Companies · Other Technology

Freshworks Inc.

SAN MATEO · Other Technology

Diligence memoA one-page analyst read on Freshworks Inc. — recommendation, valuation, rhythm, risks.
$439.6M
Total raised · real
8
Rounds
3.8×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Dec 16 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Freshworks Inc. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.10× the median modeled value of Series D+ Other Technology companies in 2019–2021 (105 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.5 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Freshworks Inc. is one of 21302 Other Technology companies tracked from SAN MATEO. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2019-12-16
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5B$5.0B$7.5B$10.0BSeed · 2011-10-26 Raised $1.1M (real) Modeled valuation $36M (est)Seed2011Series A · 2012-04-16 Raised $5.0M (real) Modeled valuation $139M (est)Series A2012Series A · 2013-11-14 Raised $7.0M (real) Modeled valuation $194M (est)Series A2013Series B · 2014-06-09 Raised $31M (real) Modeled valuation $944M (est)Series B2014Series C · 2015-04-07 Raised $50M (real) Modeled valuation $1.6B (est)Series C2015Series C · 2016-11-03 Raised $30M (real) Modeled valuation $927M (est)Series C2016Series C · 2018-07-25 Raised $66M (real) Modeled valuation $2.1B (est)Series C2018Series D+ · 2019-12-16 Raised $250M (real) Modeled valuation $7.9B (est)Series D+2019+$5.0M+$7.0M+$31M+$50M+$30M+$66M+$250MCumulative $440M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.1M · 2011
Series A$5.0M · 2012
Series A extension$7.0M · 2013
Series B$31.0M · 2014
Series C$50.0M · 2015
Series C extension$29.5M · 2016
Series C extension$66.0M · 2018
Series D+$250.0M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 83%.

Modeled valuation trajectory
$7.9B
Base estimate est.
$1.4B
Conservative case
$17.3B
Upside case
$2.1B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $35.8M · 2011-10-262011Series A · modeled $138.7M · 2012-04-16Series A · modeled $194.2M · 2013-11-14Series B · modeled $944.1M · 2014-06-09Series C · modeled $1.6B · 2015-04-07Series C · modeled $927.5M · 2016-11-03Series C · modeled $2.1B · 2018-07-25Series D+ · modeled $7.9B · 2019-12-162019
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
6.0 yr
Elapsed time used
6.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$54.0M/yr
Capital velocity
14.7 yr
On record since
2011
First round
8
Rounds on file
How it compares to the market

Benchmarked against 21302 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 138× above median
This company$439.6M
Sector median$3.2M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 2.2× above median
This company$250.0M
Sector median$115.0M
Modeled value — vs sector median (estimate, all stages) 212× above median
This company$7.9B
Sector median$37.3M

Raised more than 99% of sector peers (real $). Modeled value above 100% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #9 of 105.

