FreeAgent
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FreeAgent is a
cloud-based Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...
accounting software company based in
Edinburgh Edinburgh is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. The city is located in southeast Scotland and is bounded to the north by the Firth of Forth and to the south by the Pentland Hills. Edinburgh ...
, 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 is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees, and is one of the Big Four accounting firms, along wi ...
'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 The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
. 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

* Business and economics portal *
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