Where is FREE NOW located?

FREE NOW is headquartered in Hamburg, Germany.

Who is the current CEO of FREE NOW?

Thomas Zimmermann and Marc Berg s of FREE NOW.

Which legal entities is FREE NOW associated with?

FREE NOW is associated with MYTAXI NETWORK LTD and 2 others.

How many employees does FREE NOW have?

As of May 31, 2026, the latest employee count at FREE NOW is 1689.

Is FREE NOW a funded company?

FREE NOW is a funded company, having raised a total of $79.4M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round.

How much is FREE NOW worth?

The last known valuation of FREE NOW was $***** as of Apr 16, 2025.

When was the latest funding round of FREE NOW?

FREE NOW's latest funding was a $***** Series B round on Dec 01, 2014, with participation from 1 investor.

What is the annual revenue of FREE NOW?

Annual revenue of FREE NOW is between €1M and €10M as on Dec 31, 2017

Where does FREE NOW rank among its competitors?

FREE NOW ranks 4th amongst 10 active competitors, of which 2 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Bolt, which secured $236M in May, 2024.

Who are the top competitors of FREE NOW?

FREE NOW's top competitors include Grab, Bolt and inDrive. Among them, Bolt secured the most recent funding round in May, 2024.

FREE NOW - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is FREE NOW an acquired company?

FREE NOW got acquired by Lyft on Apr 16, 2025.

Company Details

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.

Website: free-now.com
Social
Email ID: *****@free-now.com
Phone Number: +49 **********

Key Metrics

Founded Year

2009

Location

Hamburg, Germany

Stage

Acquired

Total Funding

$79.4M in 5 rounds

Latest Funding Round

Series B, Dec 01, 2014, $*****

Last Known Valuation

$***** as on Apr 16, 2025

Investors

Accel & 11 more

Ranked

4^th among 10 active competitors

Annual Revenue

€1M - €10M as on Dec 31, 2017

Employee Count

1,689 as on May 31, 2026

Investment & Acquisitions

Djump

Similar Companies

Grab & 82 more

Exit Details

Acquired by Lyft (Apr 16, 2025)

View FREE NOW's full profile

FREE NOW is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Intelligent Apps GmbH CIN: HRB110377 , Germany, Active	Jul 30, 2009	$1M - $10M (As on Dec 31, 2017)	243 (As on Dec 31, 2017)
TRANSOPCO UK LTD CIN: 11435887 , United Kingdom, Active	Jun 26, 2018	-	67 (As on Dec 31, 2021)
MYTAXI NETWORK LTD Malaysia, Active		-	-	-

FREE NOW got acquired by Lyft on Apr 16, 2025 at an acquisition amount of $*****.

Click here to take a look at FREE NOW's acquisition in detail

FREE NOW has raised a total funding of $79.4M over 5 rounds. Its latest funding round was a Series B round on Dec 01, 2014 for $*****. 1 investor participated in its latest round. FREE NOW has 11 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of FREE NOW:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2014	5093652	Series B	3703289	9315469	2560531	6447693
Jan 14, 2014	6141780	Series B	1151435	7478247	2831481	9710768
Feb 05, 2013	1215504	Series B	8614947	2150046	Union Square Ventures	Accel & 3 more

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View details of FREE NOW's funding rounds and investors

Here are the details of FREE NOW's key team members:

Thomas Zimmermann: CEO of FREE NOW.
Marc Berg: CEO of FREE NOW. They serve on the board of 1 company.

FREE NOW's Board of Directors

FREE NOW's board has 3 active members. Marc Berg and Johannes Prantl are part of team and Alistair Edward John McCann is independent board member.

Here is the list of FREE NOW's board of directors:

Name	Type	Representing	Status	Duration
lxgagdr	Team	-	Past	2y 1m
vseuown	Team	-	Current	6y 5m
vsmbgji	Team	-	Current	2y 8m
zghtevq	Team	-	Past	2y 5m
Alistair Edward John McCann	Independent board member	-	Current	9y 10m
camwlcy	Independent board member	-	Past	8y 5m
rsbbbuz	Independent board member	-	Past	9y 9m
hekirln	Independent board member	-	Past	2y 1m
oaxkgks	Independent board member	-	Past	5y 2m
fckvwp{	Independent board member	-	Past	7y 5m

View details of FREE NOW's Founder profiles and Board Members

FREE NOW's employee count trend

FREE NOW has 1,689 employees as of May 26. Here is FREE NOW's employee count trend over the years:

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Top competitors of FREE NOW include Grab, Bolt and inDrive. Here is the list of Top 10 competitors of FREE NOW, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Grab 2012, Singapore (Singapore), Public	Operator of a platform providing ride-hailing, food delivery, and payment services	$10.4B	DiDi, SoftBank Group & 104 others	88/100
2nd	Bolt 2013, Tallinn (Estonia), Series F	Provider of ride-hailing, car-sharing, micromobility, food, and grocery delivery services	$1.98B	Sequoia Capital, Naya Capital Management UK ... & 131 others	82/100
3rd	inDrive 2012, Mountain View (United States), Series C	App-based platform for booking multiple categories of services	$387M	Leta Capital, Insight Partners & 5 others	81/100
4th	FREE NOW 2009, Hamburg (Germany), Acquired	App-based ride-hailing and multi-category vehicle sharing platform	$79.4M	Union Square Ventures, Wellington Partners Venture Capital ... & 10 others	75/100
5th	Smou 2018, Barcelona (Spain), Unfunded	App-based platform offering integrated multi-category mobility services	-	-	45/100
6th	LeipzigMOVE 2020, Leipzig (Germany), Unfunded	App-based platform to book multiple transport services	-	-	44/100
7th	take & drive 2006, Poznan (Poland), Unfunded	App-based platform offering multi-category ride sharing and trip planning services	-	-	24/100
8th	Verona SmartApp 2016, Verona (Italy), Unfunded	App-based platform that provides interactive travel guides	-	-	24/100
9th	SyltGO Sylt (Germany), Unfunded	App-based platform offering comprehensive ride-hailing and sharing services	-	-	19/100
10th	Katchy 2023, London (United Kingdom), Deadpooled	App-based ride-hailing aggregator	-	-	17/100