How much funding has Freemodel raised?

Freemodel has raised $19.5M in total funding, most recently a Series A round.

Who are Freemodel's investors?

Freemodel's investors include QED Investors, LL Funds, RWT Horizons, FJ Labs, 1984 Ventures, 1Sharpe Ventures.

Where is Freemodel headquartered?

Freemodel is headquartered in Burlingame, California, United States.

How many employees does Freemodel have?

Freemodel has 51-200 employees.

Freemodel

Pre-sales home renovations. Fix now pay at closing.

Burlingame, United States · Founded 2020 · $19.5M raised

Fintech

Headquarters: Burlingame, California
Employees: 51–200
Founded: 2020
Business Model: B2B2C

Website: freemodel.com
Total Funding: $19.5M
Last Round: $19.5M Series AJan 2023
Rounds: 1

About

Freemodel is a tech-enabled home renovation company focused on pre-sale residential properties. The company partners with real estate agents to design, manage, and fully finance home renovation projects for their seller clients. Homeowners pay nothing upfront — Freemodel is repaid out of escrow when the home sells. A dedicated in-person project director is assigned to each project, handling contractor selection, design, and construction management end-to-end. By improving home condition before listing, Freemodel's agent partners have generated over $33M in additional sale proceeds for their clients. The company covers 90% of the California real estate market and is expanding into Texas and Florida.

Summary

Freemodel is a Fintech company based in Burlingame, United States, founded in 2020. It has raised $19.5M in total across 1 round, most recently a $19.5M Series A round in Jan 2023. Investors include QED Investors, LL Funds and RWT Horizons.