About Freespira
Freespira is a Healthcare company based in Danville (United States) founded in 2008. Panic disorders are treated via breathing device and mobile app. Freespira has raised $48.94 million across 7 funding rounds from investors including Kleiner Perkins, Lightspeed Venture Partners and Russell Siegelman. The company has 25 employees. Freespira offers products and services including Freespira Breathing Program and Coaching Support. Its focus areas include Life Sciences, Neurology, Medical Devices and Therapeutic Devices. Its legal entity is PALO ALTO HEALTH SCIENCES, INC. Its competitors include Headspace, aptihealth and Happify; 3 of its 3 listed competitors have raised funding.
Company details
Freespira was founded in 2008 in Danville, United States, within the health technology sector. A breathing device and accompanying mobile app are provided for managing panic disorders through a structured 4-week treatment protocol. Breathing rates are monitored by the device and relayed to the app, which delivers verbal and visual guidance to refine breathing patterns. Weekly progress data is shared with therapists for ongoing support.
- Headquarters Danville, United States
- Employees 25
- SectorsHealthcare
- Website freespira.com
- Social LinkedIn X Facebook Instagram
- Legal Name Palo Alto Health Sciences, Inc.
- Total Equity Funding$48.94M (USD)
in 7 rounds
- Latest Funding Round$22.58M (USD), Series D
Apr 2024
- InvestorsKleiner Perkins
& 4 more
- Employee Count25
Products & Services of Freespira
Freespira offers a comprehensive portfolio of products and services, including Freespira Breathing Program and Coaching Support.
FDA-cleared system for breathing exercises to reduce panic symptoms
Weekly guidance to assist with breathing therapy sessions
Funding Insights of Freespira
Freespira has successfully raised a total of $48.94M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $22.58 million completed in April 2024. 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 $48.94M
- Total Rounds 7
- Last Round Series D — $22.58M
- First Round $1.2M
(Oct 2013)
- Investors Count 5
All 7 funding rounds of Freespira 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 |
|---|---|---|---|---|---|
| Apr 2024 | $22.58M | Series D | – | – | – |
| Oct 2020 | $10M | Series C | – | Lightspeed Venture Partners | |
| Apr 2019 | $7.73M | Series B | – | – | – |
| Mar 2016 | $3.53M | Series A | – | Aphelion Capital | – |
| Mar 2015 | $3.9M | Series A | – | – | – |
| Jul 2014 | $1.6M | Debt – Conventional | – | – | – |
| Oct 2013 | $1.2M | Seed | – | – | – |
5 investors in total: 4 institutional and 1 angel.
Investors in Freespira
Freespira has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Kleiner Perkins, Lightspeed Venture Partners and Russell Siegelman.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Tech and life sciences focused VC firm investing in geographies such as the US | aphelioncapital.net | Mill Valley, United States | ||
Medvest Capital is focused on investing in medical device companies. | 2013 | medvestcap.com | Palm Beach Gardens, United States | |
RS Russell Siegelman | Angel investor, ex-Kleiner Perkins partner, Stanford lecturer, active in tech startups | unknown_2166b9f160f1464fa |
Investor details for Freespira
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of Freespira
24 people are tracked at Freespira (6 in leadership, 15 in board & advisors, 3 in team); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Joseph Perekupka | CEO | Leadership |
Miranda Wilson | Senior Director, Patient Engagement & Experience | Leadership |
Robert Cuyler | Chief Clinical Officer | Leadership |
Kate Osborne M.S., NBHWC | Director, Care Operations | Leadership |
Karl Fischer | Vice President Of Health Plan Partnerships | Leadership |
Shahan Hameed | Director, Quality and Operations | Leadership |
Steve Schwartz | Board Member | Board & advisors |
Woodrow Myers | Board Member | Board & advisors |
Michael Telch | Advisor | Board & advisors |
Donald Jones | Advisor | Board & advisors |
Solome Tibebu | Advisor | Board & advisors |
Russell Siegelman | Chairperson | Board & advisors |
Debra Reisenthel | Board Member & Founding CEO | Board & advisors |
Alan H. Spiro | Advisor | Board & advisors |
Ned Sheetz | Board Member | Board & advisors |
Amar Kendale | Advisor | Board & advisors |
Richard Montwill | Advisor | Board & advisors |
Hansa Bhargava | Advisor | Board & advisors |
Jonathan MacQuitty | Board Member | Board & advisors |
David Shulkin | Advisor | Board & advisors |
4 more people are available in the full profile.
Complete people profiles for Freespira
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Freespira
3 dated milestones of Freespira across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Freespira is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series D, of $22.6M.
Competitors of Freespira
Freespira has 3 listed competitors in our database, 3 of them funded. They include Headspace, aptihealth and Happify.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| headspace.com | 2010 | Santa Monica, United States | $178.36M | 906 | Mindfulness and mental wellness tools and services are provided. | |
| aptihealth.com | 2017 | Boston, United States | $63.3M | 187 | Provider of practice management and mental health solutions for patients, providers, and employees | |
| happify.com | 2011 | New York, United States | $122.03M | Platform for improved mental & emotional health through gamification |
Detailed competitors of Freespira
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Freespira
The website of Freespira (freespira.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▼ 15.5% vs previous month
Top companies in Fitness & Wellness Platforms
3 companies that operate in the same segment as Freespira (Fitness & Wellness Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | 969 | ||
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 180 M | 999 |
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Related news about Freespira
Complete news archive for Freespira
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Frequently Asked Questions about Freespira
Freespira was founded in 2008 and raised its 1st funding round 5 years after it was founded.
Freespira is headquartered in Danville, United States.
Freespira is a funded company, having raised a total of $48.94M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Oct 2013.
Freespira has 25 employees.
Freespira was founded in 2008 in Danville, United States, within the health technology sector. A breathing device and accompanying mobile app are provided for managing panic disorders through a structured 4-week treatment protocol. Breathing rates are monitored by the device and relayed to the app, which delivers verbal and visual guidance to refine breathing patterns. Weekly progress data is shared with therapists for ongoing support.
Freespira's top competitors include Headspace, Happify and aptihealth.
Freespira offers Freespira Breathing Program and Coaching Support.
Freespira has 5 investors. Key investors include Kleiner Perkins, Lightspeed Venture Partners, Russell Siegelman, Aphelion Capital, and Medvest Capital.
Freespira operates through Palo Alto Health Sciences, Inc..