# Freespee funding: rounds and investors

> Freespee has raised $24M across 7 rounds since 2009. Investors include Inventure Oy, Ventech and Sunstone Life Science Ventures. Every round with its source.

Source: https://millionrounds.com/company/freespee (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Freespee*

7 rounds we have observed, with the 3 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.

Enterprise

Funding summary Updated 26 Oct 2026

**$24M** raised across 7 rounds since 2009, from 7 sources

**$1.2M** Seed **$1.5M** Series A **$1.5M** Seed **$1.4M** Seed **$4.3M** Seed **$4.3M** Series A **$10M** Series B

- **Latest round:** Series B, $10M Nov 2016
- **Step-up i:** 2.4×
- **Investors:** 3

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.

2010 2011 2012 2013 2014 2015 2016

**$1.2M** Seed

**$1.5M** Series A

**$1.5M** Seed

**$4.3M** Seed

**$4.3M** Series A

**$10M** Series B

- **First round:** Seed, $1.2M
- **Biggest round:** $10M
- **Usual gap between rounds:** 20 months

## The rounds

- **Nov 2016** Series B **$10M** *1 new* [Ventech](https://millionrounds.com/fund/ventech) Reported by FinSMEs
- **Oct 2012** Seed **$4.3M** No investor was named in the report. From a historical funding record
- **Oct 2012** Series A **$4.3M** *1 new* [Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures) Reported by techcrunch.com
- **Feb 2011** Series A **$1.5M** *1 returning* [Inventure Oy](https://millionrounds.com/fund/inventure-oy) From a historical funding record
- **Feb 2011** Seed **$1.5M** *1 returning* [Inventure Oy](https://millionrounds.com/fund/inventure-oy) Reported by eu.techcrunch.com
- **Feb 2011** Seed **$1.4M** No investor was named in the report. From a historical funding record
- **Oct 2009** Seed **$1.2M** *1 new* [Inventure Oy](https://millionrounds.com/fund/inventure-oy) Reported by inventure.fi

## 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** 2009 **Series A** 2011 **Seed** 2011 **Seed** 2011 **Seed** 2012 **Series A** 2012 **Series B** 2016 [Inventure Oy](https://millionrounds.com/fund/inventure-oy) [Ventech](https://millionrounds.com/fund/ventech) [Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures)

## Everyone who backed them

[Inventure Oy](https://millionrounds.com/fund/inventure-oy) VC firm **3** rounds

[Ventech](https://millionrounds.com/fund/ventech) VC firm **1** round

[Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=freespee).

## Quick answers about Freespee

### Who invested in Freespee?

Freespee's investors include Inventure Oy, Ventech and Sunstone Life Science Ventures.

### How much has Freespee raised?

Freespee has raised $24M across 7 rounds since 2009.

### When did Freespee last raise?

Freespee's most recent round was a Series B of $10M in Nov 2016.

### What was Freespee's biggest round?

Its most recent round, $10M in Nov 2016, is also its largest on record.

### Who backed Freespee first?

Freespee's first round on record, in Oct 2009, was backed by Inventure Oy.

### What stage is Freespee at?

Freespee's latest named round is a Series B, in Nov 2016.

### Where is Freespee based?

Freespee is based in Sweden.

## Companies like Freespee

In the same sector, and raised in the last eighteen months.

[**EvoluteIQ** $73M · Sept 2025](https://millionrounds.com/company/evoluteiq)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)[**Daytona** $132M · Oct 2026](https://millionrounds.com/company/daytona)[**Otter.ai** $360M · Oct 2026](https://millionrounds.com/company/otter-ai)[**Town** $241M · Oct 2026](https://millionrounds.com/company/town)

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