Freqens is a technology company.
Freqens has raised $3.0M across 1 funding round.
Freqens has raised $3.0M in total across 1 funding round.
Freqens has raised $3.0M in total across 1 funding round.
Freqens's investors include Entrepreneur First, General Catalyst, Hambro Perks, Hoxton Ventures, Motier Ventures, Pareto Holdings, Seedcamp, Speedinvest, Philippe Teixeira da Mota, Thomas Rebaud.
Freqens is a Paris-based fintech startup that builds an AI-powered negotiation intelligence platform for B2B purchasing, focusing on indirect expenses (opex) like travel, IT services, and general supplies.[1][2][3] It serves SMEs and mid-sized companies by centralizing supplier data, providing real-time market benchmarks, tracking contract renewals, and identifying savings opportunities—addressing opaque pricing and resource constraints that lead to overpayments of up to 45%.[1][2][4] Launched in beta in July 2024 after raising €3M from Seedcamp, Kima Ventures, Sequoia, Motier Ventures, and angels, Freqens drives growth by enabling data-driven negotiations and internal collaboration for smarter buying.[2][3]
Freqens was founded by serial entrepreneurs with scale-up experience: CEO Maxime Liebens (former CSO at MakiPeople and JobTeaser), COO Richard Gozlan (former CEO of Cleanio, sold to Rocket Internet; COO at Agricool and Gopuff), and CTO Alexandre Barreira (former CPTO at Ornikar).[1] The idea emerged amid rising global inflation, where B2B buyers struggle with cost fluctuations and information asymmetry favoring sellers, making it hard to buy at fair prices.[1][4] Early traction came via a €3M seed round in 2024, leading to a beta launch in July and rapid adoption by teams seeking neutral, real-time benchmarking tools.[2]
Freqens rides the wave of economic pressures like inflation and tightening margins, where B2B purchasing remains opaque and under-optimized despite sharp supplier tactics.[1][4] Timing is ideal as SMEs lack dedicated procurement teams, yet face complex negotiations—Freqens democratizes enterprise-grade tools via AI, enabling efficiency without outsourcing.[2][4] Market forces like rising opex and cash conservation favor it, influencing the ecosystem by promoting data-driven cultures, reducing seller dominance, and amplifying finance/procurement teams in a vendor-heavy landscape.[1][5]
Freqens is positioned for expansion by scaling its benchmark database and adding features like deeper industry trends or predictive spending analytics, targeting more categories beyond IT and travel.[3] Trends in AI procurement automation and economic volatility will accelerate adoption among cost-conscious SMEs, potentially evolving it into a standard for "negotiation-ready" businesses.[4] As it grows, Freqens could reshape B2B transparency, empowering buyers globally and unlocking billions in savings—transforming opaque purchasing into a disciplined, always-on advantage.[1][2]
Freqens has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in November 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2024 | $3.0M Seed | Entrepreneur First, General Catalyst, Hambro Perks, Hoxton Ventures, Motier Ventures, Pareto Holdings, Seedcamp, Speedinvest, Philippe Teixeira da Mota, Thomas Rebaud |