Built
TravelCar, founded in 2012 on a simple conviction: underused assets can be put back to work.
Personal holding & investment platform
Danocap invests where technology meets real-world operations.
Danocap is the personal holding and investment platform of Ahmed Mhiri, founder of TravelCar and CEO of Free2move. Active since 2019, Danocap backs founders, funds and long-term opportunities across technology, mobility, SaaS, AI, logistics and operational businesses.
Ahmed Mhiri
Franco-Tunisian entrepreneur, CEO and investor. Founder of TravelCar, CEO of Free2move, founder of Danocap.
The arc
From founder to CEO to investor.
Ahmed Mhiri founded TravelCar, scaled it across more than 60 countries and led it through its acquisition by PSA Group, now Stellantis. As CEO of Free2move, he has led a major phase of integration, turnaround, M&A, carve-outs and strategic transformation, culminating in Free2move’s sale by Stellantis to Mutares.
That experience spans the full company lifecycle: founding, fundraising, international scaling, industrial acquisition, post-acquisition integration, corporate carve-outs, operational turnaround and private equity transition. Danocap invests from that vantage point.
Full-cycle company builder
Seven phases most founders never see.
Creation, scale, industrial exit, corporate integration, transformation, private equity transition — and now capital.
Scaled
More than 60 countries and over a million users, with partnerships across airports, car parks and mobility operators.
Sold
Acquired by PSA Group, now Stellantis, in 2019 — an industrial exit rather than a financial one.
Integrated
Post-acquisition integration inside a global automotive group: product, technology, operations and governance.
Transformed
As CEO of Free2move: M&A, carve-outs, operational discipline and profitability after a major turnaround.
Transitioned
Free2move’s strategic sale by Stellantis to Mutares, opening a new chapter under private equity ownership.
Investing
Danocap: 50+ startups, LP positions in 10+ funds, and selected board and advisory work.
Track record
Numbers behind the story.
A decade of building, scaling and operating technology-enabled mobility businesses.
$25M+
Raised at TravelCar
60+
Countries reached
1M+
TravelCar users
12,000+
Connected vehicles deployed
300M+
Transactions processed
40+
Currencies supported
50+
Startup investments
10+
VC & PE funds as LP
Investment focus
Where technology creates leverage.
Danocap backs entrepreneurs and long-term opportunities at the intersection of technology, mobility and real-world operations.
Mobility
Shared mobility, fleet services, connected vehicles, rental and subscription, parking, charging and infrastructure-light models that improve asset utilisation.
Core expertiseSaaS
Vertical software, B2B platforms, workflow tools and data products that solve operational problems.
B2B softwareAI
Applied AI in operational environments: automation, decision support, logistics, customer operations and B2B productivity.
AppliedLogistics
Asset utilisation, routing, delivery infrastructure, fleet management and supply chain optimisation.
Physical operationsMarketplaces
Supply–demand platforms, liquidity creation, trust systems, pricing and international rollout.
Managed & B2BTechnology-enabled operations
Businesses where software meets physical-world complexity: assets, people, partners, service quality, compliance and customer experience.
Where software meets executionPortfolio
Founders backed since 2019.
A selection of named investments made through Danocap — current holdings and realised exits across technology, mobility and consumer.
Explore
The full picture.
01 About Ahmed The path from cybersecurity to founder, CEO and investor. → 02 Track Record Built, scaled, sold, integrated, transformed, transitioned, invested. → 03 Investment Focus What Danocap looks at, and what it brings beyond capital. → 04 Board & Advisory Where a founder-operator-investor perspective is useful. → 05 Operating Principles Seven convictions behind how Danocap invests. → 06 Recognition Selected media coverage and industry recognition. →
Let’s talk.
For investment opportunities, fund introductions, board discussions, strategic advisory, speaking requests or media enquiries.