About Freeway
Freeway is a company based in Nice (France) founded in 2013 by Raoul Parienti. It operates as a Direct-to-Consumer (D2C). Freeway offers products and services including Freeway Scooter. Freeway operates in a competitive market with competitors including Segway, Unagi Scooters, Striemo, Levy Electric and GOTRAX, among others.
- Headquarter Nice, France
- Founders Raoul Parienti
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.96 M (USD), Grant
Nov 30, 2017
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of Freeway
Freeway offers a comprehensive portfolio of products and services, including Freeway Scooter. 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.
An electric tricycle scooter designed for urban mobility.
Funding Insights of Freeway
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $2.0M
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First Round
First Round
(01 Jun 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Grant - Freeway | Valuation |
investors |
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| Jun, 2015 | Amount | Grant - Freeway | 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 Freeway
Freeway has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Freeway
| 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 - Freeway
| 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 |
Freeway Comparisons
Competitors of Freeway
Freeway 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 Segway, Unagi Scooters, Striemo, Levy Electric and GOTRAX, 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 |
Multi-category electric vehicles are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Electric kick scooters are manufactured and developed by Unagi Scooters.
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| domain | founded_year | HQ Location |
Electric kick scooters for short-distance travel are manufactured by Striemo.
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| domain | founded_year | HQ Location |
Provides affordable electric scooters with swappable batteries for daily urban travel.
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| domain | founded_year | HQ Location |
Sells electric scooters, bikes, and parts for urban mobility solutions.
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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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Frequently Asked Questions about Freeway
When was Freeway founded?
Freeway was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Freeway located?
Freeway is headquartered in Nice, France. It is registered at Nice, Provence-alpes-cote D'azur, France.
What does Freeway do?
Freeway is engaged in the development and distribution of electric tricycles designed for urban mobility. The company targets city dwellers seeking practical, eco-friendly, and safe transportation solutions. Its flagship product, a foldable and ultra-light scooter, is recognized for innovation, having won the Grand Prix at the Concours Lépine in 2013. Freeway operates within the personal mobility sector, emphasizing sustainable and efficient transport alternatives for urban environments.
Who are the top competitors of Freeway?
Freeway's top competitors include Segway, Striemo and Unagi Scooters.
What products or services does Freeway offer?
Freeway offers Freeway Scooter.
Who are Freeway's investors?
Freeway has 2 investors. Key investors include European Union, and EIC Fund.
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