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Freed

Category: AI in Healthcare

Freed provides an AI-powered medical scribe that automates clinical documentation by offering real-time transcription, specialty-specific note templates, and seamless EHR integrations. Freed was founded in 2023. The company is led by Erez Druk. Based in San Francisco, CA, USA. Team size: 101-500. Total funding raised: $34M. Latest round: Series A. Key investors include Sequoia Capital, Scale Venture Partners, Daniel Gross, Gokul Rajaram, Ted Zagat.

Founded
2023
Headquarters
San Francisco, CA, USA
Team size
101-500
Total funding
$34M

Value proposition

Significantly reduces administrative workload by automating documentation, saving clinicians an estimated 2 hours daily and reclaiming millions of cumulative hours of clinical time.

Products and solutions

AI scribe for real-time transcription, Specialty-specific note templates, Custom template builder, Pre-charting, EHR integration via browser extension, Front Desk (AI receptionist), Coding Assistant (ICD-10/CPT code generation)

Unique value

Direct-to-clinician model that bypasses traditional hospital procurement cycles; adaptive AI that learns clinicians’ documentation styles for enhanced accuracy

Target customer

Clinicians across various specialties including solo practices and larger healthcare organizations

Industries served

Healthcare, Medical documentation, Clinical workflow optimization

Technology advantage

State-of-the-art AI automation that drastically reduces administrative time and scales rapidly across varied clinical settings

How they differentiate

Freed’s direct-to-clinician approach and agility in software updates set it apart from competitors entrenched in traditional hospital systems.

Main competitors

M*Modal, Nuance Communications, athenahealth

Key partnerships

Sequoia Capital, Scale Venture Partners

Notable customers

26, 000+ clinicians across 1, 300+ clinics and nearly 100 specialties

Major milestones

Secured $30M Series A funding (Mar 2025), Launched Front Desk AI receptionist (Apr 2026), Launched Coding Assistant (2026), Expanded to 26,000+ clinicians and 1,300+ clinics, Surpassed $20M ARR (Apr 2025)

Growth metrics

Over 26,000 clinicians with 5.9 million hours returned annually; 1,300+ clinics; $20M+ ARR as of April 2025

Market positioning

Positioned as a transformative solution in reducing clinician burnout through automated medical documentation

Geographic focus

Primarily focused on the U.S. healthcare market

Patents and IP

None reported as of now

About Erez Druk

Erez Druk is the co-founder and CEO of Freed, an AI-powered medical scribe that automates clinical documentation. He was inspired to create Freed after witnessing the administrative burdens his wife, a family physician, faced. Before Freed, Druk was a software engineer at Facebook and the founder of a startup called UrbanLeap.

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