2019
Bengaluru (India)
Acquired
FreshReview is an AI-powered SaaS platform specializing in online reputation and review management for businesses across multiple industries and geographies. The company serves local businesses, franchises and digital marketing agencies, enabling them to collect, monitor and respond to customer reviews at scale across more than 15 major platforms, including Google, Facebook and Yelp.
AI-Powered Review Collection & Sentiment Analysis: Aggregates and analyzes reviews from 15+ platforms (Google, Facebook, Yelp) using advanced AI.
Automated, SEO-Optimized Responses: Generates tailored, SEO-friendly replies to customer reviews, boosting online visibility.
Multi-Channel Review Campaigns: Sends review requests via WhatsApp, SMS, email, and video, maximizing customer engagement.
Social Proof Tools: Offers widgets, microsites and automated social media posts to showcase positive feedback and build trust.
CRM & Third-Party Integrations: Integrates with 40+ business software solutions (e.g., Square, QuickBooks, Shopify) for streamlined workflows.
Multi-Location & Franchise Management: Centralized dashboard for agencies and enterprises managing multiple locations, with white-label options for partners.
Core Revenue: Primarily from subscription fees for its SaaS platform, charged per location or user (B2B focus), with plans starting at $199/location/year and professional tiers at $499/location/year.
Additional Streams: Includes white-label/agency partnership fees, advanced analytics add-ons and integration charges for third-party platforms.
Revenue Mix: In FY24, over 80% of revenue came from SaaS subscriptions; the remainder from agency partnerships and add-on services. The company aims to grow advanced analytics and integration revenues.
Key Partner: GaragePlug (post-acquisition, FreshReview is now a core technology within GaragePlug’s Connected Operations Platform for the automotive sector).
Strategic Integrations: Partners with Square, Phorest, Vagaro, Mindbody, and other platforms to enable seamless review management for clients in beauty, wellness and home services.
Client Base: Includes leading auto service brands, multi-location franchises and digital marketing agencies managing multi-brand portfolios.
Risk & Diversification: The GaragePlug partnership reduces client concentration risk by embedding FreshReview across multiple verticals and geographies, while white-label and agency models further diversify revenue streams.
Integration with GaragePlug: Deepen collaboration with GaragePlug to strengthen presence in the automotive sector.
AI Innovation: Invest in advanced AI features, focusing on sentiment analysis and automated marketing tools.
Industry & Geographic Expansion: Target new sectors such as healthcare and real estate and broaden reach through agency and white-label partnerships.
Revenue Growth Initiatives: Increase revenue from analytics and integration services and expand the SMB client segment.
Risk Management: Address competitive pressures and adapt to evolving data privacy regulations.
$100K
1
$100K, Seed
as of January 1, 2021
-
as of N/A
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as of N/A
Upekkha
7
FlexPrice.io
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Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
January 1, 2021 | Seed | $100K | - | - | - | Upekkha |