When was FreeAgent founded?

FreeAgent was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Where is FreeAgent located?

FreeAgent is headquartered in Edinburgh, United Kingdom.

Who is the current CEO of FreeAgent?

Ed Molyneux and Roan Lavery s of FreeAgent. Ed Molyneux has also founded 1 company.

Which legal entities is FreeAgent associated with?

FreeAgent is associated with FREEAGENT CENTRAL LTD and 2 others.

How many employees does FreeAgent have?

As of May 31, 2026, the latest employee count at FreeAgent is 405.

Is FreeAgent a funded company?

FreeAgent is a funded company, having raised a total of $21.9M across 7 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Mar 20, 2009.

How much is FreeAgent worth?

The last known valuation of FreeAgent was $***** as of Mar 27, 2018.

When was the latest funding round of FreeAgent?

FreeAgent's latest funding was a $***** Series A round on May 21, 2015, with participation from 0 investor. Its primary sector is Finance & Accounting Tech. Globally, the Finance & Accounting Tech sector has seen $3.44B in funding in 2026 to date.

Where does FreeAgent rank among its competitors?

FreeAgent ranks 3rd amongst 2841 active competitors, of which 199 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Pennylane, which secured $205M in Jan, 2026.

Who are the top competitors of FreeAgent?

FreeAgent's top competitors include Intuit, Vyapar and Pennylane. Among them, Pennylane secured the most recent funding round in January, 2026.

FreeAgent - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is FreeAgent an acquired company?

FreeAgent got acquired by RBS Group on Mar 27, 2018.

Company Details

Cloud-based accounting software for small businesses, freelancers, and accountants. It offers solutions to manage log expenses, create and send invoices, track time and forecast tax bills. It also provides solutions for RTI-compliant payroll, invoice and estimate management, expense management, cash flow tracking, and more.

Website: www.freeagent.com/
Social

Key Metrics

Founded Year

2007

Location

Edinburgh, United Kingdom

Stage

Acquired

Total Funding

$21.9M in 7 rounds

Latest Funding Round

Series A, May 21, 2015, $*****

Last Known Valuation

$***** as on Mar 27, 2018

Investors

Eiffel Investment Group & 24 more

Ranked

3^rd among 2841 active competitors

Employee Count

405 as on May 31, 2026

Investment & Acquisitions

60mo

Similar Companies

Intuit & 3541 more

Exit Details

Acquired by RBS Group (Mar 27, 2018)

View FreeAgent's full profile

FreeAgent is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
FREEAGENT CENTRAL LTD CIN: SC316774 , United Kingdom, Active	Feb 18, 2007	-	264 (As on Dec 31, 2021)
PRO KONSULT LIMITED CIN: 12663546 , United Kingdom, Active	Jun 10, 2020	£0 - £1M (As on Jun 30, 2023)	2 (As on Jun 30, 2024)
FREEAGENT HOLDINGS LIMITED CIN: SC541036 , United Kingdom, Active	Jul 24, 2016	-	-

FreeAgent got acquired by RBS Group on Mar 27, 2018 at an acquisition amount of $*****.

Click here to take a look at FreeAgent's acquisition in detail

FreeAgent has raised a total funding of $21.9M over 7 rounds. Its first funding round was on Mar 20, 2009. FreeAgent has 19 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of FreeAgent:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 21, 2015	7827478	Series A	5088012	3190877	4692685	2089312
Apr 08, 2015	1104134	Conventional Debt	4937065	1284016	8349035	SaaS Capital
Mar 23, 2013	4554250	Series A	3552634	9943748	6313523	5667298

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View details of FreeAgent's funding rounds and investors

The founders of FreeAgent are Ed Molyneux and Roan Lavery.

Here are the details of FreeAgent's key team members:

Ed Molyneux: Founder & CEO of FreeAgent and founder of 1 other company.
Roan Lavery: Co-Founder & CEO of FreeAgent.
Contact Info: 1 email address

View details of FreeAgent's Founder profiles and Board Members

FreeAgent's employee count trend

FreeAgent has 405 employees as of May 26. Here is FreeAgent's employee count trend over the years:

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Top competitors of FreeAgent include Intuit, Vyapar and Pennylane. Here is the list of Top 10 competitors of FreeAgent, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Europa, Alcor Fund & 25 others	83/100
2nd	Vyapar 2017, Bengaluru (India), Series B	Provider of GST billing, inventory, and accounting software for small businesses	$35.9M	WestBridge Capital, India Quotient & 14 others	80/100
3rd	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Eiffel Investment Group, SaaS Capital & 23 others	77/100
4th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	Sequoia Capital, DST Global & 9 others	77/100
5th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	77/100
6th	Xero 2006, Wellington (New Zealand), Public	Provider of accounting software and related tools for business management	-	Hurlingham Partners, TCV & 9 others	75/100
7th	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	CRV, BDC & 20 others	74/100
8th	Sage 1981, Newcastle Upon Tyne (United Kingdom), Public	Provider of cloud-based enterprise software solutions for accounting, finance, and people management	-	Itz Cash Card, Hud Exchange & 46 others	73/100
9th	Digits 1995, San Francisco (United States), Acquired	SMS based customer authentication and verification service	$97.5M	Google Ventures, SoftBank Vision Fund & 23 others	69/100
10th	Denim 2014, New York City (United States), Acquired	Provider of financial technology solutions for freight businesses	$67.9M	Techstars, Anthemis Group & 18 others	68/100