Freemodel was founded in 2020 with a mission to streamline and improve the residential real estate sale process while giving homeowners a chance to get the maximum possible upside from the sale of their homes. The company partners with real estate agents to design, manage and pre-pay for their clients' home renovations, then the homeowner pays Freemodel out of escrow once the home sells.
Founded by two Silicon Valley veterans with software and residential real estate backgrounds, Freemodel differentiates itself by offering a team of local designers and project managers who act as the main on-site point of contact for agents and clients. Their Project Directors bring deep expertise and local knowledge of the regions they service, making the process easier and more turnkey for realtors and sellers. In addition, Freemodel requires no credit checks and has no pre-determined project budget caps, allowing more flexibility for homeowners to reap the maximum possible profit from their investment.
For more information, visit http://www.freemodel.com.
Location: United States, California, Burlingame
Employees: 11-50
Total raised: $19.5M
Founded date: 2020
Investors 5
| Date | Name | Website |
| - | QED Invest... | qedinvesto... |
| - | 1984 Ventu... | 1984.vc |
| 07.03.2022 | Core Innov... | corevc.com... |
| 01.04.2023 | LL Funds | llfunds.co... |
| 16.03.2023 | 1Sharpe Ve... | 1sharpe.ve... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 31.01.2023 | Series A | $19.5M | FJ Labs |
Mentions in press and media 4
| Date | Title | Description | Source |
| 31.01.2023 | Freemodel Raises $19.5M in Series A Funding | A California home remodeled by Freemodel Freemodel, a Burlingame, CA-based tech-enabled home renova... | finsmes.co... |
| 31.01.2023 | Freemodel Raises $19.5M Series A Round | BURLINGAME, CA, Tech-enabled home renovation company Freemodel today announced it has secured a $1... | vcnewsdail... |
| 26.05.2022 | 1Sharpe Ventures closes $90M early-stage proptech fund | 1Sharpe Ventures, a venture capital firm founded by Roofstock co-founder Gregor Watson and real esta... | finledger.... |
| - | Freemodel | “Freemodel handles the financing, design, construction and management of pre-sales home renovation. ... | fastfounde... |