FreedomPop - About the company
FreedomPop is an acquired company based in Los Angeles (United States), founded in 2011. It operates as a MVNO providing mobile and internet services. FreedomPop has raised $114M in funding from investors like Intel, DCM Ventures and Mangrove Capital Partners. The company has 158 active competitors, including 14 funded and 24 that have exited. Its top competitors include companies like Gigsky, Consumer Cellular and Tello.
Company Details
FreedomPop provides mobile and internet services. It offers limited buckets of free voice, text and data, encouraging its users to buy value-added services such as additional data, a local global hotspot and local numbers from some countries that can be used to receive calls in other markets. It offers service on Sprint's network in the U.S. and recently expanded its European business with more than two dozen network operators. It is planning to expand its services in Asia and Latin America. It has recently raised $50M to provide a global hotspot and roaming SIM to its customers.
- Website
- freedompop.com
Key Metrics
Founded Year
2011
Location
Los Angeles, United States
Stage
Acquired
Total Funding
$114M in 8 rounds
Latest Funding Round
Ranked
6th among 158 active competitors
Employee Count
10 - 49 as on Mar 01, 2026
Exit Details
Acquired by Red Pocket Mobile (Jun 07, 2019)
Legal entities associated with FreedomPop
FreedomPop is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
STS Media Inc dba FreedomPop CIN: 452718799 , United States, Active | Aug 07, 2011 | $5M - $25M (As on Jul 30, 2015) | 59 (As on Dec 31, 2018) | - |
FreedomPop's acquisition details
FreedomPop got acquired by Red Pocket Mobile on Jun 07, 2019.
Click here to take a look at FreedomPop's acquisition in detail
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FreedomPop's funding and investors
FreedomPop has raised a total funding of $114M over 8 rounds. Its first funding round was on Jul 19, 2012. Its latest funding round was a Series C round on Jan 20, 2016 for $*****. 1 investor participated in its latest round. FreedomPop has 10 institutional investors.
Here is the list of recent funding rounds of FreedomPop:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 20, 2016 | 8337878 | Series C | 9885140 | 2728317 | 9932771 | 9100640 |
Nov 13, 2015 | 6703614 | Series B | 4008111 | 5095358 | 5853365 | 6256189 |
Jul 30, 2015 | 5425148 | Series B | 1016345 | 2950959 | 1696251 |
View details of FreedomPop's funding rounds and investors
FreedomPop's founders and board of directors
Founder? Claim ProfileFreedomPop's employee count trend
FreedomPop has 10 - 49 employees as of Mar 26. Here is FreedomPop's employee count trend over the years:
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FreedomPop's Competitors and alternates
Top competitors of FreedomPop include Gigsky, Consumer Cellular and Tello. Here is the list of Top 10 competitors of FreedomPop, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Gigsky 2010, Palo Alto (United States), Series B | Global eSIM provider offering seamless connectivity for travelers and enterprises | $24.9M | 70/100 | |
2nd | Consumer Cellular 1995, Portland (United States), Acquired | MVNO in the US providing no contract cell phones and services | - | - | 67/100 |
3rd | Mobile communication services provider | $2.7M | 67/100 | ||
4th | US Mobile 2014, Stamford (United States), Series A | MVNO offering customizable prepaid wireless plans | $11.5M | 61/100 | |
5th | Mobile Vikings 2009, Hasselt (Belgium), Acquired | Mobile telecommunication services provider | - | 61/100 | |
6th | FreedomPop 2011, Los Angeles (United States), Acquired | MVNO providing mobile and internet services | $114M | 60/100 | |
7th | Red Pocket Mobile 2006, Los Angeles (United States), Unfunded | Mobile telecom services provider | - | - | 50/100 |
8th | Sabse Technologies 2008, Mountain View (United States), Series A | Global Wifi carrier and provider | $5.81M | 49/100 | |
9th | Reach Mobile 2018, Chelmsford (United States), Series A | Provider of mobile telecommunication services | $35.6M | 48/100 | |
10th | Virgin Mobile Latin America 2010, Monaca (United States), Acquired | Mobile communication services provider | $140M | 47/100 |
Looking for more details on FreedomPop's competitors? Click here to see the top ones
FreedomPop's Investments and acquisitions
FreedomPop has made no investments or acquisitions yet.
Reports related to FreedomPop
Here is the latest report on FreedomPop's sector:
News related to FreedomPop
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DISH Network Appoints Stephen Stokols as Executive Vice President of Boost MobileFinancial Buzz•Sep 22, 2020•Dish, Boost Worldwide, FreedomPop
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Mexican MVNOs add 202,000 lines in 2018, Virgin sheds half of its subsTelecompaper•Jul 05, 2019•FreedomPop
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Red Pocket Mobile buys MVNO FreedomPopfiercewireless.com•Jun 21, 2019•Red Pocket Mobile, FreedomPop, STSMEDIA
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STS Media gears up to bid for Boost Mobile with sale of FreedomPopReuters•Jun 07, 2019•STSMEDIA, FreedomPop, Red Pocket Mobile, Boost Worldwide
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FreedomPop's CEO Might Be Looking To Acquire Boost MobileAndroid Headlines•May 29, 2019•Boost Worldwide, FreedomPop
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FreedomPop’s low-cost Unreal Mobile now delivers service via AT&TVentureBeat•Sep 07, 2018•FreedomPop, UNREAL Mobile
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MVNO TruConnect Acquires FreedomPop's ETC Acquisition PlatformThe Fast Mode•Aug 27, 2018•TruConnect, FreedomPop
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FreedomPop launches new MVNO Unreal Mobile with plans from USD 10Telecompaper•Jun 21, 2018•FreedomPop
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