FreeBalance

FreeBalance

Only public financial management solution built exclusively for government.

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DateInvestorsAmountRound
investor

€0.0

round

$3.0m

Series B
Total Funding000k
Notes (0)
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FreeBalance is a global provider of Public Financial Management (PFM) solutions, serving governments and public sector organizations. The company operates in the PFM market, focusing on enhancing governance, transparency, and effectiveness through its modular and scalable Government Resource Planning (GRP) software. FreeBalance's business model revolves around co-creating systems with governments to meet their specific needs, ensuring customer-centric solutions. The company generates revenue through the sale of its software, services, and comprehensive training programs offered by the FreeBalance Academy. These training programs are designed to equip civil servants with the skills required for sustainable growth and effective public financial management. FreeBalance's solutions include fiscal transparency portals, government performance management tools, and public expenditure management systems, all aimed at combating corruption and enabling reform.

Keywords: Public Financial Management, governance, transparency, government reforms, fiscal transparency, GRP software, performance management, expenditure management, capacity building, customer-centric.

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