About Freetrailer
Freetrailer is a company based in Copenhagen (Denmark) founded in 2004. It operates as a Pay-per-Use / Usage-Based, and Advertising Model. Freetrailer has raised $1.62 million across 6 funding rounds from investors including Accelerace. Freetrailer offers products and services including Trailer Rental and Electric Cargo Bike Rental.
- Headquarter Copenhagen, Denmark
- Stage Minicorn
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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 Freetrailer Danmark Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.62 M (USD)
in 6 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Freetrailer
Freetrailer offers a comprehensive portfolio of products and services, including Trailer Rental and Electric Cargo Bike Rental. 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.
Trailers are rented for short-term use across Denmark.
Electric cargo bikes are provided for short-term rental.
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Funding Insights of Freetrailer
Freetrailer has successfully raised a total of $1.62M across 6 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(01 Oct 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Freetrailer | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - Freetrailer | Valuation |
investors |
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| Nov, 2020 | Amount | Seed - Freetrailer | Valuation |
investors |
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| 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 Freetrailer
Freetrailer has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accelerace. 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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Funding and support are provided to early-stage startups by Accelerace.
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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 Freetrailer
| 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 - Freetrailer
| 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 |
Freetrailer Comparisons
Competitors of Freetrailer
| 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 Freetrailer
When was Freetrailer founded?
Freetrailer was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Where is Freetrailer located?
Freetrailer is headquartered in Copenhagen, Denmark.
Who is the current CEO of Freetrailer?
Allan Sonderskov Darre is the current CEO of Freetrailer.
Is Freetrailer a funded company?
Freetrailer is a funded company, having raised a total of $1.62M across 6 funding rounds to date. The company's 1st funding round was a Seed of $20.65K, raised on Oct 01, 2007.
What does Freetrailer do?
Trailer and cargo bike rental services are offered by Freetrailer across Denmark. Operations are focused on short-term, affordable rentals through a user-friendly app. Various trailer types, including open, closed, and electric cargo bikes, are made available. Partnerships with companies like IKEA and Silvan are maintained for visibility and accessibility. The concept of sharing economy is promoted to simplify access to transportation solutions. Locations are spread nationwide to ensure proximity to customers.
What products or services does Freetrailer offer?
Freetrailer offers Trailer Rental and Electric Cargo Bike Rental.
Who are Freetrailer's investors?
Freetrailer has 1 investor. Key investors include Accelerace.
What is Freetrailer's valuation?
The valuation of Freetrailer is $3.14M as of May 2022.