Frec
frec.com
Actively hiring
Online Brokerage & Trading Platforms
Investing Apps & Robo-Advisors
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Overview
News
Technologies
Salaries
Products
People
Growth
Offices
Jobs
Financials
Funding and backers
Total raised
$26.4M
1 round on record
Latest round
$26.4M
Venture round · Oct 2023 · 3 yr ago
Team
51-200
employees, estimated range
Hiring now
3
open roles
Backers
1
Greylock
The money's age
Long since its last round
36 months since the last round · hiring slowed
Momentum
15/100
in the news
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Feb 3, 2025
Launched Frec Launches Portfolio Allocation Feature, Giving Investors Full Control Over Rebalancing · businesswire.com
Dec 16, 2024
Released an app Frec: Tax-aware investing · App Store
Jan 22, 2024
Launched on Hacker News Show HN: Frec lets you tax loss harvest the S&P 500 via direct indexing
Oct 3, 2023
Raised a round Venture round $26.4M · led by Greylock
2021
Founded
Tractionpublic signals, read monthly
Web presence
top 6%
of 133.2M domains by links, Common Crawl
App Store
4.8 ★
39 ratings
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Oct 2023 | $26.4M | Greylock lead | businesswire.com |
Backed byfrom the funds' portfolios and accelerator catalogs
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How Frec hires
Truth index
B 75/100
Ghost roles
0%
Stale roles
100%
Reposted roles
0%
Frec scores B on the Alion truth index (A is best, E worst), measured over 3 open roles re-checked against its own hiring board: 0% look like ghost listings, 100% have gone stale and 0% are the same role posted again. It measures how much of what this employer publishes turns into a real, finite search - not the employer as a workplace. How the index is computed
Overview
Frec brings direct indexing to retail investors, buying the underlying shares of an index so losses on individual positions can be harvested for tax. It also offers portfolio-backed lines of credit at rates tied to short-term benchmarks. The service targets people who would otherwise hold index funds in a taxable account.
News
Direct Indexing Platform Frec Adds Portfolio Allocation
San Francisco-based Frec, a direct indexing platform for self-directed investors, has launched a portfolio allocation feature.
Read more
Report
Frec Launches Portfolio Allocation Feature, Giving Investors Full Control Over Rebalancing
Read more
Report
Frec: $26.4 Million Raised To Automate Self-Service Investment Products
Frec revealed it has $26.4 million in seed and Series A funding led by Greylock with participation from Social Leverage and others along with other major announcements.
Read more
Report
Frec Launches Direct Indexing, Takes First Mover Advantage - Exclusive Insights From CEO Mo Al Adham (UPDATED)
Read more
Report
Frec Emerges from Stealth with $26.4 Million in Funding, Led by Greylock, to Launch Its Investment Platform
Read more
Report
Clearing and Custody
Discover enterprise-grade clearing and custody solutions for fintech and financial institutions. Contact Apex to streamline real-time operations today.
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Report
Tech stack
Technologies named in job postings at Frec over the last 12 months, by layer, with the share of postings for each.
Technologies in use
8
Postings analysed
5
Stack modernity
77/100
Languages
Python
TypeScript
SQL
Databases
PostgreSQL
Redis
Cloud & platforms
AWS
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Full Frec tech stack
8 technologies · by team · pay by technology · changes · similar stacks
Salary insights
Compensation ranges based on this company's open jobs
Median
$300k
Typical range
$200k – $300k
Open positions
3
1
Jobs
Middle
100%
| Level | Jobs | Median | Typical range |
|---|---|---|---|
| Middle | 1 | $200k | $200k |
Highest paying role
Backend Engineer
$300k
Normalized to USD per year
Growth
Hiring Momentum
41/100
Stable
Open positions
3
0 opened / 2 closed in 30 days
Median time-to-fill
165 days
faster than 8% of the market
ATS activity
Every ~4 hours
Today
Hiring Dynamics
+100%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
Backend
33% ▼
Frontend
33% ▼
Sales
33% ▼
Offices
Where the company hires and what each office is for
Cities
2
Hiring now
2
Countries
1
Busiest office
San Francisco
Loading the map
Headquarters
Builds here
Office with open vacancies
Tap a pin for the office
San Francisco
United States
HQ
3 open roles 67% engineering 50-200 est. staff $267k Avg Salary
hires for Backend, Frontend, Sales
New York
United States
Engineering / R&D
3 open roles 67% engineering 50-200 est. staff $267k Avg Salary
hires for Backend, Frontend, Sales
Jobs
$200k – $300k per year • Equity • In office • Full-Time • San Francisco • New York
Python
TypeScript
PostgreSQL
Redis
Frontend
GraphQL
DevOps
AWS
Apply
$200k – $300k per year • Equity • In office • Full-Time • San Francisco • New York
Python
TypeScript
PostgreSQL
Redis
Frontend
GraphQL
DevOps
AWS
Apply
Financials
Total raised
$26.4M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Venture - Series Unknown | 2023 | $26.4M | Details |