About Freeco
Freeco is a company based in Turku (Finland) founded in 2011 was acquired by DFDS in December 2019.. Freeco operates in a competitive market with competitors including DP World, DSV, DHL, SEKO Logistics and Allcargo Logistics, among others.
- Headquarter Turku, Finland
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Funding Insights of Freeco
| 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 Freeco
Freeco has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DFDS. 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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European shipping and logistics company
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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 Freeco
| 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 - Freeco
| 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 |
Freeco Comparisons
Competitors of Freeco
Freeco 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 DP World, DSV, DHL, SEKO Logistics and Allcargo Logistics, 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 |
Freight forwarding and maritime logistics services are provided globally.
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| domain | founded_year | HQ Location |
Global provider of transport and logistics services
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| domain | founded_year | HQ Location |
Global logistics service provider
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| domain | founded_year | HQ Location |
Global freight forwarding and logistics solutions are provided worldwide.
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| domain | founded_year | HQ Location |
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
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| domain | founded_year | HQ Location |
Diversified freight forwarding services are provided on a global scale.
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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 Freeco
When was Freeco founded?
Freeco was founded in 2011.
Where is Freeco located?
Freeco is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.
What does Freeco do?
Freeco was founded in 2011 in Turku, Finland, within the logistics sector. Transportation services are managed for various logistics needs, with operations centered in the Finnish market. The company focuses on efficient delivery solutions, supported by its domain freeco.fi. Geographic emphasis remains on regional activities, ensuring reliable service coverage across Finland.
Who are the top competitors of Freeco?
Freeco's top competitors include DHL, Allcargo Logistics and SEKO Logistics.
Who are Freeco's investors?
Freeco has 1 investor. Key investors include DFDS.
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