Female-Focused Media Brand Freeda Lands 14.5 Million EUR in Series B

Freeda lands 14.5 million EUR in a Series B funding. The round, led by Alven, will fuel the company’s expansion to English-speaking markets. 

International Expansion

The funding brings the social media content producer’s total raised to over 27.2 million EUR. U-Start, Endeavor Catalyst, and Unicredit participated in the Series B round. Investor Alven also led the Series A round for Freeda. Its London office is set to open soon, and this funding will support that process. 

Vying for Visibility

The media brand competes against Refinery 29, Vogue, and Mic, vying for visibility in the Instagram and Twitter-sphere. It produces short interviews and video content that is uplifting and style-oriented. 

At the moment, the company boasts placement as the number one female brand for interactions on Instagram, with 81.92 million interactions, compared with its competitor Vogue, with 72.92 million interactions.

Its interactions on social media have reached over 1 million during 2019. The women-focused media company launched in 2016. Based in Milan, it also operates in Spain and South America. Following this funding, the company will launch its London office. 

video

Akeneo Generates 41.7 Million EUR for its Product Experience Management Service

Gone are the days of tedious Excel spreadsheets or outdated enterprise resource...
video

Spendesk Raises 35 Million EUR in Series B to Better Business Banking

Spendesk has successfully raised 35 million EUR with Index Ventures as its...
video

Female-Focused Media Brand Freeda Lands 14.5 Million EUR in Series B

Freeda lands 14.5 million EUR in a Series B funding. The round,...