About Freewill
Freewill is a company based in Jaipur (India) founded in 2018 by Mohit Yadav. Freewill has raised $13.11 million across 2 funding rounds from investors including Surge, Unilever Ventures and SCI Ventures. The company has 580 employees as of January 06, 2025. Freewill offers products and services including Order Management Service and Customer Announcement Tool.
- Headquarter Jaipur, India
- Employees 580 as on 06 Jan, 2025
- Founders Mohit Yadav
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Uprising Science Private Limited
- Date of Incorporation 03 May, 2018
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$22.61 M (USD)67.91as on Mar 31, 2023
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Net Profit
$620.48 K (USD)-67.45as on Mar 31, 2023
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EBITDA
$593.87 K (USD)-73.5as on Mar 31, 2023
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Total Equity Funding
$13.11 M (USD)
in 2 rounds
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Latest Funding Round
$11.1 M (USD), Series A
Jul 23, 2021
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Investors
Surge
& 2 more
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Employee Count
580
as on Jan 06, 2025
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Products & Services of Freewill
Freewill offers a comprehensive portfolio of products and services, including Order Management Service and Customer Announcement Tool.
Service for processing and fulfilling customer orders online.
Tool for sharing updates and handling inquiries via email.
Funding Insights of Freewill
Freewill has successfully raised a total of $13.11M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.1 million completed in July 2021. 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 2
- Last Round Series A — $11.1M
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First Round
First Round
(24 Sep 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Freewill | Valuation | SCI Ventures | |
| Sep, 2019 | Amount | Seed - Freewill | Valuation | Surge |
|
Investors in Freewill
Freewill has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Surge, Unilever Ventures and SCI Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Acceleration is provided to startups across multiple sectors by Surge.
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Founded Year | Domain | Location | |
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Corporate-backed venture capital firm focused on consumer tech and multiple sectors
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Founded Year | Domain | Location | |
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Investments in women-led US companies are made by SCI Ventures.
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Founded Year | Domain | Location |
Investments & Acquisitions by Freewill
Financial Statements - Freewill
Freewill Comparisons
Competitors of Freewill
Latest news on Freewill
Frequently Asked Questions about Freewill
Freewill was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Freewill is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Mohit Yadav is the current CEO of Freewill. They have also founded this company.
Freewill is a funded company, having raised a total of $13.11M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.02M, raised on Sep 24, 2019.
As of Jan 06, 2025, the latest employee count at Freewill is 580.
Annual revenue of Freewill is $22.61M as on Mar 31, 2023.
Freewill was founded in 2018 in Jaipur, India, as an internet-first brand in the personal care sector. Personalized shampoo and conditioner formulations are created based on user-completed hair assessments. Active ingredients such as chia seeds, acai berry, argan oil, and pea protein are selected by formulators to address specific needs. Operations focus on direct-to-consumer delivery through the companys domain.
Freewill offers Order Management Service and Customer Announcement Tool.
Freewill has 3 investors. Key investors include Surge, Unilever Ventures, and SCI Ventures.
The valuation of Freewill is $76.87M as of Jul 2021.