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
- SectorsTechnology
- Website category Finance · Financial Planning and Management
- Email••••••••
- Website freee.co.jp
- Social LinkedIn X Facebook YouTube
- Legal Name Free Co., Ltd
- Total Equity Funding$143.33M (USD)
in 8 rounds
- Latest Funding Round$60M (USD), Series E
Aug 2018
- InvestorsNippon Life Insurance
& 10 more
- Investments & Acquisitions
Apps and channels of freee
freee publishes 1 mobile app with over 500K+ downloads; its YouTube channel freee（フリー）【公式】 has 48.9K subscribers and 30 videos.
Videos from freee
The most watched videos on freee's YouTube channel, freee（フリー）【公式】 (48.9K subscribers). Click a video to play it here.
More on freee（フリー）【公式】.
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 $143.33M
- Total Rounds 8
- Last Round Series E — $60M
- First Round $595,400
(Dec 2012)
- Investors Count 11
All 8 funding rounds of freee 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 |
|---|---|---|---|---|---|
| Aug 2018 | $60M | Series E | – | LINE, MUFG | – |
| Dec 2016 | $28.54M | Series D | – | DCM Ventures, SBI Investment | – |
| Dec 2015 | $7.5M | Series C | – | SBI Investment | – |
| Aug 2015 | $30M | Series C | – | DCM Ventures, Recruit Group | – |
| Sep 2014 | $6M | Series B | – | Pavilion Capital Partners, Recruit Group | – |
| Apr 2014 | $8M | Series B | – | DCM Ventures, Headline | – |
| Jul 2013 | $2.7M | Series A | – | DCM Ventures, Headline | – |
| Dec 2012 | $595,400 | Seed | – | DCM Ventures | – |
11 investors in total: 11 institutional.
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 |
|---|---|---|---|---|
Tech-focused seed, early, and mid-stage VC investments are made globally. | – | dcm.com | Menlo Park, United States | |
Venture capital funds are managed to support unlisted companies' growth. | – | sbinvestment.co.jp | Minato City, Japan | |
Early-stage tech startups are funded by corporate-backed Salesforce Ventures. | – | salesforceventures.com | San Francisco, United States | |
Growth-stage companies are invested in by this venture capital fund. | – | pavilioncapital.com | New York, United States | |
Investments are made in early-stage tech startups across multiple sectors. | – | headline.com | San Francisco, United States | |
Messaging app with voice calls | 2000 | line.me | Shinjuku City, Japan | |
Multiple sectors are advised through specialized finance teams. | – | mufgcampus.com | Chiyoda-ku, Japan | |
Life insurance company | 1889 | nissay.co.jp | Osaka, Japan | |
- | – | nissho-ele.co.jp | - | |
Provides investment management and consulting services for clients. | 1984 | chibagincapital.co.jp | Chiba, Japan |
Investor details for freee
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of freee
16 people are tracked at freee (6 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Daisuke Sasaki | CEO & Co-founder | Leadership |
Yui Hayama | Chief Technology Officer At Sweeep | Leadership |
Yuki Karino | Head Of Sales, Marketing, Success, And Business Development | Leadership |
Pramendra Gupta | Head Of Engineering, Global Team | Leadership |
Kazufumi Nishita | Head Of SMB Business Strategy | Leadership |
Junichi Kawai | Chief Of Staff | Leadership |
Issey Ong | Business Strategy & Planning | Team |
Andre Elder | App Developer | Team |
Ryota Ikezawa | Senior Architect, Full Stack Engineer | Team |
Keiichiro Soeda | Engineering Manager | Team |
Yushi Nakatsuka | Demand Generation Manager | Team |
Antony Mwathi | Engineering Manager | Team |
Hiroyuki Yokota | Senior Presales Specialist/sales Ops | Team |
Kenta Fujiwara | Planning Specialist At Customer Success Division | Team |
Tatsuya Hatanaka | Engineering Manager & Product Manager | Team |
Pedro Buigas | Software Engineer | Team |
Complete people profiles for freee
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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 | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based inventory management app is provided for warehouses and stores. | logikura.jp | Minato, Japan | 2017 | Mar 2026 | •••• |
Complete acquisition details for freee
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of freee
5 dated milestones of freee across 14 years, from founding to its latest funding, stage changes and deals.
- Founded freee is founded.
- Funding First funding round of $595K.
- Funding Latest funding round, Series E, of $60.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Logikura.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. | |
| clear.in | 2011 | Bengaluru, India | $140.42M | – | Technology-enabled accounting and finance solutions are offered for SMBs. | |
| freeagent.com | 2007 | Edinburgh, United Kingdom | $21.89M | 264 | Cloud-based accounting software is provided for small businesses and freelancers. | |
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. | |
| found.com | 2019 | San Francisco, United States | $118.75M | 35 | Accounting and bookkeeping solutions are provided for small businesses. | |
| myob.com | 1991 | Cremorne, Australia | – | – | Cloud-based accounting and ERP software is provided for businesses. |
Detailed competitors of freee
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of freee
The website of freee (freee.co.jp) receives about 27.8M visits a month and ranks #1,015 among all websites worldwide, #50 in Financial Planning and Management.
- Monthly visits27.8M
▲ 2.8% vs previous month
- Unique visitors4.3M
per month
- Global rank#1,015
among all websites
- Category rank#50
Finance · Financial Planning and Management
- Bounce rate32%
- Pages per visit13.9
- Average visit16 min 22 sec
- DevicesDesktop 81% · Mobile 19%
Websites whose visitors overlap most with freee. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
kyoukaikenpo.or.jp | kyoukaikenpo.or.jp | 100% | – | – | – |
| smbc-card.com | 95% | – | #1,663 | View details | |
| sevenbank.co.jp | 90% | 3.6M | #13,923 | View details | |
| kyotobank.co.jp | 88% | 660.2K | #77,049 | View details | |
| smbc.co.jp | 88% | 23.3M | #1,708 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for freee
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Freee
Complete news archive for freee
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to freee
10 companies that operate in the same segment as freee (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.06 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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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 Seed of $595.4K, raised on Dec 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.
freee operates through Free Co., Ltd.
Yes. freee publishes 確定申告はfreee会計ソフト 青色申告＆白色申告, with over 500,000 downloads.
The website of freee receives about 27.8 million visits a month and ranks #1,015 among all websites worldwide.