# Freecars

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/freecars

- Industry: Consumer Services
- Headquarters: Paris, France
- Website: www.expedicar.com
- Total disclosed funding: $3.8M
- Latest round: Series A (Aug 29, 2018)
- Investors on record: 3

## About

Freecars SAS is a logistics company specializing in vehicle delivery and transport services across France, offering tailored solutions for clients including automotive businesses and fleet management services.Freecars SAS focuses on efficient vehicle logistics and was founded in Paris, France. The company has raised EUR 1.7 mn in Series A funding from investors Eurazeo, Hi Inov - Dentressangle, and Vivacto Développement as of August 29, 2018, bringing its total raised to EUR 1.7 mn and current valuation to EUR 11.298 mn.Freecars SAS provides a comprehensive platform for vehicle delivery and transport services, utilizing a network of certified drivers and professional carriers. Their services ensure timely delivery throughout France, with a commitment to delivery within 48 hours. The company caters to over 300 large accounts, including automotive companies and fleet management services, and offers options for personalized delivery preferences, vehicle washing, electric vehicle charging, and intelligent vehicle return options.In the most recent financial year of 2024, Freecars SAS generated revenue of EUR 28,925,453.20 with an EBITDA of EUR 1,468,287.70, focusing predominantly on B2B transactions with corporate clients who access their logistics management platform.Following the recent funding of EUR 1.7 mn raised in August 2018, Freecars SAS is expected to leverage these resources for enhancing their logistics platform and expanding their service offerings. The company aims to develop new products aimed at improving delivery efficiency and is also considering entering additional geographic markets within Europe by 2025.

## Funding rounds

- Series A, Aug 29, 2018, $2M — Eurazeo, Vivacto Développement, Hi Inov - Dentressangle
- Series A, Sep 7, 2016, $1.8M — Eurazeo, Vivacto Développement, Hi Inov - Dentressangle

## Investors

- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series A
- Vivacto Développement — Series A
- Hi Inov - Dentressangle (https://capitalatlas.ai/funds/hi-inov-dentressangle) — Series A