About FreedomPop
FreedomPop is a company based in Los Angeles (United States) founded in 2011 was acquired by Red Pocket Mobile in June 2019. FreedomPop has raised $113.95 million across 8 funding rounds from investors including Intel, Axiata Group and TruConnect. FreedomPop offers products and services including Cell Phone Plans and Mobile Phones. FreedomPop operates in a competitive market with competitors including MasMovil, Circles.Life, Vodacom, Gigsky and Amaysim, among others.
- Headquarter Los Angeles, United States
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Sectors
Telecommunications
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$113.95 M (USD)
in 8 rounds
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Latest Funding Round
$50 M (USD), Series C
Jan 20, 2016
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Investors
Intel
& 9 more
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Employee Count
Not available
- Acquired by
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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.
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.
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LetterOne is engaged in long-term investments across key sectors.
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Venture capital is provided to global tech startups and scale-ups.
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Investor details for FreedomPop
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Investments & Acquisitions by FreedomPop
Investment portfolio details for FreedomPop
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - FreedomPop
Detailed financials for FreedomPop
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Freedompop Comparisons
Peer comparison for FreedomPop
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of FreedomPop
FreedomPop 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 MasMovil, Circles.Life, Vodacom, Gigsky and Amaysim, among others.
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Mobile internet, calling, and telecommunications services are provided across Spain.
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Data-focused mobile plans are provided by online MVNO Circles.Life.
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Mobile telecommunication services are provided by Vodacom in South Africa.
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Roaming data services for travellers
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Mobile phone services are provided by Amaysim in Australia.
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Mobile telecommunication services provider
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Detailed competitors of FreedomPop
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Freedompop
Complete news archive for FreedomPop
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 current CEO of FreedomPop.
FreedomPop is a funded company, having raised a total of $113.95M across 8 funding rounds to date.
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 MasMovil, Circles.Life and Consumer Cellular.
FreedomPop offers Cell Phone Plans and Mobile Phones.
FreedomPop has 10 investors. Key investors include Intel, Axiata Group, TruConnect, Partech Partners, and Atomico.