About FreedomPop
FreedomPop is a Telecommunications company based in Los Angeles (United States) founded in 2011, and was acquired by Red Pocket Mobile in June 2019. MVNO providing mobile and internet services. FreedomPop has raised $113.95 million across 8 funding rounds from investors including Intel, Axiata Group and TruConnect. Its chief executive, as recorded, is Stephen Stokols. Its website freedompop.com draws about 56 thousand monthly visits. FreedomPop offers products and services including Cell Phone Plans and Mobile Phones. Its focus areas include Telecom, Telecom Operators, Cellular and MVNO. Its competitors include Gigsky, Consumer Cellular and US Mobile; 2 of its 3 listed competitors have raised funding.
Company details
FreedomPop provides mobile and internet services. It offers limited buckets of free voice, text and data, encouraging its users to buy value-added services such as additional data, a local global hotspot and local numbers from some countries that can be used to receive calls in other markets. It offers service on Sprints network in the U.S. and recently expanded its European business with more than two dozen network operators. It is planning to expand its services in Asia and Latin America. It has recently raised 50M to provide a global hotspot and roaming SIM to its customers.
- Headquarters Los Angeles, United States
- Stage Acquired
- SectorsTelecommunications
- Website category Computers Electronics and Technology · Telecommunications
- Website freedompop.com
- Social LinkedIn X Facebook Instagram Threads
- Acquired by Red Pocket Mobile (Jun 2019)
- Total Equity Funding$113.95M (USD)
in 8 rounds
- Latest Funding Round$50M (USD), Series C
Jan 2016
- InvestorsIntel
& 9 more
- Acquired by
Products & Services of FreedomPop
FreedomPop offers a comprehensive portfolio of products and services, including Cell Phone Plans and Mobile Phones.
Affordable plans with unlimited talk, text, and various data options.
Smartphones compatible with service plans for communication needs.
Funding Insights of FreedomPop
FreedomPop has successfully raised a total of $113.95M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in January 2016. 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 $113.95M
- Total Rounds 8
- Last Round Series C — $50M
- First Round $4.5M
(Jul 2012)
- Investors Count 8
All 8 funding rounds of FreedomPop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2016 | $50M | Series C | – | – | |
| Nov 2015 | Series B | – | Intel | – | |
| Jul 2015 | $10M | Series B | – | – | |
| Jun 2015 | $36M | Series B | – | Partech Partners | |
| Feb 2015 | $4.1M | Series A | – | – | – |
| Jul 2013 | $5.05M | Series A | – | – | |
| Feb 2013 | $4.3M | Series A | – | – | |
| Jul 2012 | $4.5M | Series A | – | Mangrove Capital Partners, DCM Ventures | – |
10 investors in total: 10 institutional.
Investors in FreedomPop
FreedomPop has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Intel, Axiata Group and TruConnect.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
LetterOne is engaged in long-term investments across key sectors. | letterone.com | London, United Kingdom | ||
Tech-focused seed, early, and mid-stage VC investments are made globally. | dcm.com | Menlo Park, United States | ||
Venture capital is provided to global tech startups and scale-ups. | 1982 | partechpartners.com | Paris, France | |
Venture capital investments are directed toward tech sectors. | mangrove.vc | Luxembourg, Luxembourg | ||
Tech-based companies are invested in by Atomico venture capital fund. | 2006 | atomico.com | London, United Kingdom | |
Semiconductor ICs and microprocessors are designed and manufactured. | 1968 | intel.com | Santa Clara, United States | |
Telecommunication services are provided by Axiata Group across Asia. | 1992 | axiata.com | Kuala Lumpur, Malaysia | |
Digital agency services are delivered from Amsterdam since 2003. | 2003 | weareyou.com | Amsterdam, Netherlands | |
Mobile services are provided by TruConnect as a U.S.-based MVNO. | 2011 | truconnect.com | Los Angeles, United States | |
Provides reliable mobile telecom services for connectivity. | 2006 | redpocket.com | Los Angeles, United States |
Investor details for FreedomPop
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of FreedomPop
1 people are tracked at FreedomPop (1 in leadership).
| Name | Role | Group |
|---|---|---|
Stephen Stokols | CEO | Leadership |
Complete people profiles for FreedomPop
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of FreedomPop
5 dated milestones of FreedomPop across 8 years, from founding to its latest funding, stage changes and deals.
- Founded FreedomPop is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Series C, of $50.0M.
- Exit Acquired by TruConnect.
- Exit Acquired by Red Pocket Mobile.
Competitors of FreedomPop
FreedomPop has 3 listed competitors in our database, 2 of them funded. They include Gigsky, Consumer Cellular and US Mobile.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gigsky.com | 2010 | Palo Alto, United States | $24.9M | 48 | Roaming data services for travellers | |
| consumercellular.com | 1995 | Portland, United States | 1,427 | No-contract cellular services are offered to US consumers. | ||
| usmobile.com | 2014 | Stamford, United States | $11.5M | Customizable prepaid wireless plans are provided by US Mobile MVNO. |
Detailed competitors of FreedomPop
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of FreedomPop
The website of FreedomPop (freedompop.com) receives about 55.8K visits a month and ranks #489,272 among all websites worldwide, #2,792 in Telecommunications.
- Monthly visits55.8K
▼ 7.5% vs previous month
- Unique visitors34.4K
per month
- Global rank#489,272
among all websites
- Category rank#2,792
Computers Electronics and Technology · Telecommunications
- Bounce rate36%
- Pages per visit3.0
- Average visit1 min 17 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with FreedomPop. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| phonescoop.com | 100% | #261,885 | View details | ||
| doro.com | 87% | 272.6K | #148,034 | View details | |
| breede.co.za | 74% | View details | |||
| ranchwireless.com | 74% | #6,385,720 | View details | ||
| millenicom.com | 74% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for FreedomPop
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- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Freedompop
Complete news archive for FreedomPop
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Frequently Asked Questions about FreedomPop
FreedomPop was founded in 2011 and raised its 1st funding round 1 year after it was founded.
FreedomPop is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Stephen Stokols is the CEO of FreedomPop, as recorded in our data.
FreedomPop is a funded company, having raised a total of $113.95M across 8 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Jul 2012.
FreedomPop provides mobile and internet services. It offers limited buckets of free voice, text and data, encouraging its users to buy value-added services such as additional data, a local global hotspot and local numbers from some countries that can be used to receive calls in other markets. It offers service on Sprints network in the U.S. and recently expanded its European business with more than two dozen network operators. It is planning to expand its services in Asia and Latin America. It has recently raised 50M to provide a global hotspot and roaming SIM to its customers.
FreedomPop's top competitors include Consumer Cellular, Gigsky and US Mobile.
FreedomPop offers Cell Phone Plans and Mobile Phones.
FreedomPop has 10 investors. Key investors include Intel, Axiata Group, TruConnect, Partech Partners, and Atomico.
Yes. FreedomPop was acquired by Red Pocket Mobile in June 2019.