Overview
AI teams that audit supply-chain spend, resolve disputes and recover supplier credits.
What Freehand does
Freehand automates work around supply-chain and freight spending. Its AI teams read contracts and invoices, compare charges with agreed terms and shipping evidence, and identify items that need correction or recovery.
The workflow carries issues into supplier communications, dispute handling and credit negotiation. Once resolved, the results can be posted back to the enterprise’s ERP with an audit trail, linking the analysis to an operational outcome.
Freehand serves large organizations with complex supplier spend. Its offering extends beyond reporting possible overpayments: the platform is designed to execute the follow-through between the invoice, carrier or supplier, and the finance system.
Company details
- Funding
- $75 million funding round (July 2026)
Founders & leadership
Investors & backers
Freehand announced a $75 million funding round on July 29, 2026, co-led by Battery Ventures and NewRoad, with Penny Pritzker participating.
- Battery Ventures
- NewRoad Capital Partners
- Penny Pritzker











