About Free Advice
Free Advice is a company based in Sausalito (United States) founded in 1991.. Free Advice has raised $1 million across 2 funding rounds. Free Advice operates in a competitive market with competitors including Law bank, Mootus, Taxworld, Inkozi and Spindle Research, among others.
- Headquarter Sausalito, United States
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Sectors
Professional & Legal Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Angel Round
Jan 01, 2005
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Investors
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Employee Count
Employee Count
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Funding Insights of Free Advice
Free Advice has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $500 thousand completed in January 2005. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Angel Round — $500,000
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First Round
First Round
(17 Mar 1995)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2005 | Amount | Angel Round - Free Advice | Valuation |
investors |
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| Mar, 1995 | Amount | Unspecified - Free Advice | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Free Advice
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Free Advice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Free Advice Comparisons
Competitors of Free Advice
Free Advice 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 Law bank, Mootus, Taxworld, Inkozi and Spindle Research, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Free Advice
When was Free Advice founded?
Free Advice was founded in 1991 and raised its 1st funding round 4 years after it was founded.
Where is Free Advice located?
Free Advice is headquartered in Sausalito, United States. It is registered at Sausalito, California, United States.
Is Free Advice a funded company?
Free Advice is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $500K, raised on Mar 17, 1995.
What does Free Advice do?
Free Advice was established in 1991 in Sausalito, United States, as a platform in the legal services sector. Legal inquiries from consumers are addressed by lawyers, attorneys, and specialists through a QA format. Topics covered include bankruptcy, criminal defense, divorce, personal injury, and insurance law. Users are enabled to search for attorneys in nearby locations to access professional services. Operations focus on providing clarifications without formal representation.
Who are the top competitors of Free Advice?
Free Advice's top competitors include Law bank, Taxworld and Text A Lawyer.