FreakOut

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

FreakOut - overview

Established

2017

Location

Tokyo, Tokyo, Japan

Primary Industry

Marketing/Advertising

About

Based in Tokyo, Japan, FreakOut, Inc. d. b. a.


FreakOut operates as a subsidiary of FreakOut Holdings, inc. In 2017, the company was founded by Honda, after becoming interested in real-time bidding (RTB), a new advertising transaction mechanism created in New York. In June 2026, Itochu partially exited its stake in FreakOut in a private placement. The financial terms of the deal were not disclosed.


Honda applied his entrepreneurial and M&A experience in the ad technology field and started up his second company. He based his office from his home in Chiba after deciding that he would devote himself to the development at the initial stage. In 2011, Honda had proposed to several advertising companies in which he had personal investments that they start supply-side platforms (SSP). In the same year, Honda opened an office in Tokyo to begin full-fledged business activities.


The company only had 10 employees in August, but by November they were almost 20, so they moved again to an office that could accommodate 30. In 2012, they established their first US branch office in New York, and relocated their headquarters again, in offices that could accommodate 100 people. In the same year, they established their first Board of Directors, Yusuke Sato and Kotaro Yokoyama are appointed as Directors. In 2014, they moved headquarters once again to its current location in 2021.


Later that year it became listed in the Mothers section of the Tokyo Stock Exchange. Also established a branch in Osaka, to capture the West Japan (Kansai) market. In 2017, the management structure was changed, Tomohiro Yasukura and Shusuke Nagai were appointed as Directors, in order to expand business in new areas such as overseas and FinTech. In 2020, a 3-year medium-term management plan was formulated for 2023, and the company was again restructured.


Keiji Tokiyoshi and Makoto Takeuchi were appointed Directors. FreakOut mainly manages the following products: Red, a marketing platform for mobile phones outfitted with an advanced unique machine learning engine; FreakOut DSP, a demand-side platform which buys only advertising opportunities that advertisers need at a reasonable price and optimize their efficacy; MOTHER, a data management platform that turns various user data into assets and directly analyze and apply those information as marketing data; ASE, a position information marketing platform that can make distribution, attracting retail customers and customer analysis effective as well as improve their user-friendliness; LayApp is a marketing platform that supports the maximization of earning opportunities; Poets, a premium ad platform that provides advertising experience without losing user experience by using content UI and advertising formats with high affinity; Red for Publishers constructs ad platforms for digital media, and supports development of a premium ad framework with high CPM unit value, and even supports the sales and operations that are necessary for the advertising business.


Current Investors

Z Venture Capital, Itochu, GMO VenturePartners

Primary Industry

Marketing/Advertising

Sub Industries

eMarketing/Digital Marketing

Website

www.fout.co.jp

Verticals

AdTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

FreakOut - timeline of key events

Blurred Background

Want to see the Timeline of Key Events?

Request a demo for full access to this profile.

FreakOut - financials

Fiscal Year EndedSep 30, 2018Sep 30, 2019Sep 30, 2020Sep 30, 2021Sep 30, 2022Sep 30, 2023Sep 30, 2024Sep 30, 2025
Revenue (USD)14,745,201,00021,709,735,0002,478,580,00029,499,898,00028,965,063,000---
% Revenue Growth (YoY)-47.2%(88.6%)1090.2%(1.8%)---
EBITDA (USD)(47,502,000)(629,497,000)485,027,0001,409,609,0001,775,996,000---
Operating Income (USD)(532,701,000)(1,270,418,000)211,492,0001,009,316,0001,330,608,000---
Operating Margin(3.6%)(5.9%)8.5%3.4%4.6%---
% EBITDA Margin(0.3%)(2.9%)19.6%4.8%6.1%---
NET Income (USD)73,394,000(3,447,109,000)441,228,000934,513,0001,823,716,000---
% Net Margin0.5%(15.9%)17.8%3.2%6.3%---

FreakOut - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedInfostellar-
Private Placement/Follow onCompletedFreakOut-
Add-onCompletedVAAS, LLC-
Add-on, Trade SaleCompletedVidgyor Media Technologies Private Limited-
Series ACompletedSilverpush-

Displaying 1 - 5 of 37

FreakOut - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.