Freede Solutions
Latest round
- Seed
Last raised
- Jan 2021
Total raised
- $1.6M
Investors
- 2
About Freede Solutions
Freede Solutions Inc.Founded in 2019 in Granite Shoals, US, Freede Solutions Inc. specializes in innovative solutions for the credit and collection sector.Freede specializes in providing advanced technological solutions for the credit and collection industry, primarily through its core offerings of communication tools that utilize artificial intelligence and personal analytics. These products enhance consumer engagement, improve collection results, mitigate risk, and reduce operating expenses for agencies and institutions. Freede’s platform includes desktop and mobile optimized channels such as chat, text, and voice assistants, facilitating 24/7 access to machine learning technologies that empower consumers to manage their debt obligations confidently. The company's client base consists of creditors and collection agencies across the United States, focused on addressing the challenges of debt resolution while ensuring compliance with all relevant federal, state, and local regulations.Freede's revenue model is founded on partnerships with creditors and collection agencies, leveraging a subscription-based structure for access to its suite of products and services. These offerings include advanced generative AI tools for communication and powerful analytics, which facilitate effective interactions between clients and consumers. Revenue is generated through these subscription fees as well as potential transaction fees linked to successful debt recovery efforts. The pricing structure is built around the comprehensive features included in the platform, allowing clients to choose packages that best suit their operational needs.Freede Solutions Inc.63 mn to enhance its product offerings and expand into new geographic markets. The company is expected to launch additional AI-driven communication tools in the coming year, aiming to improve customer experience and operational efficiency. Additionally, Freede is targeting expansion into several key markets, with a focus on states that are experiencing growth in the credit and collection sector, by the end of 2022.
Who invested in Freede Solutions
2 investors across 1 round
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Funding rounds
Seed
Jan 15, 2021
Amount
$1.6M
Investors
Questions about Freede Solutions
Who invested in Freede Solutions?
Freede Solutions has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Freede Solutions raised?
Freede Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Freede Solutions last raise money?
Freede Solutions's most recent round on record is a Seed, in Jan 2021.
What does Freede Solutions do?
Freede Solutions is a software company.
Where is Freede Solutions headquartered?
Freede Solutions is headquartered in Granite Shoals, US.
Which VCs invest in companies like Freede Solutions?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Freede Solutions's stage. Their profiles are linked below.
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