How Much Did FreeUpMD Raise?
Funding & Key Investors

FreeUpMD has secured $350K in total capital, with a recent strategic investment of $350K announced on September 30, 2024. This significant financing underscores the company's established presence and growth trajectory in the healthcare staffing sector.

What is FreeUpMD?

FreeUpMD
Business ServicesHuman Resources Management Systems (HRMS)

FreeUpMD operates as a physician-owned and led locum tenens company, focused on delivering high-quality healthcare professionals to medical facilities. The organization streamlines the hiring process to save clients time and money, while simultaneously prioritizing work-life balance for locum physicians through comprehensive support including credentialing, travel arrangements, and flexible scheduling. This dual focus on client efficiency and physician well-being positions FreeUpMD as a key player in ensuring quality patient care and physician satisfaction.

How much funding has FreeUpMD raised?

FreeUpMD has raised a total of $350K across 1 funding round:

2024

Debt

$350K

Debt (2024): $350K with participation from Huntington National Bank

Key Investors in FreeUpMD

Huntington National Bank

Huntington National Bank is a financial institution that likely provided debt financing, supporting FreeUpMD's operational scaling and strategic initiatives through established credit facilities.

What's next for FreeUpMD?

The substantial late-stage funding and recent strategic investment indicate FreeUpMD is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel further development of their proprietary hiring platform, expand their network of healthcare facilities, and potentially broaden their service offerings. The company's emphasis on building trusted relationships suggests a strategy focused on deepening market penetration and solidifying its reputation as a reliable provider of locum tenens services.

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Frequently Asked Questions Regarding FreeUpMD Financial Insights

What are the most recent funding rounds that FreeUpMD has completed, and what were the funding rounds?
FreeUpMD has recently completed 1 funding rounds: Debt on Sep 30, 2024.
What is the total amount of funding FreeUpMD has raised to date?
FreeUpMD has raised a total of $350K in funding to date.
How many funding rounds has FreeUpMD completed?
FreeUpMD has completed 1 funding rounds.
How much funding did FreeUpMD raise in its most recent funding round?
FreeUpMD raised $350K in its most recent funding round.
Who are the lead investors in FreeUpMD's latest funding round?
The lead investor in FreeUpMD's latest funding round was Huntington National Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in FreeUpMD's history?
The largest funding round in FreeUpMD's history was $350K.
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