About Freename
Freename is a company based in Wollerau (Switzerland) founded in 2021. It operates as a B2C. Freename has raised $2.5 million across 1 funding round from investors including Sparkle Ventures, Abalone Group and GR.Ventures. Freename operates in a competitive market with competitors including Unstoppable Domains, Space Id, Handshake, DecentraWeb and Eth.id, among others.
- Headquarter Wollerau, Switzerland
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.5 M (USD)
in 1 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Sep 05, 2023
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Investors
Sparkle Ventures
& 3 more
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Employee Count
Employee Count
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Funding Insights of Freename
Freename has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in September 2023. 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 1
- Last Round Seed — $2.5M
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First Round
First Round
(05 Sep 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - Freename | Valuation | Sparkle Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Freename
Freename has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Sparkle Ventures, Abalone Group and GR.Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in Web3 projects are managed by Sparkle Ventures.
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Founded Year | Domain | Location | |
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Blockchain startups are supported by a venture capital-backed startup studio.
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Founded Year | Domain | Location | |
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Offers investment funds management, financial advisory, and planning services globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Freename
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Freename
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Freename Comparisons
Competitors of Freename
Freename 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 Unstoppable Domains, Space Id, Handshake, DecentraWeb and Eth.id, 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 |
Web3 domains are provided for crypto transactions and decentralized websites.
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| domain | founded_year | HQ Location |
An online marketplace for domain name investments is operated.
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| domain | founded_year | HQ Location |
Decentralized protocol for domain name registration and management is provided.
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| domain | founded_year | HQ Location |
Top-level domains are registered as NFTs on the Ethereum blockchain.
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| domain | founded_year | HQ Location |
Personal Web3 profiles for domain name trading are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Freename
Frequently Asked Questions about Freename
When was Freename founded?
Freename was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Freename located?
Freename is headquartered in Wollerau, Switzerland. It is registered at Wollerau, Schwyz, Switzerland.
Is Freename a funded company?
Freename is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Sep 05, 2023.
What does Freename do?
Freename, founded in 2021 in Wollerau, Switzerland, focuses on leveraging cutting-edge technology, building blockchain solutions, web3 services, and domain minting. Serves as a platform for minting Web3 domains on the blockchain securely. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Freename?
Freename's top competitors include Unstoppable Domains, Space Id and Handshake.
Who are Freename's investors?
Freename has 4 investors. Key investors include Sparkle Ventures, Abalone Group, GR.Ventures, and Blockchain Founders Fund.
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