What is Freed?
Freed offers tailor-made debt relief solutions for individuals overwhelmed by debt, aiming to guide them toward financial freedom. The company's approach involves personalized consultations with Debt Counselors who assess unique financial situations to determine the suitability of their debt settlement program. This program is designed to help clients resolve their debts faster and achieve significant savings, ultimately empowering them to overcome financial challenges and regain control of their finances.
How much funding has Freed raised?
Freed has raised a total of $10.3M across 2 funding rounds:
Other Financing Round
$2.8M
Other Financing Round
$7.5M
Other Financing Round (2022): $2.8M with participation from Hyderabad Angels, Lead Angels, Chandigarh Angels Network, Multiply Ventures, and Inflection Point Ventures
Other Financing Round (2024): $7.5M led by Sorin Investments
Key Investors in Freed
Sorin Investments
Sorin Investments is an emerging funding investor that focuses on early-stage tech start-ups in India, aiming to transform them into global solutions. The company supports founders who are addressing real-world problems by providing capital and practical assistance through their extensive networks and expertise.
Hyderabad Angels
Hyderabad Angels is an investment firm that focuses on empowering early-stage companies globally, particularly in India and the USA. They specialize in seed-stage investments for emerging tech startups and seed plus funding for growth-stage companies.
Lead Angels
Lead Invest is a SEBI-registered AIF VC Fund that specializes in providing investment opportunities in high-growth startups. The company caters to high-net-worth individuals (HNWIs) by offering a diversified portfolio ranging from seed funding to unlisted shares.
What's next for Freed?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Freed. This capital infusion is expected to fuel expansion initiatives, enhance service offerings, and potentially broaden the company's market reach. Freed's focus on empowering individuals through debt relief solutions positions it for continued development in the financial services sector, with strategic backing likely aimed at scaling operations and solidifying its market position.
See full Freed company page
