FreeAgent

FreeAgent is cloud-based accounting software company based in Edinburgh, Scotland.

FreeAgent Holdings Ltd.
Subsidiary
IndustrySoftware as a Service (SaaS)
Founded2007
FounderEd Molyneux, Olly Headey, Roan Lavery
HeadquartersEdinburgh, Scotland, UK
Key people
Ed Molyneux (CEO)
OwnerRoyal Bank of Scotland Group
Number of employees
200 (as of July 2019)
Websitewww.freeagent.com

History
FreeAgent at Accountex 2019

FreeAgent was launched in September 2007. The company was founded by Ed Molyneux, Olly Headey and Roan Lavery.

In 2012 FreeAgent acquired the American startup 60mo, in order to expand into the US market.[1] It topped Deloitte's list of fastest growing technology firms in 2013.[2]

In 2015, FreeAgent raised over £1 million via crowdfunding with Seedrs.[3][4]

In November 2016, FreeAgent became a public company, floating on the London Stock Exchange.[5]

In 2018, Royal Bank of Scotland Group acquired FreeAgent for £53 million.[6]

See also

References
  1. "FreeAgent Acquires Financial Software Startup 60mo; Lands Investment From Lightbank". TechCrunch. 3 May 2012.
  2. "Online accounting firm FreeAgent tops Deloitte growth list". BBC News. 13 November 2013.
  3. "FreeAgent". www.seedrs.com. Retrieved 2019-03-27.
  4. https://www.scotsman.com/business/freeagent-ps1m-crowdfunding-drive-re-invention-1504492
  5. https://www.lseg.com/markets-products-and-services/our-markets/london-stock-exchange/equities-markets/raising-equity-finance/market-open-ceremony/london-stock-exchange-welcomes-freeagent-aim
  6. https://www.scotsman.com/business/freeagent-taken-over-rbs-aps53m-deal-311219
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