FreeWire Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 220

Employees

  • Latest Deal Type
  • M&A

  • Investors
  • 1

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.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Corporate Office
  • 7200 Gateway Boulevard
  • Newark, CA 94560
  • United States
+1 (415)
Primary Industry
Other Utilities
Other Industries
Electrical Equipment
Business/Productivity Software
Road
Parent Company
Speed Charge LLC
Vertical(s)
CleanTech, Mobility Tech, Climate Tech, Industrials
Corporate Office
  • 7200 Gateway Boulevard
  • Newark, CA 94560
  • United States
+1 (415)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

FreeWire Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. Merger/Acquisition 02-Mar-2024 Completed Generating Revenue
14. Later Stage VC (Series E) 21-Nov-2023 Completed Generating Revenue
13. Secondary Transaction - Private Completed Generating Revenue
12. Later Stage VC (Series D) 26-Apr-2022 Completed Generating Revenue
11. Grant 20-Apr-2021 Completed Generating Revenue
10. Later Stage VC (Series C) 26-Jan-2021 Completed Generating Revenue
9. Later Stage VC (Series B) 01-Jan-2020 Completed Generating Revenue
8. Accelerator/Incubator 14-May-2019 Completed Generating Revenue
7. Grant 01-Jan-2019 $77.6K $15.4M Completed Generating Revenue
6. Secondary Transaction - Private $15.4M Completed Generating Revenue
To view FreeWire’s complete valuation and funding history, request access »

FreeWire Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
Series A2 10,263,894 $0.000100 $0.1 $1.24 $1.24 1x $1.02 13.06%
To view FreeWire’s complete cap table history, request access »

FreeWire Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of mobile electric charging systems intended to electrify industries formerly dependent on fossil fuels. The co
Other Utilities
Newark, CA
220 As of 2023

Somerville, MA
 

Campbell, CA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

FreeWire Competitors (4)

One of FreeWire’s 4 competitors is SparkCharge, a Venture Capital-Backed company based in Somerville, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SparkCharge Venture Capital-Backed Somerville, MA
ChargePoint Formerly VC-backed Campbell, CA
Efacec Private Equity-Backed Porto, Portugal
IES Synergy Private Equity-Backed Saint Aunes, France
To view FreeWire’s complete competitors history, request access »

FreeWire Patents

  • 9

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 3

    Pending

  • Expiring in next 12 mo

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
CA-220895-S Charging station for electric vehicles Active 23-Sep-2022
CA-220894-S Charging station for electric vehicles Active 23-Sep-2022
CA-3227369-A1 High-availability low-impact vehicle charger Pending 30-Jul-2021 B60L53/11
To view FreeWire’s complete patent history, request access »

FreeWire Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

FreeWire Former Investors (52)

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
You’re viewing 5 of 52 investors. Get the full list »

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
To view FreeWire’s complete acquisitions history, request access »

Ready to get started?

Request a free trial

FreeWire FAQs

  • When was FreeWire founded?

    FreeWire was founded in 2014.

  • Where is FreeWire headquartered?

    FreeWire is headquartered in Newark, CA.

  • What is the size of FreeWire?

    FreeWire has 220 total employees.

  • What industry is FreeWire in?

    FreeWire’s primary industry is Other Utilities.

  • Is FreeWire a private or public company?

    FreeWire is a Private company.

  • What is FreeWire’s current revenue?

    The current revenue for FreeWire is .

  • How much funding has FreeWire raised over time?

    FreeWire has raised $260M.

  • Who are FreeWire’s investors?

    ABB Ventures, Alumni Ventures, , , and are 5 of 52 investors who have invested in FreeWire.

  • Who are FreeWire’s competitors?

    SparkCharge, ChargePoint, Efacec, and IES Synergy are competitors of FreeWire.

  • When was FreeWire acquired?

    FreeWire was acquired on 02-Mar-2024.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »