FreeBalance
Series B in 2002
FreeBalance Inc., headquartered in Ottawa, Canada, develops software solutions tailored for public financial management. The company offers the FreeBalance Accountability Suite, a comprehensive government resource planning solution available in web-based and client-server configurations. This suite includes modules for government performance management, financial management information systems, budgetary controls, treasury management, expenditure management, receipts management, and civil service management. Additionally, FreeBalance provides transparency portals for public access to government budgets and expenditures, eProcurement portals for open tenders, and an accountability platform designed for multi-tiered governments. The company also offers planning, implementation, and training services. FreeBalance serves central governments, regional and local agencies, and aid projects worldwide, with offices in Guatemala City, Pristina, Lisbon, Kampala, Kolkata, Monrovia, and Washington D.C. Founded in 1984, the company is committed to empowering governments through accountable, transparent, and ethical solutions.