About freee
freee is a company based in Tokyo (Japan) founded in 2012. freee has raised $143.33 million across 8 funding rounds from investors including Nippon Life Insurance, LINE and MUFG Campus. freee has completed 1 acquisition, including Logikura. freee operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.
- Headquarter Tokyo, Japan
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Free Co., Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$143.33 M (USD)
in 8 rounds
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Latest Funding Round
$60 M (USD), Series E
Aug 07, 2018
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Investors
Nippon Life Insurance
& 10 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of freee
freee has successfully raised a total of $143.33M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $60 million completed in August 2018. 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 8
- Last Round Series E — $60.0M
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First Round
First Round
(19 Dec 2012)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series E - freee | Valuation | LINE , MUFG |
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| Dec, 2016 | Amount | Series D - freee | Valuation | DCM Ventures , SBI Investment |
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| Dec, 2015 | Amount | Series C - freee | Valuation | SBI Investment |
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Investors in freee
freee has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Nippon Life Insurance, LINE and MUFG Campus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Founded Year | Domain | Location | |
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Venture capital funds are managed to support unlisted companies' growth.
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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Founded Year | Domain | Location |
Investments & Acquisitions by freee
freee has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Logikura.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based inventory management app is provided for warehouses and stores.
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2017 |
Financial Statements - freee
Freee Comparisons
Competitors of freee
freee 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 Intuit, Visma, Xero, Wave and FreshBooks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial and accounting software is developed for businesses and individuals.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is provided for business management across segments.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payment management is offered for small businesses.
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| domain | founded_year | HQ Location |
Web-based accounting software is offered for business use.
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| domain | founded_year | HQ Location |
Cloud-based invoicing and accounting software is offered for businesses.
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| domain | founded_year | HQ Location |
Technology-enabled accounting and finance solutions are offered for SMBs.
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Frequently Asked Questions about freee
freee was founded in 2012.
freee is headquartered in Tokyo, Japan. It is registered at Tokyo, Tokyo, Japan.
freee is a funded company, having raised a total of $143.33M across 8 funding rounds to date. The company's 1st funding round was a Series C of $7.5M, raised on Dec 19, 2012.
Freee was founded in 2012 in Tokyo, Japan, and operates in the software sector focused on financial and business management tools. Cloud-based solutions are provided for bookkeeping, payroll and labor management, financial reporting, taxation, billing and expense tracking, inventory management, and financial statement preparation. Multiple subscription plans are available based on selected features, supporting operations primarily in Japan.
freee has made 1 acquisition, including Logikura.
freee has 11 investors. Key investors include Nippon Life Insurance, LINE, MUFG Campus, DCM, and SBI Investment.