FreeNow Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,855

Employees

  • Latest Deal Type
  • M&A
  • (Announced)

  • Latest Deal Amount
  • $197M

  • Investors
  • 11

FreeNow General Information

Description

Developer of a taxi booking application designed to simplify cab-hailing. The company's application offers a booking system that uses mobile and Global Positioning System (GPS) technology to match taxi drivers with passengers based on availability and proximity and requires a valid phone number and a valid form of payment, enabling users to get a direct connection between a passenger and a taxi driver.

Contact Information

Formerly Known As
1TouchTaxi, mytaxi
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Corporate Office
  • Harling House
  • Great Suffolk Street
  • London SE1 0BS
  • England, United Kingdom
+44 020
Primary Industry
Automotive
Other Industries
Application Software
Parent Company
Corporate Office
  • Harling House
  • Great Suffolk Street
  • London SE1 0BS
  • England, United Kingdom
+44 020

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FreeNow Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 16-Apr-2025 $197M Announced Generating Revenue
5. Later Stage VC 01-Aug-2022 Completed Generating Revenue
4. Merger/Acquisition 03-Sep-2014 Completed Generating Revenue
3. Early Stage VC 01-Jan-2013 Completed Generating Revenue
2. Early Stage VC (Series B) 23-Jan-2012 $12.9M $12.9M Completed Startup
1. Early Stage VC 07-Jun-2011 Completed Startup
To view FreeNow’s complete valuation and funding history, request access »

FreeNow Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a taxi booking application designed to simplify cab-hailing. The company's application offers a booking sys
Automotive
London, United Kingdom
1,855 As of 2024

Sao Paulo, Brazil
 

Istanbul, Turkey
 
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FreeNow Competitors (36)

One of FreeNow’s 36 competitors is 99, a Formerly VC-backed company based in Sao Paulo, Brazil.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
99 Formerly VC-backed Sao Paulo, Brazil
Bitaksi Venture Capital-Backed Istanbul, Turkey
Oriental Carring Formerly VC-backed Beijing, China
PickMe (Automotive) Formerly VC-backed Colombo, Sri Lanka
DiDi Global Formerly PE-Backed Beijing, China
You’re viewing 5 of 36 competitors. Get the full list »

FreeNow Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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FreeNow Acquisitions (4)

FreeNow’s most recent deal was a Merger/Acquisition with Kapten. The deal was made on 21-Dec-2017.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Kapten 21-Dec-2017 Merger/Acquisition Automotive
Clever Taxi 22-Jun-2017 Merger/Acquisition Automotive
BEAT (Transportation) 16-Feb-2017 Merger/Acquisition Automotive
Hailo Network 26-Jul-2016 Merger/Acquisition Social/Platform Software
To view FreeNow’s complete acquisitions history, request access »

FreeNow FAQs

  • When was FreeNow founded?

    FreeNow was founded in 2009.

  • Where is FreeNow headquartered?

    FreeNow is headquartered in London, United Kingdom.

  • What is the size of FreeNow?

    FreeNow has 1,855 total employees.

  • What industry is FreeNow in?

    FreeNow’s primary industry is Automotive.

  • Is FreeNow a private or public company?

    FreeNow is a Private company.

  • What is the current valuation of FreeNow?

    The current valuation of FreeNow is .

  • What is FreeNow’s current revenue?

    The current revenue for FreeNow is .

  • How much funding has FreeNow raised over time?

    FreeNow has raised $12.9M.

  • Who are FreeNow’s competitors?

    99, Bitaksi, Oriental Carring, PickMe (Automotive), and DiDi Global are some of the 36 competitors of FreeNow.

  • When was FreeNow acquired?

    FreeNow was acquired on 16-Apr-2025.

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