FreeWire Overview
- Year Founded
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2014
- Status
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Acquired/Merged
- Employees
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220
- Latest Deal Type
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M&A
FreeWire General Information
Description
Provider of mobile electric charging systems intended to electrify industries formerly dependent on fossil fuels. The company's system offers clean and quiet on-site power to substitute or supplement the use of diesel generators for a variety of remote power needs, enabling customers with products that deliver power without the added costs of construction or infrastructure upgrades.
Contact Information
Website
freewiretech.comCorporate Office
- 7200 Gateway Boulevard
- Newark, CA 94560
- United States
Corporate Office
- 7200 Gateway Boulevard
- Newark, CA 94560
- United States
FreeWire Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 16. Merger/Acquisition | 02-Mar-2024 | Completed | Generating Revenue | |||
| 15. Later Stage VC (Series E) | 21-Nov-2023 | Completed | Generating Revenue | |||
| 14. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 13. Later Stage VC (Series D) | 26-Apr-2022 | Completed | Generating Revenue | |||
| 12. Grant | 20-Apr-2021 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series C) | 26-Jan-2021 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series B) | 01-Jan-2020 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | 14-May-2019 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | 01-Jan-2019 | $15.4M | Completed | Generating Revenue | ||
| 7. Grant | 01-Jan-2019 | $77.6K | $15.4M | Completed | Generating Revenue |
FreeWire Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E-1 | ||||||||
| Series E | ||||||||
| Series D-1 Prime | ||||||||
| Series D-1 | ||||||||
| Series D Prime | ||||||||
| Series D | ||||||||
| Series C Prime | ||||||||
| Series C | ||||||||
| Series B Prime | 35,952,051 | $0.000100 | $0.06 | $0.77 | $0.77 | 1x | $0.77 | 14.23% |
| Series B | 35,952,051 | $0.000100 | $0.06 | $0.77 | $0.77 | 1x | $0.77 | 14.23% |
FreeWire Comparisons
Industry
Financing
Details
FreeWire Competitors (4)
One of FreeWire’s 4 competitors is IES Synergy, a Private Equity-Backed company based in Saint Aunes, France.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| IES Synergy | Private Equity-Backed | Saint Aunes, France | ||||
| SparkCharge | Venture Capital-Backed | Somerville, MA | ||||
| Efacec | Private Equity-Backed | S. Mamede de Infesta, Portugal | ||||
| ChargePoint | Formerly VC-backed | Campbell, CA |
FreeWire Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
FreeWire Patents
FreeWire Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240317103-A1 | Energy sharing among battery-based chargers for electric vehicles | Pending | 22-Mar-2023 | ||
| US-20240383349-A1 | Interconnecting electric components in a charger for an electric vehicle | Pending | 22-Mar-2023 | ||
| WO-2024187178-A1 | Optimizing power density in battery packs | Inactive | 09-Mar-2023 | ||
| WO-2024137364-A1 | Resilient charging station | Inactive | 20-Dec-2022 | ||
| WO-2024130059-A1 | Energy management for connected charging stations with bidirectionality | Inactive | 15-Dec-2022 | H02J3/17 |
FreeWire Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
FreeWire Former Investors (54)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ABB Ventures | Corporate Venture Capital | Minority | ||
| Alumni Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
FreeWire Acquisitions (1)
FreeWire’s most recent deal was a Merger/Acquisition with mobilyze (Business/Productivity Software). The deal was made on 08-Dec-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| mobilyze (Business/Productivity Software) | 08-Dec-2022 | Merger/Acquisition | Business/Productivity Software |
FreeWire FAQs
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When was FreeWire founded?
FreeWire was founded in 2014.
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Where is FreeWire headquartered?
FreeWire is headquartered in Newark, CA.
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What is the size of FreeWire?
FreeWire has 220 total employees.
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What industry is FreeWire in?
FreeWire’s primary industry is Other Utilities.
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Is FreeWire a private or public company?
FreeWire is a Private company.
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What is FreeWire’s current revenue?
The current revenue for FreeWire is .
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How much funding has FreeWire raised over time?
FreeWire has raised $245M.
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Who are FreeWire’s investors?
ABB Ventures, Alumni Ventures, , , and are 5 of 54 investors who have invested in FreeWire.
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Who are FreeWire’s competitors?
IES Synergy, SparkCharge, Efacec, and ChargePoint are competitors of FreeWire.
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When was FreeWire acquired?
FreeWire was acquired on 02-Mar-2024.
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Who acquired FreeWire?
FreeWire was acquired by Speed Charge.
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