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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.
Social
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Key Metrics
Founded Year
2011
Location
Los Angeles, United States
Stage
Acquired
Total Funding
$114M in 8 rounds
Latest Funding Round
Investors
Ranked
Employee Count
10 - 49 as on Mar 01, 2026
Similar Companies
Exit Details
Acquired by Red Pocket Mobile (Jun 07, 2019)

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:lockFilter 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
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FreedomPop's founders and board of directors

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FreedomPop's employee count trend

FreedomPop has 10 - 49 employees as of Mar 26. Here is FreedomPop's employee count trend over the years:
Employee count trend for FreedomPop
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Gigsky
Gigsky
2010, Palo Alto (United States), Series B
Global eSIM provider offering seamless connectivity for travelers and enterprises
$24.9M
70/100
2nd
Logo for Consumer Cellular
Consumer Cellular
1995, Portland (United States), Acquired
MVNO in the US providing no contract cell phones and services
-
-
67/100
3rd
Logo for Tello
Tello
1996, Sibiu (Romania), Acquired
Mobile communication services provider
$2.7M
67/100
4th
Logo for US Mobile
US Mobile
2014, Stamford (United States), Series A
MVNO offering customizable prepaid wireless plans
$11.5M
61/100
5th
Logo for Mobile Vikings
Mobile Vikings
2009, Hasselt (Belgium), Acquired
Mobile telecommunication services provider
-
61/100
6th
Logo for FreedomPop
FreedomPop
2011, Los Angeles (United States), Acquired
MVNO providing mobile and internet services
$114M
60/100
7th
Logo for Red Pocket Mobile
Red Pocket Mobile
2006, Los Angeles (United States), Unfunded
Mobile telecom services provider
-
-
50/100
8th
Logo for Sabse Technologies
Sabse Technologies
2008, Mountain View (United States), Series A
Global Wifi carrier and provider
$5.81M
49/100
9th
Logo for Reach Mobile
Reach Mobile
2018, Chelmsford (United States), Series A
Provider of mobile telecommunication services
$35.6M
48/100
10th
Mobile communication services provider
$140M
47/100
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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

lockFilter this list
•
•
Red Pocket Mobile buys MVNO FreedomPopfiercewireless.com•Jun 21, 2019•Red Pocket Mobile, FreedomPop, STSMEDIA
•
•
Freedompop overtakes Virgin to top Mexican MVNO sectorTelecompaper•Apr 08, 2019•FreedomPop, Dish
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FAQs about FreedomPop

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