# freee funding: rounds and investors > freee has raised $107M across 6 rounds since 2012. Investors include DCM Ventures, Infinity Ventures and e.ventures. Every round with its source. Source: https://millionrounds.com/company/freee (Millionrounds; every figure on the page links to its filing or article) Japan · [Series E startup](https://millionrounds.com/companies) # Who invested in *freee* 6 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech Funding summary Updated 26 Oct 2026 **$107M** raised across 6 rounds since 2012, from 6 sources **$500K** Seed **$2.7M** Series A **$8.0M** Series B **$6.0M** Series B **$30M** Series C **$60M** Series E - **Latest round:** Series E, $60M Aug 2018 - **Step-up i:** 2× - **Investors:** 10 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2013 2014 2015 2016 2017 2018 **$500K** Seed **$2.7M** Series A **$8.0M** Series B **$6.0M** Series B **$30M** Series C **$60M** Series E - **First round:** Seed, $500K - **Biggest round:** $60M - **Usual gap between rounds:** 9 months ## The rounds - **Aug 2018** Series E **$60M** *3 new* [Line Ventures](https://millionrounds.com/fund/line-ventures) [Mitsubishi UFJ Financial Group](https://millionrounds.com/fund/mitsubishi-ufj-financial-group) Life Card Reported by TechCrunch - **Aug 2015** Series C **$30M** *2 new* *2 returning* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [e.ventures](https://millionrounds.com/fund/e-ventures) [Recruit Holdings](https://millionrounds.com/fund/recruit-holdings) Japan Co-Invest Limited Partnership From a historical funding record - **Sept 2014** Series B **$6.0M** *2 new* [Recruit Strategic Partners](https://millionrounds.com/fund/recruit-strategic-partners) [Pavillion Capital](https://millionrounds.com/fund/pavillion-capital) From a historical funding record - **Apr 2014** Series B **$8.0M** *2 returning* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Infinity Ventures](https://millionrounds.com/fund/infinity-ventures) From a historical funding record - **Jul 2013** Series A **$2.7M** *2 new* *1 returning* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Infinity Ventures](https://millionrounds.com/fund/infinity-ventures) [e.ventures](https://millionrounds.com/fund/e-ventures) Reported by techcrunch.com - **Dec 2012** Seed **$500K** *1 new* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) From a historical funding record ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2012 **Series A** 2013 **Series B** 2014 **Series B** 2014 **Series C** 2015 **Series E** 2018 [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Infinity Ventures](https://millionrounds.com/fund/infinity-ventures) [e.ventures](https://millionrounds.com/fund/e-ventures) [Recruit Strategic Partners](https://millionrounds.com/fund/recruit-strategic-partners) [Recruit Holdings](https://millionrounds.com/fund/recruit-holdings) [Line Ventures](https://millionrounds.com/fund/line-ventures) [Mitsubishi UFJ Financial Group](https://millionrounds.com/fund/mitsubishi-ufj-financial-group) [Pavillion Capital](https://millionrounds.com/fund/pavillion-capital) Japan Co-Invest Limited Partnership Life Card ## Everyone who backed them [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) Private equity **4** rounds [Infinity Ventures](https://millionrounds.com/fund/infinity-ventures) VC firm **2** rounds [e.ventures](https://millionrounds.com/fund/e-ventures) VC firm **2** rounds [Recruit Strategic Partners](https://millionrounds.com/fund/recruit-strategic-partners) Investment firm **1** round [Recruit Holdings](https://millionrounds.com/fund/recruit-holdings) Growth equity **1** round [Line Ventures](https://millionrounds.com/fund/line-ventures) VC firm **1** round [Mitsubishi UFJ Financial Group](https://millionrounds.com/fund/mitsubishi-ufj-financial-group) Corporate VC **1** round [Pavillion Capital](https://millionrounds.com/fund/pavillion-capital) Growth equity **1** round Japan Co-Invest Limited Partnership no record of our own yet **1** round Life Card no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=freee). ## Quick answers about freee ### Who invested in freee? freee's investors include DCM Ventures, Infinity Ventures, e.ventures, Recruit Strategic Partners and Recruit Holdings, and 5 more on record. ### How much has freee raised? freee has raised $107M across 6 rounds since 2012. ### When did freee last raise? freee's most recent round was a Series E of $60M in Aug 2018. ### What was freee's biggest round? Its most recent round, $60M in Aug 2018, is also its largest on record. ### Who backed freee first? freee's first round on record, in Dec 2012, was backed by DCM Ventures. ### What stage is freee at? freee's latest named round is a Series E, in Aug 2018. ### Where is freee based? freee is based in Japan. ## Companies like freee In the same sector, and raised in the last eighteen months. [**Bee Informatica** $912K · Jun 2026](https://millionrounds.com/company/bee-informatica)[**MeetsMore** Feb 2026](https://millionrounds.com/company/meetsmore)[**AccordX** $1.4M · Jul 2025](https://millionrounds.com/company/accordx)[**Leafea** $2.5M · May 2025](https://millionrounds.com/company/leafea)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app