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FreeAgent is
cloud-based Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over multip ...
accounting software company based in
Edinburgh Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian ...
, Scotland.


History

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. It topped
Deloitte Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of profession ...
's list of fastest growing technology firms in 2013. In 2015, FreeAgent raised over £1 million via crowdfunding with Seedrs. In November 2016, FreeAgent became a public company, floating on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
. In 2018, the
Royal Bank of Scotland Group NatWest Group plc is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and ...
acquired FreeAgent for £53 million.


See also

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Business and economics portal Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate ...
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Comparison of accounting software The following comparison of accounting software documents the various features and differences between different professional accounting software, personal and small enterprise software, medium-sized and large-sized enterprise software, and oth ...


References


External links

* {{Accounting software Accounting software British companies established in 2007 Royal Bank of Scotland Software companies of Scotland Software companies established in 2007 Companies based in Edinburgh