When was Frec founded?

Frec was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is Frec located?

Frec is headquartered in San Francisco, United States.

Who is the current CEO of Frec?

Mo Al Adham of Frec. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Frec have?

As of Aug 31, 2026, the latest employee count at Frec is 36.

Is Frec a funded company?

Frec is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Oct 03, 2023.

When was the latest funding round of Frec?

Frec's latest funding was a $***** Series A round on Oct 03, 2023, with participation from 2 investors. Its primary sector is Investment Tech. In United States, the Investment Tech sector has seen $4.96B in funding in 2026 to date.

Where does Frec rank among its competitors?

Frec ranks 3rd amongst 19 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was HANetf, which secured an undisclosed amount in Jul, 2025.

Who are the top competitors of Frec?

Frec's top competitors include Tidal Financial Group, HANetf and FolioBeyond. Among them, HANetf secured the most recent funding round in July, 2025.

Frec - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of direct indexing investment platform designed to unlock tax savings. The platform offers tools for managing portfolios, transferring stocks, and tracking tax benefits over time. It facilitates investing in multiple indices and personalizing portfolios. The platform supports individual, joint, trust, and business accounts.

Website: frec.com
Social
Email ID: *****@frec.com

Key Metrics

Founded Year

2021

Location

San Francisco, United States

Stage

Series A

Total Funding

$26.4M in 1 round

Latest Funding Round

Series A, Oct 03, 2023, $*****

Investors

Greylock Partners & 7 more

Ranked

3^rd among 19 active competitors

Employee Count

36 as on Aug 31, 2026

Similar Companies

Tidal Financial Group & 19 more

View Frec's full profile

Frec is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FREC MARKETS, INC. CIN: 872201706 , United States, Active	Dec 31, 1999	-	16 (As on Dec 31, 2024)	-

Frec has raised a total funding of $26.4M over 1 round. Its latest funding round was a Series A round on Oct 03, 2023 for $*****. 2 investors participated in its latest round. Frec has 6 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Frec:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 03, 2023	6581443	Series A	1031827	5009243	8501183	9768001

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View details of Frec's funding rounds and investors

The founders of Frec is Mo Al Adham. Mo Al Adham is the CEO of Frec.

Here are the details of Frec's key team members:

Mo Al Adham: Founder & CEO of Frec and founder of 2 other companies, Telly and TwitVid. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of Frec's Founder profiles and Board Members

Frec's employee count trend

Frec has 36 employees as of Aug 26. Here is Frec's employee count trend over the years:

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Top competitors of Frec include Tidal Financial Group, HANetf and FolioBeyond. Here is the list of Top 10 competitors of Frec, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tidal Financial Group 2012, New York City (United States), Series C	Technology platform facilitating the creation, operation and growth of ETFs	$32M	FTV Capital, FinRebel & 1 others	58/100
2nd	HANetf 2017, London (United Kingdom), Seed	UCITS Exchange Traded Funds (ETFs) services provider	-	ThirdStream Partners, Point72 Ventures & 7 others	55/100
3rd	Frec 2021, San Francisco (United States), Series A	Provider of direct indexing investment platform designed to unlock tax savings	$26.4M	MRTNZ, Conversion Capital & 6 others	51/100
4th	FolioBeyond 2017, New York City (United States), Unfunded	Portfolio management solutions for investment advisors & wealth managers	-	-	49/100
5th	AdvisorShares 2006, Bethesda (United States), Funding Raised	Funds based investment management firm	-	HempFusion	36/100
6th	Qutke 2014, Beijing (China), Series C	Portfolio management solution for wealth managers	$15.6M	Huatai Securities, Yunfeng & 1 others	35/100
7th	Lynk Capital Markets 2019, Miami (United States), Funding Raised	Portfolio strategy management solution for asset managers	-	SaaSholic	32/100
8th	ETF Action 2018, Englewood (United States), Seed	Provider of investment analytics platform for ETFs and mutual funds	$701K	-	28/100
9th	Ryedale 2000, London (United Kingdom), Unfunded	Cloud-based portfolio management solutions for ETFs	-	-	27/100
10th	fintego Aschheim (Germany), Unfunded	Portfolio management solution focused on ETF's	-	-	25/100