Frec key facts
as of Oct 2026- Developer of an investment platform designed for direct indexing, treasury, and margin loans.
- Frec is valued at approximately $125.0M as of Oct 2026 (last reported valuation).
- 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).
Frec's last reported valuation, May 2022. Nothing priced has surfaced since.
- ·The complete investor list: 36 names
- ·Watch Frec: the Monday email on marks, rounds and moves
Frec 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.
Who backs Frec
36+Membership and data by Private Market View
Frec valuation
Frec's last reported valuation was $125 million in May 2022. No priced round, secondary trade or fund mark has surfaced since.
Frec investors
36 investors are on record for Frec, including Global Founders Capital, Flex Capital, Greylock and 20VC. By type, the record holds 8 venture capital firms and 2 angel investors.
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)
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