Freee

company

About

Freee is online accounting software that syncs with bank accounts and automatically categorizes entries to create financial reports.

  • 501 - 1000

Details

Last Funding Type
Series B
Last Funding Money Raised
$6M
Industries
Accounting,Banking,Finance,Financial Services,Software
Founded date
Jul 9, 2012
Number Of Employee
501 - 1000
Operating Status
Active

freee is automated online accounting software that syncs with your bank accounts and automatically categorise entries to create financial reports. freee was launched on Mar 19, 2013 and is offered to SMBs operating under the Japanese taxation system. It takes freemium model and its paid plan begins at 980 JPY (~10 USD) per month per business.

The company, formerly named as “CFO K.K.”, was founded in July 2012 led by Daisuke Sasaki, who previously headed up Google’s SMB marketing in Asia Pasific region. freee is the winner of Invinity Ventures Summit Launch Pad 2013 Spring, the most prestegious demo event in Japan.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$74.30M
Freee has raised a total of $74.30M in funding over 2 rounds. Their latest funding was raised on Aug 7, 2018 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 7, 2018 Series E $60M 1 Detail
Dec 28, 2015 Series C $8.30M 2 Detail
Sep 25, 2014 Series B $6M 1 Recruit Strategic Partners Detail

Investments

Number of Investments
Number of Lead Investments
3
0
Freee has made 3 investments. Their most recent investment was on Dec 1, 2015, when Notion raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 1, 2015 Notion
Seed Apps
Apr 3, 2013 Haiku Deck
Series A $3M iOS
Jul 1, 2012 Haiku Deck
Seed $300K iOS

Investors

Number of Lead Investors
Number of Investors
1
4
Freee is funded by 4 investors. Recruit Strategic Partners and Line are the most recent investors.
Investor Name Lead Investor Funding Round
Recruit Strategic Partners Yes Series B
Line Series E
China Fintech Fund Series C
SBI Asset Management Series C