San Francisco, CA · Founded 2021 · Privately Held (backing)
Developer of an investment platform designed for direct indexing, treasury, and margin loans. Frec is based in San Francisco, CA and was founded in 2021. Its last reported valuation was $125 million in May 2022. It has raised $26.4 million.
Last reported valuation
$125.0M
Oct 2026
Priced at
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Total raised
$26.4M
Last round
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Cap table — not yet on record
Frec's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 36 names
·Watch Frec: the Monday email on marks, rounds and moves
