRentals.com, Finalrentals and Silver Tours.
What products or services does Free2Move offer?
Free2Move offers Car Sharing, Car Rental, Parking Services, and Car Subscription.
How many acquisitions has Free2Move made?
Who are Free2Move's investors?
Free2Move has 7 investors. Key investors include Axel Springer, Zimmermann Investment, UVC Partners, Florian Heinemann, and Philipp Kreibohm.