Freedom Innovations

Irvine, United States Founded: 2002 • Age: 24 yrs Acquired By Proteor
Lower limb prosthetic solutions are developed for amputees.

About Freedom Innovations

Freedom Innovations is a company based in Irvine (United States) founded in 2002 was acquired by Proteor in December 2020.. Freedom Innovations operates in a competitive market with competitors including WeWALK, BionicM, REEV, Instalimb and SensArs, among others.

  • Headquarter Irvine, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Proteor

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Proteor

    & 1 more

    (Dec 11, 2020)

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People of Freedom Innovations
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Craig Phipps
Supply Chain Manager
People
Jacqueline Phillips
Regional Sales Manager
People
Carey Jewell
Accounting Manager

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Funding Insights of Freedom Innovations

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2008 Amount Private Equity Round - Freedom Innovations 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 Freedom Innovations

Freedom Innovations has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Proteor, Telegraph Hill Partners and Ottobock. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on life science, medical device and healthcare companies
Founded Year Domain Location
Ottobock is focused on mobility solutions through medical devices.
Founded Year Domain Location
Prostheses and orthoses devices are developed for orthopedic supports.
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 Freedom Innovations

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 - Freedom Innovations

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

Freedom Innovations Comparisons

Employees
+
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Competitors of Freedom Innovations

Freedom Innovations 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 WeWALK, BionicM, REEV, Instalimb and SensArs, 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
Smart cane solutions are provided for visually impaired users.
domain founded_year HQ Location
Prosthetic legs assisting knee and ankle movements are developed.
domain founded_year HQ Location
AI-powered exoskeletons and gait tools are developed for mobility recovery.
domain founded_year HQ Location
Customized 3D-printed prosthetics for leg amputees are developed.
domain founded_year HQ Location
Hybrid neuroprosthetic device is developed for sensory nerve stimulation.
domain founded_year HQ Location
Orthopedic bracing and support products are developed and sold.
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 Freedom Innovations

Frequently Asked Questions about Freedom Innovations

When was Freedom Innovations founded?

Freedom Innovations was founded in 2002 and raised its 1st funding round 6 years after it was founded.

Where is Freedom Innovations located?

Freedom Innovations is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

What does Freedom Innovations do?

Founded in 2002 and based in Irvine, United States, Freedom Innovations operates in the medical prosthetics sector. Lower limb solutions, such as prosthetic feet, knees, ankles, liners, adapters, and accessories, are produced. The Pliè 3 Knee serves as a microprocessor-controlled option. Twenty-five patents have been issued, with 20 product brands distributed across more than 40 countries.

Who are the top competitors of Freedom Innovations?

Freedom Innovations's top competitors include BionicM, WeWALK and REEV.

Who are Freedom Innovations's investors?

Freedom Innovations has 3 investors. Key investors include Proteor, Telegraph Hill Partners, and Ottobock.

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