What is Freed?
Freed offers bespoke debt relief solutions designed to assist individuals overwhelmed by debt. The company's core service involves connecting customers with Debt Counselors who assess unique financial situations to determine the efficacy of debt settlement programs. The objective is to facilitate faster debt resolution and achieve substantial savings for clients, ultimately empowering them to regain financial freedom. This focus on personalized debt management positions Freed as a key player in the financial wellness sector.
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 Lead Angels, Multiply Ventures, Chandigarh Angels Network, Inflection Point Ventures, and Hyderabad Angels
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.
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.
Multiply Ventures
Multiply Ventures is a thesis-driven, early-stage VC fund focused on consumer tech. Our Vision is to invest and support ambitious entrepreneurs who are embarking on launching products and services, that serve the large Indian consumption basket very early in their Journey.
What's next for Freed?
The recent enterprise-level funding and strategic investment signal a strong growth trajectory for Freed. This capital infusion is expected to fuel expansion initiatives, enhance service offerings, and potentially broaden the company's market reach. With a clear focus on empowering individuals through debt relief, Freed is poised to scale its operations and solidify its position in the financial services industry, leveraging this backing to innovate and serve a larger client base.
See full Freed company page
