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 mul ...
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 professio ...
'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 Pa ...
.
In 2018, the
Royal Bank of Scotland Group acquired FreeAgent for £53 million.
See also
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Business and economics portal
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Comparison of accounting software
References
External links
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{{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