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.

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 9, 2026, FreeWheel contributed to discussions regarding the industry's alignment on artificial intelligence's transformative role in TV advertising. This followed news on July 7, 2026, about Channel 4's integration with FreeWheel Buyer Cloud, designed to combine premium broadcaster inventory with streamlined, data-driven programmatic access, addressing increased fragmentation and rising expectations for transparency and performance. Earlier, on June 25, 2026, FreeWheel's Partner Spotlight featured DanAds' co-founder, who explained how DanAds' integration with the FreeWheel Partner Portal assists publishers in moving beyond traditional ad-sales models. These developments came after Channel 4 signed five ad-tech partnerships on June 24, 2026, which included FreeWheel, Amazon Ads, Hawk, PubMatic, and Yahoo DSP, to expand programmatic access to its premium advertising inventory and make its video-on-demand ad inventory available on more buying platforms.

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FreeWheel offers 9 products in the ad tech and services and media tech industries. FreeWheel's product portfolio comprises of RTB and programmatic, tV and streaming ad tech 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 Comcast Xfinity, AT&T and Charter Communications. FreeWheel has commercial and technical partners like Comscore, AMC Global Media and Comcast Technology Solutions (CTS).

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