Freespee add-on funding

Freespee raises an additional €9.5M investment

Freespee add-on funding

Freespee, a software company helping consumer brands better engage and convert online customers via a suite of enterprise cloud communications solutions, announced a €9.5M investment from Verdane Capital IX.

The investment will enable Freespee to accelerate the development of its unique solutions. The company will double its engineering team by the end of the year and expects revenue to grow by 80% in 2018. The company has recently signed deals with Fiat, Vauxhall, Peugeot, Club Med, E-on and eBay to name a few.

Freespee was founded in Uppsala, Sweden in 2009 by Swedish software engineers Carl Holmquist and Tobias Lindgren, with a vision to make the web more conversational. Since 2009, Freespee’s international growth is backed by venture capital investors Inventure, Sunstone, and Ventech.

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