About FreeD Group
FreeD Group is a company based in Hong Kong (China) founded in 2015 by Kenneth Lee, Wenbin WANG, and Abel Zhao. FreeD Group has raised $15 million across 2 funding rounds from investors including Daiwa Securities Group, Musketeer Capital and Linear Capital. FreeD Group has completed 1 acquisition, including Connexus Travel. FreeD Group offers products and services including Marketplace Platform, Messaging, Corporate Service Solutions, Advertising Services, and Enterprise D2C EPOS Solution. FreeD Group operates in a competitive market with competitors including Klaviyo, Elastic Path Software, Global-e, CommerceIQ and Bango, among others.
- Headquarter Hong Kong, China
- Founders Kenneth Lee, Wenbin WANG, Abel Zhao
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Sectors
Business ServicesTechnology Retail
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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
$15 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Daiwa Securities Group
& 7 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of FreeD Group
FreeD Group offers a comprehensive portfolio of products and services, including Marketplace Platform, Messaging, Corporate Service Solutions, Advertising Services, and Enterprise D2C EPOS Solution.
Enables creation of e-commerce marketplaces for global sellers
Automates customer support via rich chat services
Modernizes corporate travel and employee wellness programs
Optimizes SEO and paid campaigns for traffic generation
Facilitates direct online ordering and delivery with analytics
Funding Insights of FreeD Group
FreeD Group has successfully raised a total of $15M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(28 Jun 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series B - FreeD Group | Valuation | Linear Venture | |
| Jun, 2022 | Amount | Series B - FreeD Group | Valuation | Daiwa Securities Group , ACA Investments |
Investors in FreeD Group
FreeD Group has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Daiwa Securities Group, Musketeer Capital and Linear Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward early, mid, and later-stage companies.
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Founded Year | Domain | Location | |
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Linear Capital is recognized as a frontier tech investment fund.
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Founded Year | Domain | Location | |
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A corporation focused on fostering innovation and technology ecosystems.
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Founded Year | Domain | Location |
Investments & Acquisitions by FreeD Group
FreeD Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Connexus Travel.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of travel program, hotel reservation, air ticket booking, and car rental services
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1948 |
Financial Statements - FreeD Group
Freed Group Comparisons
Competitors of FreeD Group
FreeD Group 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 Klaviyo, Elastic Path Software, Global-e, CommerceIQ and Bango, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS email marketing solutions are offered to e-commerce businesses.
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| domain | founded_year | HQ Location |
API-based enterprise commerce and content management platform is delivered.
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| domain | founded_year | HQ Location |
Software solutions for cross-border e-commerce industries are provided.
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| domain | founded_year | HQ Location |
Marketing solutions for e-commerce businesses are provided by Bango.
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| domain | founded_year | HQ Location |
Cloud-based marketing platform for e-tailers
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Frequently Asked Questions about FreeD Group
FreeD Group was founded in 2015 and raised its 1st funding round 7 years after it was founded.
FreeD Group is headquartered in Hong Kong, China.
FreeD Group is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Jun 28, 2022.
FreeD Group was founded in 2015 in Hong Kong, China, within the technology sector. Digital transformation and commerce enablement services are delivered to enterprises through a comprehensive suite of tools. Customers and employees are engaged, retained, and monetized using these solutions. Artificial intelligence, big data, and machine learning are utilized to support operations, with focus on engagement strategies and revenue expansion.
FreeD Group's top competitors include Klaviyo, CommerceIQ and Yotpo.
FreeD Group offers Marketplace Platform, Messaging, Corporate Service Solutions, Advertising Services, and Enterprise D2C EPOS Solution.
FreeD Group has made 1 acquisition, including Connexus Travel.
FreeD Group has 8 investors. Key investors include Daiwa Securities Group, Musketeer Capital, Linear Capital, Chinachem Group, and Hong Kong Science & Technology Parks Corporation.