When was Freehand founded?

Freehand was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Freehand located?

Freehand is headquartered in San Francisco, United States.

Who is the current CEO of Freehand?

Nitin Jayakrishnan of Freehand. They have also founded 1 company and are angel investors in 2 startups.

How many employees does Freehand have?

As of Jul 31, 2026, the latest employee count at Freehand is 134.

Is Freehand a funded company?

Freehand is a funded company, having raised a total of $100M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 2024.

When was the latest funding round of Freehand?

Freehand's latest funding was a $***** Series B round on Jul 29, 2026, with participation from 4 investors. Its primary sector is SCM Software. In United States, the SCM Software sector has seen $685M in funding in 2026 to date.

Where does Freehand rank among its competitors?

Freehand ranks 32nd amongst 475 active competitors, of which 68 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Freehand, which secured $75M in Jul, 2026.

Who are the top competitors of Freehand?

Freehand's top competitors include Coupa, Zaggle and Concur. Among them, Freehand secured the most recent funding round in July, 2026.

Freehand - 2026 Company Profile, Team, Funding & Competitors

Freehand is a series B company based in San Francisco (United States), founded in 2024 by Nitin Jayakrishnan and Abhijeet Manohar. It operates as a Provider of autonomous artificial intelligence software for freight payment audit. Freehand has raised $100M in funding from Battery Ventures and NewRoad Capital Partners. The company has 475 active competitors, including 68 funded and 44 that have exited. Its top competitors include companies like Coupa, Zaggle and Concur.

Company Details

Provider of autonomous artificial intelligence software for freight payment audit. This technology automates invoice processing, cost allocation, and financial reconciliation for enterprises managing high volumes of shipping data. The system utilizes domain-specific language models and contextual graphs to validate charges against contracted rates, manage carrier disputes, and maintain real-time accruals. By integrating with existing enterprise resource planning systems, the platform executes payment workflows, identifies anomalies, and captures early payment discounts without requiring manual intervention. The solution provides financial-grade spend visibility and audit trails across diverse logistics networks and shipping modes.

Website: www.freehand.ai/
Social
Email ID: *****@freehand.ai

Key Metrics

Founded Year

2024

Location

San Francisco, United States

Stage

Series B

Total Funding

$100M in 3 rounds

Latest Funding Round

Series B, Jul 29, 2026, $*****

Investors

Battery Ventures & 6 more

Ranked

32^nd among 475 active competitors

Employee Count

134 as on Jul 31, 2026

Similar Companies

Oversight Systems & 175 more

View Freehand's full profile

Freehand is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FREEHAND TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U62090TN2025PTC181674 , India, Active	Jun 20, 2025	-	135 (As on Feb 01, 2026)
FREEHAND INC. CIN: 6808383 , United States, Active	Jun 06, 2022	-	-	-

Freehand has raised a total funding of $100M over 3 rounds. Its first funding round was on Mar 2024. Its latest funding round was a Series B round on Jul 29, 2026 for $*****. 4 investors participated in its latest round. Freehand has 7 institutional investors.

Here is the list of recent funding rounds of Freehand:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 29, 2026	1239494	Series B	1471351	9130246	8652468	6890795
2025	5311	Series A	8004	4515	4846	NewBuild VC
Mar 2024	5928222	Series A	9229558	9709985	8807426	8542130

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View details of Freehand's funding rounds and investors

The founders of Freehand are Nitin Jayakrishnan and Abhijeet Manohar. Nitin Jayakrishnan is the CEO of Freehand.

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

Nitin Jayakrishnan: Co-Founder & CEO of Freehand and founder of 1 other company. They are also an angel investor in 2 startups.
Abhijeet Manohar: Co-Founder & CPTO of Freehand. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Freehand's Board of Directors

Freehand's board has 2 active members. Abhijeet Manohar is part of team and Sandeep Singhal is independent board member.

Here is the list of Freehand's board of directors:

Name	Type	Representing	Status	Duration
Abhijeet Manohar	Team	-	Current	1y 2m
edjyrse	Independent board member	-	Past	4y 2m

View details of Freehand's Founder profiles and Board Members

Freehand's employee count trend

Freehand has 134 employees as of Jul 26. Here is Freehand's employee count trend over the years:

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Top competitors of Freehand include Coupa, Zaggle and Concur. Here is the list of Top 10 competitors of Freehand, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, T. Rowe Price & 18 others	86/100
2nd	Zaggle 2011, Mumbai (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Mavericks, Bengal Finance and Investment ... & 33 others	80/100
3rd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	RRE Ventures, American Express & 8 others	75/100
4th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, Durable Capital Partners & 24 others	73/100
5th	Procurify 2012, Vancouver (Canada), Series C	Developer of procurement software for managing organizational spend and workflows	$82.5M	Information Venture Partners, Ten Coves Capital ... & 22 others	73/100
6th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
7th	Vertice 2021, London (United Kingdom), Series C	AI-powered platform for modern finance and procurement teams	$101M	83NORTH, Bessemer Venture Partners & 10 others	68/100
8th	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Accel, Schroders Capital & 30 others	68/100
9th	Globality 2015, Palo Alto (United States), Series E	Provider of AI-driven platform for sourcing and procurement process automation	$368M	SoftBank Vision Fund, Al Gore & 16 others	68/100
10th	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, Bessemer Venture Partners & 16 others	68/100
32nd	Freehand 2024, San Francisco (United States), Series B	Provider of autonomous artificial intelligence software for freight payment audit	$100M	Iron Pillar, NewBuild VC & 5 others	50/100