CMS INDUSLAW advises Freehand on $75 million Series B fundraise

"CMS INDUSLAW advised Freehand on a $75 million Series B round co-led by Battery Ventures and NewRoad Capital Partners, with participation from PSP Growth, Nexus Venture Partners and other investors. The capital will support expansion of Freehand’s enterprise AI platform and broader enterprise deployments."

CMS INDUSLAW advised Freehand on its $75 million Series B fundraise, which was co-led by Battery Ventures and NewRoad Capital Partners, with participation from PSP Growth, Nexus Venture Partners and other investors. The funding round raised $75 million to support Freehand’s expansion. The capital will be used to develop and scale Freehand’s enterprise AI platform and to accelerate enterprise deployments across its customer base. Freehand is a San Francisco-based enterprise AI company that develops autonomous AI agents to manage supply-chain spend, including contract enforcement, supplier management, invoice processing, payment workflows and spend reconciliation. Its platform is deployed by leading global enterprises including Meta, Unilever, Johnson & Johnson, Pfizer, Dunkin' and Cardinal Health. CMS INDUSLAW represented Freehand with a team composed by: Winnie Shekhar (Partner), Shantanu Singh (Partner) and Ravishankar M (Senior Associate).

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CMS INDUSLAW advises Freehand on $75 million Series B fundraise

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CMS INDUSLAW advises Freehand on $75 million Series B fundraise

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