A pricing model that typically applies to software or web services. It offers a free limited version of a product/service with basic features or a premium account with added features and functionality at an additional cost. It is a popular business model for startups.
|First released||1980s - concept; 2006 - term|
|Developed by||Jarid Lukin|
|Used by||Zapier, MailChimp, FreshBooks|
Freemium is a combination of words free and premium.