FreeWheel, a privately owned entity headquartered in the United States, operates as a subsidiary of Comcast Xfinity and includes Beeswax among its subsidiaries. Founded in 2007, the company employs approximately 1,400 individuals and reported $2.1 billion in revenue as of 2024. The company specializes in TV and streaming ad technology, functioning as a global provider of cross-screen, omnichannel data and tech solutions for the addressable advertising industry.

2024 Revenue

Founded

2007

Headcount

1,428

Headquarters

United States

Primary Segment

TV and streaming ad tech

Ownership

Privately Owned

Deployments

127

News Summary:

On July 23, projections indicated that political advertising spend for the 2026 midterm elections is expected to reach nearly $11 billion, with streaming/CTV forecast to account for 24% of total cycle spending and be the sole media type to increase from 2024. Also on July 23, DanAds Co-founder and CCO Peo Persson was featured in a FreeWheel Partner Spotlight, detailing how the company's integration and an AI-first approach assist premium publishers in generating new revenue at scale and transitioning from legacy ad-sales models. Earlier the same day, TF1 and FreeWheel discussed the future of premium video, noting the evolution of European broadcasters into streaming-first media businesses and the industry's shift into a new era of innovation and scale for delivering premium advertising experiences. Previously, on July 20 at Cannes Lions 2026, egta’s Director General Katty Roberfroid joined Emmanuel Josserand at FreeWheel Beach to discuss the future of premium TV and video advertising, addressing the growing pressure on global advertisers to execute seamless campaigns across markets while meeting performance and accountability expectations. This follows a July 14 discussion on what sellers seek from AI, acknowledging its rapid integration into modern media and the acceleration of innovation in demand forecasting and yield optimization for sell-side teams.

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FreeWheel offers 9 products in the media tech and ad tech and services industries. FreeWheel's product portfolio comprises of tV and streaming ad tech, RTB and programmatic and marketer and agency technology.
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FreeWheel's revenues were over $1B in 2024. Caretta Research has split FreeWheel's revenue into 6 different product categories, the largest of which is tV and streaming ad sales. For full access to FreeWheel's revenue breakdown subscribe to Caretta Portal.
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FreeWheel's customers primarily consist of telecoms companies. Examples of FreeWheel's customers include Charter Communications, AT&T and NBCUniversal. FreeWheel has commercial and technical partners like Comscore, AMC Global Media and Comcast Technology Solutions (CTS).

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