How Much Did Freedom Mobility Raise?
Funding & Key Investors

Freedom Mobility, a provider of power and manual wheelchair solutions, has secured significant capital, with its total funding reaching $422K. The company recently announced a major strategic investment of $272K, underscoring its position in the complex rehab technology market. This latest financing round signifies a pivotal moment for the company as it continues to expand its reach and enhance its product offerings.

What is Freedom Mobility?

Freedom Mobility
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Freedom Mobility specializes in providing advanced power and manual wheelchair solutions, with a particular emphasis on complex rehab technology designed to significantly improve mobility for individuals facing diverse medical conditions. The company distinguishes itself through its team of RESNA-Certified Assistive Technology Professionals who offer personalized consultations. These experts guide clients in selecting the most appropriate mobility devices, meticulously tailored to their unique needs and medical profiles. Serving clients across Northern and Central California, Freedom Mobility supports individuals with congenital disorders, neuromuscular diseases, and those undergoing recovery from injuries. Their core mission is to elevate the quality of life for their clientele by delivering customized mobility products complemented by expert, ongoing support.

How much funding has Freedom Mobility raised?

Freedom Mobility has raised a total of $422K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$272K

Debt (2020): $150K with participation from PPP

Debt (2021): $272K led by PPP

Key Investors in Freedom Mobility

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Freedom Mobility?

The substantial backing, indicated by $422K in total capital raised and the recent $272K strategic investment, positions Freedom Mobility for accelerated growth and innovation. This late-stage funding context suggests the company is likely focused on scaling its operations, expanding its market penetration within California and potentially beyond, and further developing its suite of complex rehab technology. Future strategic initiatives may include enhancing its direct-to-consumer channels, forging new partnerships with healthcare providers, and investing in research and development to introduce next-generation mobility solutions. The company's commitment to personalized care and expert support remains a key differentiator as it navigates this expansion phase.

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Frequently Asked Questions Regarding Freedom Mobility Financial Insights

What are the most recent funding rounds that Freedom Mobility has completed, and what were the funding rounds?
Freedom Mobility has recently completed 2 funding rounds: Debt on Mar 17, 2021, Debt on May 1, 2020.
What is the total amount of funding Freedom Mobility has raised to date?
Freedom Mobility has raised a total of $422K in funding to date.
How many funding rounds has Freedom Mobility completed?
Freedom Mobility has completed 2 funding rounds.
How much funding did Freedom Mobility raise in its most recent funding round?
Freedom Mobility raised $272K in its most recent funding round.
Who are the lead investors in Freedom Mobility's latest funding round?
The lead investor in Freedom Mobility's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Freedom Mobility's history?
The largest funding round in Freedom Mobility's history was $272K.
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