This companyCohort peer
$1.0B$10.0B$100.0B$100.0M$1.0B$10.0BCapital raised (log)Dataminr, Inc. · Series D+ Raised $911.6M · modeled $10.4B (est)2U, Inc. · Series D+ Raised $410.2M · modeled $10.2B (est)KnowBe4, Inc. · Series D+ Raised $384.2M · modeled $9.8B (est)Automation Anywhere, Inc. · Series D+ Raised $290.0M · modeled $9.2B (est)Courier Plus, Inc. · Series D+ Raised $323.7M · modeled $8.6B (est)Microsoft Corp · Series D+ Raised $270.3M · modeled $8.5B (est)FCID Holdings, Inc. · Series D+ Raised $289.1M · modeled $8.2B (est)RigUp, Inc. · Series D+ Raised $771.7M · modeled $8.0B (est)Turo Inc. · Series D+ Raised $446.8M · modeled $7.9B (est)Unqork Inc. · Series D+ Raised $364.2M · modeled $7.7B (est)Automattic Inc. · Series D+ Raised $815.7M · modeled $7.5B (est)Freshworks Inc. (this company) Raised $439.6M · modeled $7.9B (est)Freshworks Inc.
CompanyStageRaised · realValue · estvs peer med.
Dataminr, Inc.Series D+$911.6M$10.4B2.78×
2U, Inc.Series D+$410.2M$10.2B2.73×
KnowBe4, Inc.Series D+$384.2M$9.8B2.61×
Automation Anywhere, Inc.Series D+$290.0M$9.2B2.44×
Courier Plus, Inc.Series D+$323.7M$8.6B2.28×
Microsoft CorpSeries D+$270.3M$8.5B2.26×
FCID Holdings, Inc.Series D+$289.1M$8.2B2.18×
RigUp, Inc.Series D+$771.7M$8.0B2.14×
Freshworks Inc. this companySeries D+$439.6M$7.9B2.10×
Turo Inc.Series D+$446.8M$7.9B2.10×
Unqork Inc.Series D+$364.2M$7.7B2.06×
Automattic Inc.Series D+$815.7M$7.5B1.99×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.1M2011-10-26$5.3M$35.8M85%
Series A$5.0M2012-04-16$22.7M$138.7M85%
Series A$7.0M2013-11-14$31.8M$194.2M85%
Series B$31.0M2014-06-09$172.2M$944.1M85%
Series C$50.0M2015-04-07$333.3M$1.6B85%
Series C$29.5M2016-11-03$196.7M$927.5M90%
Series C$66.0M2018-07-25$440.0M$2.1B90%
Series D+$250.0M2019-12-16$2.1B$7.9B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.1M2011-10-26
    • First recorded raise — entered as Seed.
    • 4 investors on this round.
  2. Series A$5.0M2012-04-16
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 4.8× larger than the prior — scaling up.
    • 4 investors on this round.
  3. Series A$7.0M2013-11-14
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 4 investors on this round.
  4. Series B$31.0M2014-06-09
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round 4.4× larger than the prior — scaling up.
    • 8 investors on this round.
  5. Series C$50.0M2015-04-07
    • Raised 10 mo later, in step with the ~13 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 8 investors on this round.
  6. Series C$29.5M2016-11-03
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  7. Series C$66.0M2018-07-25
    • Raised again after 21 mo — slower than the ~13 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • 2 investors on this round.
  8. Series D+$250.0M2019-12-16
    • Raised 17 mo later, in step with the ~13 mo sector norm.
    • Round 3.8× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2021 ~Q1
Modeled next raise · ~14mo cadence
$750.0M
Modeled next size est.range $487.5M$1.2B
3.8×
Last step-up
$54.0M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Lee Fixel19 other2013-11
SAMEER GANDHI16 other2019-12
Mohit Bhatnagar4 other2018-07
Randy Gottfried2 other2019-12
Shekhar Kirani2 other2012-04
Barry Padgett1 other2019-12
Eugene Frantz1 other2016-11
Johanna Flower1 other2019-12
Rathnagirish Mathrubootham2011-10
Shanmugam Krishnasamy2019-12
Shanmugam Krishnaswamy2011-10
Shanmugan Krishnaswamy2015-04
Registry & provenance

Freshworks Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1544522
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
FreshTech Solutions, Inc.Other TechnologyPre-Seed$1.7M94%
Fresh Nation Inc.Other TechnologySeed$108.4M90%
Saltworks Solutions, Inc.Other TechnologyPre-Seed$2.6M90%
Canworks, Inc.Other TechnologySeries A$24.3M89%
Justworks, Inc.Other TechnologySeries C$198.3M88%
Fresh Vintage, Inc.Other TechnologySeed$13.0M88%
Shellworks, Inc.Other TechnologySeries A$45.9M87%
Fenworks, Inc.Other TechnologySeed$78.3M87%
Frequently asked
How much funding has Freshworks Inc. raised?
Freshworks Inc. has raised approximately $439.6M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Freshworks Inc.'s estimated valuation?
Provath's modeled valuation for Freshworks Inc. is approximately $7.9B (modeled range $1.4B–$17.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Freshworks Inc. at?
Freshworks Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Dec 16.
What does Freshworks Inc. do and where is it based?
Freshworks Inc. operates in the Other Technology sector, based in SAN MATEO.
Explore related

See where Freshworks Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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