How Much Did Freedom Mobility Raise?
Funding & Key Investors

Freedom Mobility has successfully secured a significant capital injection, bringing its cumulative financial backing to $422K. This latest round, characterized as a major strategic investment of $272K, underscores the firm's robust position within the specialized healthcare equipment sector. By leveraging this influx of liquidity, the organization is well-positioned to solidify its operational footprint and expand its reach in the complex rehabilitation technology market.

What is Freedom Mobility?

Freedom Mobility
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Freedom Mobility operates at the intersection of medical device innovation and personalized patient care, specializing in the provision of advanced power and manual wheelchair solutions. As a provider of complex rehab technology, the company distinguishes itself through a high-touch service model, utilizing RESNA-Certified Assistive Technology Professionals to deliver bespoke mobility consultations. Their market focus is primarily centered on Northern and Central California, where they address the critical needs of individuals navigating congenital disorders, neuromuscular conditions, and post-injury recovery. By integrating clinical expertise with high-performance hardware, Freedom Mobility enhances the independence and quality of life for a diverse patient demographic, establishing itself as a vital link in the regional healthcare supply chain.

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

What's next for Freedom Mobility?

With the successful closure of this late-stage financing, Freedom Mobility is poised to scale its service infrastructure and potentially broaden its geographic service area. The strategic allocation of this capital will likely prioritize the enhancement of their supply chain capabilities and the integration of next-generation assistive technologies into their existing product portfolio. As the company transitions into this next phase of growth, the focus will remain on maintaining high standards of clinical compliance while optimizing operational efficiencies to meet the rising demand for specialized mobility solutions. This trajectory suggests a long-term commitment to market leadership in the assistive technology space, supported by a solid foundation of institutional backing.

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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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