About Freeborders
Freeborders is a company based in San Francisco (United States) founded in 1999 was acquired by Symbio in November 2013.. Freeborders has raised $29 million across 2 funding rounds from investors including Actua, Symbio and FTV Capital. Freeborders has completed 1 acquisition, including MindWorks. Freeborders operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Freeborders
Freeborders has successfully raised a total of $29M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in October 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 Series D — $20.0M
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First Round
First Round
(17 Aug 2001)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2005 | Amount | Series D - Freeborders | Valuation |
investors |
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| Aug, 2001 | Amount | Series C - Freeborders | Valuation |
investors |
| 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 |
Investors in Freeborders
Freeborders has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Actua, Symbio and FTV Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investment firm
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Founded Year | Domain | Location | |
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Cloud solutions provided to insurance, public sector, and compliance industries.
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Founded Year | Domain | Location | |
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Software development services are provided by Symbio since 1994.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Freeborders
Freeborders has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MindWorks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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ERP services are provided to businesses by MindWorks.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Freeborders
| 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 |
Freeborders Comparisons
Competitors of Freeborders
Freeborders 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 AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, 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 |
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Software development services are provided by Unicorn in Prague.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Freeborders
When was Freeborders founded?
Freeborders was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Where is Freeborders located?
Freeborders is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Freeborders a funded company?
Freeborders is a funded company, having raised a total of $29M across 2 funding rounds to date. The company's 1st funding round was a Series C of $9M, raised on Aug 17, 2001.
What does Freeborders do?
FreeBorders was founded in 1999 and is headquartered in San Francisco, United States. Offshore information technology services are delivered from operations in China, focusing on application development, maintenance, business consulting, testing, quality assurance, and technical expertise. Sectors served encompass financial services, high tech, retail and consumer goods, life sciences, pharmaceuticals, manufacturing, and telecommunications. Additional offices are operated in North America, Asia, and Europe.
Who are the top competitors of Freeborders?
Freeborders's top competitors include RedShelf, Unicorn and Hedgehog lab.
How many acquisitions has Freeborders made?
Freeborders has made 1 acquisition, including MindWorks.
Who are Freeborders's investors?
Freeborders has 3 investors. Key investors include Actua, Symbio, and FTV Capital.