About Frec
Frec is a company based in San Francisco (United States) founded in 2021 by Mo Al Adham. Frec has raised $26.4 million across 1 funding round from investors including Social Leverage and Greylock Partners. The company has 16 employees as of December 31, 2024. Frec offers products and services including Direct Indexing Platform and Tax Loss Harvesting Tool. Frec operates in a competitive market with competitors including Taxfyle, Tidal Financial Group, TurboAppeal, YieldX and SPAN Enterprises, among others.
- Headquarter San Francisco, United States
- Employees 16 as on 31 Dec, 2024
- Founders Mo Al Adham
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Frec Markets, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$26.4 M (USD)
in 1 rounds
-
Latest Funding Round
$26.4 M (USD), Series A
Oct 03, 2023
-
Investors
Social Leverage
& 1 more
-
Employee Count
16
as on Dec 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Frec
Frec offers a comprehensive portfolio of products and services, including Direct Indexing Platform and Tax Loss Harvesting Tool.
Platform for passive index investing with tax savings
Automated tool to capture tax losses in investments
People of Frec
Unlock access to complete
Funding Insights of Frec
Frec has successfully raised a total of $26.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $26.4 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Frec
Frec has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Social Leverage and Greylock Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm specializing in early-stage tech investments and founder support.
|
Locked | Locked | Locked | |
|
Venture capital firm and fund of funds focused on fintech, Adtech, and multiple sectors
|
Locked | Locked | Locked |
Investor details for Frec
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Frec
Investment portfolio details for Frec
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Frec
Detailed financials for Frec
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Frec Comparisons
Peer comparison for Frec
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Frec
Frec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Taxfyle, Tidal Financial Group, TurboAppeal, YieldX and SPAN Enterprises, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Online tax filing services are offered for individuals and businesses.
|
|
| Locked | Locked | Locked |
Tidal Financial Group is recognized for ETF platform services.
|
|
| Locked | Locked | Locked |
Oline platform for preparing and filing residential property tax appeals.
|
|
| Locked | Locked | Locked |
Portfolio management solutions are offered for fixed income wealth managers.
|
|
| Locked | Locked | Locked |
Develops and supports IRS e-filing and business management software products.
|
Detailed competitors of Frec
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Frec
Complete news archive for Frec
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Frec
Frec was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Frec is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Mo Al Adham is the current CEO of Frec. They have also founded this company.
Frec is a funded company, having raised a total of $26.4M across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at Frec is 16.
Frec was established in 2021 in San Francisco, United States, by Mo Al Adham, who serves as founder and CEO. Margin lending services are offered within the fintech sector, focusing on credit extensions for investment purposes. Operations are centered in the U.S., supporting users with borrowing options tied to securities. The company maintains a base in the financial services landscape, emphasizing structured lending practices.
Frec's top competitors include Taxfyle, Tidal Financial Group and YieldX.
Frec offers Direct Indexing Platform and Tax Loss Harvesting Tool.
Frec has 2 investors. Key investors include Social Leverage, and Greylock Partners.