# Freehand

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/freehand

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.freehand.ai
- Total disclosed funding: $75M
- Latest round: Series B (Jul 29, 2026)
- Investors on record: 4

## About

Based in the US, Freehand is an artificial intelligence-driven technology company that automates supply chain and procurement processes, enhancing financial transparency and operational efficiency for enterprises.Founded in 2024 and headquartered in San Francisco, US, Freehand focuses on providing advanced supply chain solutions. The company has raised USD 75.00 mn in its Series B funding round, with notable investors including Battery Ventures, NewRoad Capital Partners, Nexus Venture Partners, and PSP Partners. Freehand has completed three funding deals, achieving a current company valuation of USD 300.00 mn.Freehand specializes in supply chain and procurement solutions, primarily through its Freehand Studio platform. This platform uses artificial intelligence to automate the auditing of carrier invoices, enforce contracts, and resolve vendor disputes. It integrates with ERP systems like SAP, Oracle, and Coupa, serving clients in logistics, manufacturing, and retail across North America, Europe, and Asia-Pacific.Freehand operates on a subscription-based model, generating revenue through B2B engagements in the logistics and supply chain sectors. Clients subscribe to the Freehand Studio platform for access to auditing services, invoice management, and dispute resolution, emphasizing a recurring revenue structure for continued platform access.Freehand plans to leverage its recent Series B funding to enhance its platform and develop new features, targeting release in the upcoming year. The company aims to expand its reach into international markets, particularly in Asia and Europe, by 2025. The funding will support these growth initiatives and bolster operational capabilities.

## Funding rounds

- Series B, Jul 29, 2026, $75M — Battery Ventures, Nexus Venture Partners, PSP Partners, NewRoad Capital Partners

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series B
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series B
- PSP Partners (https://capitalatlas.ai/funds/psp-partners) — Series B
- NewRoad Capital Partners (https://capitalatlas.ai/funds/newroad-capital-partners) — Series B