FreePower Overview
- Year Founded
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2017
- Status
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Private
- Employees
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48
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$11.8M
- Investors
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6
FreePower General Information
Description
Developer of a wireless charging technology designed to eliminate the need for visible charging cables and pads on surfaces. The company's technology provides a free-position charging surface through its proprietary algorithms and wireless power coil matrix, enabling users to charge multiple devices placed anywhere on the pad to receive intuitive wireless power.
Contact Information
Website
www.freepower.ioCorporate Office
- 2048 North 44th Street
- Phoenix, AZ 85008
- United States
Corporate Office
- 2048 North 44th Street
- Phoenix, AZ 85008
- United States
FreePower Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC | $11.8M | Completed | Generating Revenue | |||
| 4. Seed Round | 08-Mar-2021 | Completed | Generating Revenue | |||
| 3. Corporate | 10-Dec-2020 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 14-Jul-2020 | $500K | $500K | Completed | Generating Revenue | |
| 1. Angel (individual) | 05-Dec-2019 | Completed | Generating Revenue |
FreePower Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-5 | ||||||||
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 400,000 | $1.71 | $1.71 | 1x | $1.71 | 2.67% | ||
| Seed-1 | 277,390 | $3.61 | $3.61 | 1x | $3.61 | 1.29% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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FreePower Comparisons
Industry
Financing
Details
FreePower Competitors (5)
One of FreePower’s 5 competitors is Mojo Mobility, a Venture Capital-Backed company based in Palo Alto, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Mojo Mobility | Venture Capital-Backed | Palo Alto, CA | ||||
| ChargeSpot | Formerly VC-backed | Toronto, Canada | ||||
| Nikola Engineering | Corporation | Sequim, WA | ||||
| Powercast | Venture Capital-Backed | Pittsburgh, PA | ||||
| Ossia | Venture Capital-Backed | Redmond, WA |
FreePower Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
FreePower Patents
FreePower Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260322183-A1 | Hybrid countertop wireless charging | Pending | 11-Apr-2025 | ||
| WO-2026217810-A1 | Hybrid countertop wireless charging | Pending | 11-Apr-2025 | ||
| US-20250350158-A1 | Accelerated search in a multi-coil wireless charging device | Pending | 07-May-2024 | ||
| WO-2025235587-A1 | Accelerated search in a multi-coil wireless charging device | Pending | 07-May-2024 | ||
| US-20250260263-A1 | Countertop mounting bracket for wireless charging | Pending | 14-Feb-2024 | H02J50/005 |
FreePower Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
FreePower Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Talon Group | PE/Buyout | Minority | ||
| Motherson Innovations | Corporation | Minority | ||
| Angel (individual) | Minority |
FreePower Acquisitions (1)
FreePower’s most recent deal was a Merger/Acquisition with Spansive. The deal was made on 28-Sep-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Spansive | 28-Sep-2020 | Merger/Acquisition | Other Hardware |
FreePower FAQs
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When was FreePower founded?
FreePower was founded in 2017.
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Where is FreePower headquartered?
FreePower is headquartered in Phoenix, AZ.
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What is the size of FreePower?
FreePower has 48 total employees.
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What industry is FreePower in?
FreePower’s primary industry is Electronics (B2C).
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Is FreePower a private or public company?
FreePower is a Private company.
-
What is FreePower’s current revenue?
The current revenue for FreePower is .
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How much funding has FreePower raised over time?
FreePower has raised $28.3M.
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Who are FreePower’s investors?
, , Talon Group, Motherson Innovations, and are 5 of 6 investors who have invested in FreePower.
-
Who are FreePower’s competitors?
Mojo Mobility, ChargeSpot, Nikola Engineering, Powercast, and Ossia are competitors of FreePower.
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