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Free Now

Transportation · Hamburg, Germany · Founded 2009

Multi-mobility super app for consumers across Europe MoreLess

Free Now, operating as a mobility-as-a-service provider, offers a comprehensive platform for booking a wide array of transportation options across Europe. The company's origins trace back to the founding of mytaxi in 2009 by German entrepreneurs Niclaus Mewes and Sven Külper. mytaxi was the first taxi-hailing app to establish a direct connection between passengers and drivers.

The company has undergone significant evolution through a series of strategic acquisitions and mergers. In September 2014, Daimler AG (now Mercedes-Benz Group) fully acquired mytaxi's parent company, Intelligent Apps GmbH, marking its entry into the ride-hailing market. A pivotal moment came in July 2016 when mytaxi merged with its UK-based rival Hailo, creating Europe's largest taxi e-hailing company at the time. Daimler held a 60% stake in the newly formed entity, which continued to operate under the mytaxi brand. The expansion continued with the acquisition of the Greek taxi-hailing app Taxibeat in February 2017 and Romania's Clever Taxi in June 2017.

In February 2019, a major joint venture between the BMW Group and Daimler AG was announced, consolidating their mobility services. This €1 billion partnership resulted in the creation of five ventures, including Free Now for ride-hailing, and led to the rebranding of mytaxi to Free Now in July 2019. The platform continued to integrate other services, such as France's Kapten, under the new brand. As of July 2025, Free Now is a division of Lyft. The current CEO, Thomas Zimmermann, was appointed in April 2022, having previously served as the company's Chief Marketing Officer since 2018. His background is in marketing and data, with previous leadership roles at IONIQ Group and Goodgame Studios.

Free Now operates a mobile app that allows its more than 54 million users to book taxis, private hire vehicles, and a variety of micro-mobility options, including e-scooters, e-bikes, e-mopeds, and carsharing services. The platform aggregates numerous mobility brands, such as Dott, Tier, Voi, and Share Now, without adding new vehicles to the streets. The business model serves both individual consumers and corporate clients through 'Free Now for Business', which offers a centralized platform for companies to manage employee travel. In some markets, the company's business model involves purchasing transportation services directly from drivers and selling them to passengers, rather than charging a commission.

Keywords: mobility-as-a-service, ride-hailing, taxi booking, multi-mobility, e-scooters, e-bikes, car sharing, mytaxi, Hailo, urban mobility, fleet management, Niclaus Mewes, Sven Külper, Thomas Zimmermann, BMW, Mercedes-Benz, Lyft, European transport, mobility super app, vehicle sharing

Company overview

Free Now company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2009
Headquarters
Hamburg, Germany
Employees
1,867
Open positions
115
Dealroom signal
65.0
Investment activity
2 companies · latest Jun 2017
Capital deployed
Preferred round
ACQUISITION
sectorAppsub industryMobilitysub industryNavigation & Mappingbusiness modelMarketplace & ecommercebusiness modelSaaSsectorOn-DemandsectorOn-Demand ServicessectorMicromobilitysectorRide-HailingsectorTaxi AppindustryTransportationindustryEnterprise SoftwaresectorTravelclient focusb2b

Valuation & funding

Free Now funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Apr 2025 $197M $197M Lyft
MERGEROther financing Jul 2016 Hailo
ACQUISITIONOther financing Sep 2014 $0 Moovel
SERIES COther financing Jan 2014 $50M $200M Undisclosed
SERIES COther financing Aug 2013 Deutsche Telekom · Mercedes-Benz Group
SERIES BOther financing Dec 2012 KfW · SHARENOW · Lars Hinrichs · Accel
SERIES AOther financing Mar 2012 Forward Partners · Wellington Partners · Accel · Atomico
SERIES AOther financing Jun 2011 ERP Startfonds
SEEDOther financing Oct 2010 e42 Ventures
Showing 9 recorded eventsUnlock the complete deal history →

Growth signals

Free Now website traffic

Latest recorded traffic for Free Now is 1M monthly website visits, up 12.4% over the last three months. Free Now's team grew 0% over the past year.

Latest monthly visits1M 3-month web change+12.4% 1-year team growth0%
Monthly website visits142 observations · Oct 2014–Jul 2026
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Comparisons

Free Now compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Free Now's talent

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Team profiled 70 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 12 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

16 investors on Free Now's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 1 investor entered at this stage
e42 Ventures
Series A 10 investors entered at this stage
ERP Startfonds
Accel
Forward Partners
Wellington Partners
Atomico
Mosaic Ventures
Union Square Ventures
KfW
SHARENOW
Lars Hinrichs
Series B+ 2 investors entered at this stage
Deutsche Telekom
Mercedes-Benz Group
Other known 3 additional known investors
Hailo
Lyft
Moovel

Global footprint

Where Free Now has talent and traffic

Workforce by country
🇩🇪 Germany · Hamburg HQ
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In the news

Latest news about Free Now

Recent press, funding announcements, and product moves mentioning Free Now — open to read from the original sources.

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Market sentiment

What the market is saying about Free Now

An AI-synthesized read of the highest-engagement posts about Free Now on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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