Key facts
- Frec’s last known valuation is $125.0M (May 2022).
- It has raised $26.4M; the latest was Early Stage VC in Oct 2025.
- Notable investors include Global Founders Capital, Flex Capital, Greylock, 20VC, Pathbreaker Ventures — 36 tracked in total.
- Status: Privately Held (backing).
- ·The complete investor list — 36 names
- ·Watchlist + deal alerts for Frec
- ·The full record, as it builds
Funding rounds
No funding rounds for Frec are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
About Frec
Developer of an investment platform designed for direct indexing, treasury, and margin loans. The company offers a suite of automated, self-service products that simplify sophisticated financial strategies traditionally only available through wealth advisors, enabling users to get instant loans without underwriting or credit checks.
- Sector
- Financial Services
- HQ
- San Francisco, CA, United States
- Founded
- 2021
- Employees
- 30
- Website
- frec.com/
- Ownership
- Privately Held (backing)
Frec doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Frec shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Frec in its N-PORT filings yet. We sweep new filings monthly.