Free Form Factory

Sacramento, United States Founded: 2015 • Age: 11 yrs Acquired By Nikola Motor
Developer of electric jet ski

About Free Form Factory

Free Form Factory is a company based in Sacramento (United States) founded in 2015 was acquired by Nikola Motor in November 2017.. Free Form Factory has raised $500 thousand across 1 funding round from investors including Nikola Motor. Free Form Factory operates in a competitive market with competitors including Pure Watercraft, Arc Boats, Saildrone, Fleetzero and Sceye, among others.

  • Headquarter Sacramento, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Maritime, Ports & Shipping
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $500 K (USD)

    in 1 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    May 30, 2017

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Nikola Motor

    (Nov 09, 2017)

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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

Funding Insights of Free Form Factory

Free Form Factory has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in May 2017. 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 Rounds 1
  • Last Round Seed — $500,000
  • First Round

    (30 May 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Seed - Free Form Factory Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Free Form Factory

Free Form Factory has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nikola Motor. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Developer of electric trucks
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Free Form Factory

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Free Form Factory

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Free Form Factory Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Free Form Factory

Free Form Factory 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 Pure Watercraft, Arc Boats, Saildrone, Fleetzero and Sceye, 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.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Electric boats and outboard motors are designed and manufactured.
domain founded_year HQ Location
Electric ships are designed and manufactured using marine-grade aluminium.
domain founded_year HQ Location
Developer of autonomous unmanned surface vehicle
domain founded_year HQ Location
Modular electric cargo ships are built by Fleetzero in Houston.
domain founded_year HQ Location
Solar-powered high-altitude airships are provided for connectivity and imaging.
domain founded_year HQ Location
Developer of electric boats
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Free Form Factory

Frequently Asked Questions about Free Form Factory

When was Free Form Factory founded?

Free Form Factory was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Free Form Factory located?

Free Form Factory is headquartered in Sacramento, United States. It is registered at Sacramento, California, United States.

Is Free Form Factory a funded company?

Free Form Factory is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on May 30, 2017.

What does Free Form Factory do?

Free Form Factory was founded in 2015 in Sacramento, United States, focusing on the electric watercraft sector. Electric jet skis are designed and manufactured by the company, with drivetrains sourced from Zero Motorcycles. Products are sold exclusively through the online platform at ridefreeform.com, where purchases are completed via online payments for 7,250 per unit. Operations center on direct-to-consumer sales in the recreational marine industry.

Who are the top competitors of Free Form Factory?

Free Form Factory's top competitors include Pure Watercraft, Fleetzero and Arc Boats.

Who are Free Form Factory's investors?

Free Form Factory has 1 investor. Key investors include Nikola Motor.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available