About Free2move
Free2move is a company based in Berlin (Germany) founded in 2013 was acquired by PSA Group in February 2017. It operates as a Mobility-as-a-Service, and Pay-per-Use / Usage-Based. Free2move offers products and services including Car Sharing, Car Rental, and Parking Solutions.
- Headquarter Berlin, Germany
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Sectors
Transportation, Automotive & Logistics
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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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Products & Services of Free2move
Free2move offers a comprehensive portfolio of products and services, including Car Sharing, Car Rental, and Parking Solutions. 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.
Self-service cars are provided for urban mobility needs.
Vehicles are rented for short-term personal or business use.
Parking spaces are offered at airports and city centers.
Funding Insights of 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 |
Investors in Free2move
Free2move has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PSA Group. 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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Automotive vehicles are manufactured and mobility solutions provided worldwide.
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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
| 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 |
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
| 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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Frequently Asked Questions about Free2move
When was Free2move founded?
Free2move was founded in 2013.
Where is Free2move located?
Free2move is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
What does Free2move do?
Car sharing, rental, and parking solutions are offered by Free2move across multiple countries. Services are provided in 16 cities for car sharing and over 65 countries for parking. Digital access to vehicles is enabled via a mobile app, ensuring 247 availability. Business solutions are tailored to support employee mobility and cost optimization. The transition to energy-efficient fleets is also facilitated for enterprises.
What products or services does Free2move offer?
Free2move offers Car Sharing, Car Rental, and Parking Solutions.
Who are Free2move's investors?
Free2move has 1 investor. Key investors include PSA Group.