FreedomPay
Latest round
- Series E
Last raised
- Dec 2015
Total raised
- $31M
Investors
- 7
About FreedomPay
FreedomPay, Inc.Founded in 2000 in Philadelphia, US, FreedomPay, Inc. operates as a payment technology provider. The company was founded by Tom Durovsik, who has a history of previous entrepreneurial ventures.106 mn.FreedomPay specializes in providing a sophisticated payment platform designed to enhance the transaction experience across various industries. Their core offerings include a comprehensive suite of payment processing solutions that facilitate secure and seamless transactions for businesses in retail, hospitality, and e-commerce sectors. The platform supports multiple payment methods, including credit and debit cards, mobile wallets, and alternative payment options, effectively addressing the diverse needs of merchants and consumers alike. FreedomPay aims to optimize transaction speed and security, addressing the challenges of fraud and inefficiencies in payment processing.The revenue structure of FreedomPay is primarily derived from transactional fees associated with its payment processing services, which are charged to merchants based on the volume of transactions processed. The company typically engages in B2B partnerships, where it collaborates with retailers and other businesses to provide its technology solutions. Clients benefit from a tiered pricing model, which may include subscription plans for access to advanced features and analytics, in addition to transaction-based fees. Flagship services, such as FreedomPay's secure payment gateway and integrated point-of-sale solutions, play a significant role in the company's revenue generation. The company is also targeting expansion into new markets, including Europe and Asia-Pacific by 2025, to increase its global footprint.
Who invested in FreedomPay
7 investors across 7 rounds
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Funding rounds
Series E
Dec 10, 2015
Amount
$5.6M
Investors
Series D
Sep 22, 2008
Amount
$2.2M
Investors
Series D
Mar 23, 2007
Amount
$6M
Investors
Series D
May 11, 2004
Amount
$7M
Investors
Series C
Aug 27, 2003
Amount
$2.7M
Investors
Series B
Jan 3, 2002
Amount
$2M
Investors
Series B
Jan 14, 2001
Amount
$6M
Investors
Questions about FreedomPay
Who invested in FreedomPay?
FreedomPay has 7 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has FreedomPay raised?
FreedomPay has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did FreedomPay last raise money?
FreedomPay's most recent round on record is a Series E, in Dec 2015.
What does FreedomPay do?
FreedomPay is a software company.
Where is FreedomPay headquartered?
FreedomPay is headquartered in Philadelphia, US.
Which VCs invest in companies like FreedomPay?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at FreedomPay's stage. Their profiles are linked below.
VCs backing software startups at Series E
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