FREE NOW’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

FreeNow (mytaxI) is a mobile-based ride-hailing application that allows users to search and book for cabs. Read more

1,763 Followers on Owler
1,763 Followers on Owler
1,763 Followers on Owler
1,763 Followers on Owler

FreeNow (mytaxI) is a mobile-based ride-hailing application that allows users to search and book for cabs. Read more

Eckart Diepenhorst's photo - CEO of FREE NOW

CEO

Eckart Diepenhorst

CEO Approval Rating

87/100

Founded:

2009

Status:

PrivateSubsidiary of Daimler AG

TOP COMPETITORS OR ALTERNATIVES

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Easy Taxi Services LTDA is FREE NOW's top competitor. Easy Taxi Services LTDA is a Private company that was founded in Berlin, Berlin in 2011. Easy Taxi Services LTDA operates in the Application Software industry. Easy Taxi Services LTDA has 714 fewer employees vs. FREE NOW.

99 Taxis has been one of FREE NOW's top competitors. 99 Taxis is headquartered in Sao Paulo, São Paulo, and was founded in 2012. 99 Taxis is in the Internet Software industry. 99 Taxis generates 14% the revenue of FREE NOW.

Careem is perceived as one of FREE NOW's biggest rivals. Careem was founded in 2012 in Dubai, Dubai Emirate. Careem competes in the Application Software field. Careem generates $68.8M more revenue than FREE NOW.

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Growth Score - 1/1

Is $50M a good estimate for FREE NOW's revenue?

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Taxibeat

Feb 2017

Source »
$42.3M
Taxibeat is a smartphone application that helps passengers to find and book a taxi for their transportation.
Hailo Network Limited

Jul 2016

Source »
undisclosed
Hailo is a web and mobile application that allows individuals and businesses to find and book taxi services.

These are all the companies that FREE NOW has acquired. FREE NOW has acquired 2 companies and its latest acquisition was Taxibeat in Feb 2017. Taxibeat is a smartphone application that helps passengers to find and book a taxi for their transportation.

FREE NOW Funding History

$0$13M

Since FREE NOW was founded in 2009, it has participated in 3 rounds of funding. In total FREE NOW has raised $13.0M. FREE NOW's last funding round was on May 2012 for a total of $13.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Unattributed
May 2012
$13M
Series A
Feb 2011
--
-
Seed
Sep 2010
--
-

Since FREE NOW was founded in 2009, it has participated in 3 rounds of funding. In total FREE NOW has raised $13.0M. FREE NOW's last funding round was on May 2012 for a total of $13.0M

Investments

No recent investments found related to FREE NOW

These are all the companies that FREE NOW has invested in. FREE NOW has invested 2 companies and its latest investment was Taxibeat in Feb 2017. Taxibeat is a smartphone application that helps passengers to find and book a taxi for their transportation.

FREE NOW News

October 16, 2020FinTech Global

InsurTech Zego inks partnership with e-hailing app FREE NOW

InsurTech startup Zego has teamed up with Ireland-based e-hailing app FREE NOW as it gears up to disr... See more »
September 30, 2020Business Standard

Uber Technologies weighs purchase of BMW-Daimler ride-hailing venture

Uber expressed interest in a potential acquisition of Free Now after the venture's efforts to attract... See more »
August 14, 2020THE IRISH TIMES

Taxi app Free Now blames 'technical issues' for driver payment delays

Free Now, the taxi app that has signed up 14,000 Irish drivers, has blamed "technical issues" at a su... See more »
June 2, 2020Intelligent Transport

Voi e-scooters integrated into German ride-hailing service

The service integration will become available in Hamburg, Berlin and Munich, designed to offer users ... See more »
May 15, 2020Irish Tech News

FREE NOW releases safe travel guidelines for drivers and passengers

As Ireland approaches phase one of easing lockdown restrictions from Monday, taxi app FREE NOW is rel... See more »
April 17, 2020SiliconRepublic

Free Now set for restructuring as it sets to merge with Kapten

Finding itself in a difficult spot financially, ride-hailing app Free Now is set to merge with its Fr... See more »
April 2, 2020TechBuzz Ireland

FREE NOW launches "Medical" initiative offering Healthcare Heroes 50% off taxi fares. #FreeNow #Health #Medical to help battle against COVID-19

Ireland's leading e-hailing app FREE NOW has created a new "Medical" booking option which offers a 50... See more »

FREE NOW Press Releases

FREE NOW Videos

Social Media

Headquarters

Grosse Elbstrasse 273

Hamburg, Hamburg22767

040-306-068-9743

Driving Directions »

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Summary

ABOUT

Overview

FreeNow (mytaxI) is a mobile-based ride-hailing application that allows users to search and book for cabs. FREE NOW was founded in 2009. FREE NOW's headquarters is located in Hamburg, Hamburg, DE 22767. It has raised 13.0M in 3 rounds. The latest ro...

CEO

FREE NOW's CEO, Eckart Diepenhorst, currently has an approval rating of 87%. FREE NOW's primary competitors are Easy Taxi Services LTDA, 99 Taxis & Careem.

Website

free-now.com

Frequently Asked Questions about FREE NOW

  1. When was FREE NOW founded?

    FREE NOW was founded in 2009
  2. Who is FREE NOW's CEO?

    FREE NOW's CEO is Eckart Diepenhorst
  3. How much revenue does FREE NOW generate?

    FREE NOW generates $50M in revenue
  4. How much funding does FREE NOW have?

    FREE NOW has historically raised $13M in funding
  1. Where is FREE NOW's headquarters?

    FREE NOW's headquarters is in Hamburg Hamburg, DE
  2. How many employees does FREE NOW have?

    FREE NOW has 1,300 employees
  3. What sector does FREE NOW operate in?

    FREE NOW is in Application Software, Ride Sharing
  4. Who are FREE NOW's competitors?

    FREE NOW's top competitors are Easy Taxi Services LTDA, 99 Taxis, Careem