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FreedomPop - About the company

FreedomPop is an acquired company based in Los Angeles (United States), founded in 2011 by Steven Sesar. 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 732 active competitors, including 32 funded and 121 that have exited. Its top competitors include companies like MasMovil, Circles.Life and Vodacom.

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.
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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
27 as on Mar 31, 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
4090569
Series C
6118026
9716465
9960593
7564917
Nov 13, 2015
8315632
Series B
7820601
8976598
1612824
5560525
Jul 30, 2015
7052733
Series B
3743184
4617243
2275011
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FreedomPop's founders and board of directors

Founder? Claim Profile
The founders of FreedomPop is Steven Sesar.
Here are the details of FreedomPop's key team members:

FreedomPop's employee count trend

FreedomPop has 27 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 MasMovil, Circles.Life and Vodacom. 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 MasMovil
MasMovil
2006, Madrid (Spain), Acquired
Provider of mobile internet, calling, and other services
-
72/100
2nd
Logo for Circles.Life
Circles.Life
2014, Singapore, Series C
Online MVNO providing data services
$50M
70/100
3rd
Logo for Vodacom
Vodacom
1994, Midrand (South Africa), Public
Provider of mobile network telecommunication services
-
67/100
4th
Logo for Consumer Cellular
Consumer Cellular
1995, Portland (United States), Acquired
MVNO in the US providing no contract cell phones and services
-
-
66/100
5th
Logo for Gigsky
Gigsky
2010, Palo Alto (United States), Series B
Global eSIM provider offering seamless connectivity for travelers and enterprises
$24.9M
66/100
6th
Logo for Tello
Tello
1996, Sibiu (Romania), Acquired
Mobile communication services provider
$2.7M
63/100
7th
Logo for Belong
Belong
2013, Melbourne (Australia), Unfunded
Mobile communication services provider
-
-
62/100
8th
Logo for FreedomPop
FreedomPop
2011, Los Angeles (United States), Acquired
MVNO providing mobile and internet services
$114M
62/100
9th
Logo for Telness
Telness
2017, Stockholm (Sweden), Seed
Mobile communication services provider
$7.59M
60/100
10th
Logo for Tune Talk
Tune Talk
2009, Kuala Lumpur (Malaysia), Unfunded
Mobile Virtual Network Operator
-
-
60/100
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FreedomPop's Investments and acquisitions

FreedomPop has made no investments or acquisitions yet.

News related to FreedomPop

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