Freewill

Jaipur, India Founded: 2018 • Age: 8 yrs
Personalized shampoos and conditioners are offered via online assessments.
Annual revenue $22.6M Latest available
Total funding $13.1M 2 rounds
Employees 580 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Uprising Science Private Limited
  • Date of Incorporation 03 May, 2018
  • Jurisdiction Jaipur, Rajasthan, India
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $22.61 M (USD)
    67.91
    as on Mar 31, 2023
  • Net Profit
    $620.48 K (USD)
    -67.45
    as on Mar 31, 2023
  • EBITDA
    $593.87 K (USD)
    -73.5
    as on Mar 31, 2023
  • Total Equity Funding
    $13.11 M (USD)

    in 2 rounds

  • Latest Funding Round
    $11.1 M (USD), Series A

    Jul 23, 2021

  • Investors
    Surge

    & 2 more

  • 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.

Primary

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 Rounds 2
  • Last Round Series A — $11.1M
  • 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Acceleration is provided to startups across multiple sectors by Surge.
Founded Year Domain Location
Corporate-backed venture capital firm focused on consumer tech and multiple sectors
Founded Year Domain Location
Investments in women-led US companies are made by SCI Ventures.
Founded Year Domain Location

Investments & Acquisitions by Freewill

Investments

Financial Statements - Freewill

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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.

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