Track record

Built, scaled, sold, integrated, transformed.

A rare full-cycle journey: founder creation, industrial exit, corporate integration, transformation, carve-outs, turnaround and private equity transition.

Built

TravelCar

Founded 2012

Ahmed founded TravelCar in 2012 and built it into an international mobility platform. TravelCar unlocked underused mobility assets by connecting travellers, parked vehicles, parking infrastructure and rental demand.

  • Founded in 2012, after a first career in cybersecurity
  • $25M+ raised across successive rounds
  • 60+ countries, including the United States
  • 1M+ users globally
  • Airport, car park and mobility operator partnerships
  • Acquired by PSA Group / Stellantis in 2019

Scaled

International mobility platform

2012 — 2019

TravelCar expanded across Europe, the United States and other markets. The business required building technology, operations, partnerships, trust, supply, demand, pricing and local execution — at the same time.

  • International expansion and local market execution
  • Marketplace scaling and supply–demand liquidity
  • Partnership development with airports and infrastructure operators
  • Fundraising across successive rounds
  • Regulatory and local market complexity

Integrated

PSA / Stellantis / Free2move

From 2019

After the acquisition, Ahmed stayed inside the group and contributed to the integration and development of its mobility platform — aligning entrepreneurial execution with corporate governance.

  • Post-acquisition integration
  • Product and technology alignment
  • Mobility platform consolidation
  • Shareholder and stakeholder management
  • B2B and B2C mobility services

Transformed

Free2move

As CEO

As CEO of Free2move, Ahmed has led a major phase of scale, turnaround and strategic transformation, taking a complex mobility platform to profitability while reshaping its perimeter.

  • 12,000+ connected vehicles deployed across Europe and the United States
  • 3,600+ franchise partners supported through mobility-as-a-service
  • 300M+ transactions processed, in 40+ currencies
  • 3 M&A transactions completed
  • 3 corporate carve-outs
  • Profitability achieved after a major turnaround
  • Technology platform prepared for next-generation mobility solutions

Transitioned

Free2move’s sale to Mutares

New chapter

Ahmed helped lead Free2move through its strategic sale by Stellantis to Mutares. The step marks the transition of Free2move into a new phase as an independent platform under international private equity ownership.

  • Preparation of a complex business for a new ownership structure
  • Carve-out and separation readiness
  • Stakeholder alignment across a global group
  • A full cycle completed: creation, exit, integration, transformation, transition

Invested

Danocap

Since 2019

Since 2019, Ahmed has invested through Danocap, his personal holding and investment platform, backing founders and funds mainly across France and Europe with a broader international perspective.

  • 50+ startup investments
  • LP in 10+ VC and PE funds
  • Mobility, SaaS, AI, logistics, marketplaces, tech-enabled operations
  • France and Europe focus, international perspective

At a glance

The record in numbers.

$25M+
Raised at TravelCar
60+
Countries reached
1M+
TravelCar users
12,000+
Connected vehicles deployed
3,600+
Franchise partners via MaaS
300M+
Transactions processed
40+
Currencies supported
3
M&A transactions
3
Corporate carve-outs
Profitable
Free2move, after a major turnaround
50+
Startup investments through Danocap
10+
VC & PE funds as LP

Danocap portfolio

Companies backed.

Named investments made through Danocap since 2019 — current holdings and realised exits.

A company at a turning point?

Integration, carve-out, turnaround, international scale-up or a transition to new ownership — these are the moments Danocap knows from the inside.