About Free Ventures
Free Ventures, an accelerator and incubator program founded in 2013, is based in Berkeley, United States. With a presence in 5 countries, it has supported around 45 startups in sectors like Enterprise Applications, High Tech. As of Sep 2026, Free Ventures has witnessed 3 portfolio exits. Most notable companies in
its portfolio include Glints, Paladin Drones and Pantheon. The program is backed by a team of 14 people who primarily support Seed startups based in United States. Its latest investment was a Undisclosed Seed round in CertifiedRecs on May 03, 2019.
Key Metrics
Founded Year
2013
Location
Berkeley, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
Free Ventures' List of Top Investments
Free Ventures has a portfolio of 45 companies. Their most notable investments are in Bungalo and CertifiedRecs.Their portfolio spans across United States, Canada, China and 2 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 25 other sectors, across stages such as Seed stage. Here is the list of top investments by Free Ventures:1. Glints
Online job board platform for graduate jobs. The platform allows students to create a profile by mentioning skills, education, and discover career paths and also develop skills required for the career and apply for jobs based on their interests. The companies hiring through the platform include BAP Software. The offering sector includes sales, operation, engineering, human resource, marketing and more.
Key facts about Glints
- Founded Year: 2013
- Location: Singapore (Singapore)
- Stage: Series D
- Total Funding till date: $82.3M
- Employee Count: 913 as on Jul 31, 2026
- Investors: DCM Ventures, Monk's Hill Ventures and 31 Others
- Latest Funding Round: Series D, Aug 30, 2022, $*****
- Highlight: Editors' Pick
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Paladin Drones is a technology startup that has developed a drone management technology to minimize the amount of time between a 911 call and response through autonomous drones. The company claims that the software interfaces with drones (supported ones include DJI) for providing responders situational awareness they need without sacrificing someone to control the former. Also, claims a Paladin-powered drone can get at the situation in 30 to 90 seconds against average response time ranging between 8 to 15 minutes. The company has been accelerated by Y Combinator in 2018.
Key facts about Paladin Drones
- Founded Year: 2018
- Location: Mountain View (United States)
- Stage: Series B
- Total Funding till date: $21.4M
- Employee Count: 188 as on Jul 31, 2026
- Investors: Khosla Ventures, ACOF and 5 Others
- Latest Funding Round: Series B, Aug 11, 2025, $*****
- Highlight: Editors' Pick
3. Pantheon
Provider of WebOps platform for website development, hosting, and governance. The platform offers tools for building, launching, and managing websites. It features integrated operations, workflow automation, and governance capabilities. The platform supports website creation, security, performance monitoring, and content publishing.
Key facts about Pantheon
- Founded Year: 2010
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $198M
- Employee Count: 441 as on Jul 31, 2026
- Investors: Floodgate, First Round Capital and 10 Others
- Latest Funding Round: Series E, Jul 13, 2021, $*****
4. Covariant
Developer of an AI robotics platform for warehouse automation solutions. The platform uses machine learning and robotics to automate item picking. It is designed to handle a variety of items and adapt to changing warehouse needs. The platform leverages data from a network of warehouses to improve performance.
Key facts about Covariant
- Founded Year: 2017
- Location: Emeryville (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $222M
- Employee Count: 51 as on Jan 31, 2026
- Investors: Northgate Capital, Index Ventures and 16 Others
- Latest Funding Round: Series C, Apr 04, 2023, $*****
- Highlight: Editors' Pick
5. Coverstar
Coverstar is an app-based fan-engagement social platform. It allows K-Pop fans to connect with each other and create & share cover videos with other fans across the globe. The app is available for iOS and Android platforms.
Key facts about Coverstar
- Founded Year: 2018
- Location: Berkeley (United States)
- Stage: Seed
- Employee Count: 18 as on Jul 31, 2026
- Investors: Strategxy Ventures, Strong Ventures and 2 Others
- Latest Funding Round: Seed, Jul 07, 2025, $*****
- Highlight: Editors' Pick
Free Ventures' Year-on-Year Investment Trends
Free Ventures has invested in 45 companies over the last 10 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in CertifiedRecs.Free Ventures' Investments by Stage
Free Ventures has made 5 investments in Seed stage with an average round size of $7M.Free Ventures' Investments by Sector
Free Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Industrial Goods and Manufacturing and Internet of Things - Industry Applications. Notably, it has invested in 37 Tech companies, 28 Software companies, 22 Enterprise (B2B) companies and at least 19 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
High Tech | 2 |
Consumer | 1 |
Industrial Goods and Manufacturing | 1 |
Internet of Things - Industry Applications | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Free Ventures' Investments by Geography
Free Ventures has made most investments in United States (4).Free Ventures' recent investments
Free Ventures has not made any investment in 2026 so far.Here are the most recent investments by Free Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 03, 2019 | - | Seed | 1605 | - | |
Nov 22, 2017 | United States | Seed | 2506 | - | |
Nov 08, 2017 | United States | Seed | 9923 | [+4] | |
2017 | United States | Seed | 6746 | - | |
2016 | United States | Seed | 2577 | - |
Acquired companies in Free Ventures' Portfolio
3 companies from Free Ventures' portfolio have been acquired. The most recent acquisition was onederful in Dec 2021 by Vyne Dental for $*****.Here are Free Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 14, 2021 | - | - | 4735 | |
Nov 06, 2018 | - | - | 8466 | |
Aug 15, 2018 | - | - | 3830 |
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Team profile of Free Ventures
Free Ventures has a team of 14 members including 6 Partners located in United States. Free Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Free Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | - | - | - | |
Partner | Berkeley | - | ||
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - | - |
Co-investors of Free Ventures
Over the past 10 years, 13 investors have co-invested in Free Ventures's portfolio companies. This includes funds and angels.
- Top Co-investors of Free Ventures: 5 investors entered a company along with Free Ventures. These include investors like Amplify Partners (1 company).
- Invested after Free Ventures: A total of 8 investors have invested in Free Ventures's portfolio after their investments. Top Investors include Index Ventures (1 company) and Radical Ventures (1 company).
