Freetrade - About the company
Freetrade is an acquired company based in London (United Kingdom), founded in 2015 by Davide Fioranelli, Viktor Nebehaj and Adam Dodds. It operates as an App-based stock market trading platform. Freetrade has raised $165M in funding from Left Lane, with last known valuation of $*****. The company has 207 active competitors, including 18 funded and 32 that have exited. Its top competitors include companies like Groww, Upstox and Scalable Capital.
Company Details
App-based stock market trading platform. It allows users to invest in shares, ETFs, SIPs, and investment trusts. It also offers investments in fractional shares and tax-efficient pension savings. Its application is available for Android and iOS platforms.
- Website
- freetrade.io
- Registered Address
- PEARTREE BUSINESS CENTRE COBHAM ROAD,FERNDOWN INDUSTRIAL ESTATE,WIMBORNE,ENGLAND,BH21 7PT
Key Metrics
Founded Year
2015
Location
London, United Kingdom
Stage
Acquired
Total Funding
$165M in 11 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 14, 2023
Ranked
2nd among 207 active competitors
Employee Count
255 as on Jun 30, 2026
Exit Details
Acquired by IG Group (Jan 16, 2025)
Legal entities associated with Freetrade
Freetrade is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FREETRADE NOMINEES LIMITED CIN: 10998319 , United Kingdom, Active | Oct 04, 2017 | - | - | |
FREETRADE LIMITED CIN: 09797821 , United Kingdom, Active | Sep 27, 2015 | - | 135 (As on Dec 31, 2024) | |
GAUDI TRUSTEES LIMITED CIN: 7898388 , United Kingdom, Active | Jan 04, 2012 | - | - |
Freetrade's acquisition details
Click here to take a look at Freetrade's acquisition in detail
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Freetrade's funding and investors
Freetrade has raised a total funding of $165M over 11 rounds. Its first funding round was on Jul 28, 2016. Freetrade has 22 institutional investors and 59 angel investors.
Here is the list of recent funding rounds of Freetrade:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 26, 2023 | 3139024 | Series C | 7360412 | 1127350 | 7906543 | 5057523 |
Sep 15, 2022 | 2801611 | Series C | 5136763 | 7742729 | 3674091 | 1951362 |
May 20, 2022 | 4575025 | Series C | 1573531 | 1490896 | 1844561 |
View details of Freetrade's funding rounds and investors
Freetrade's founders and board of directors
Founder? Claim ProfileThe founders of Freetrade are Davide Fioranelli, Viktor Nebehaj and Adam Dodds. Viktor Nebehaj is the CEO of Freetrade.
Here are the details of Freetrade's key team members:
- Davide Fioranelli: Former Co-Founder of Freetrade.
- Viktor Nebehaj: Co-Founder & CEO of Freetrade. Contact Info: 1 email address
- Adam Dodds: Former Co-Founder of Freetrade. Contact Info: 1 email address
Freetrade's Board of Directors
Freetrade's board has 5 active members. Davide Fioranelli, Viktor Nebehaj and Adam Dodds are part of team and Clifford James Abrahams and Laura-jane O'shea are independent board members.Here is the list of Freetrade's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 7m | |
Team | - | Current | 7y 9m | |
Team | - | Current | 10y 9m | |
egxoucc | Team | - | Past | 5y 3m |
kzcymsz | Team | - | Past | 9y 9m |
gmfmjes | Team | - | Past | 4y 9m |
Independent board member | - | Current | 1y 0m | |
ltmtrcw | Independent board member | - | Current | 7y 3m |
vevhgta | Independent board member | - | Past | 6y 1m |
View details of Freetrade's Founder profiles and Board Members
Freetrade's employee count trend
Freetrade has 255 employees as of Jun 26. Here is Freetrade's employee count trend over the years:
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Freetrade's Competitors and alternates
Top competitors of Freetrade include Groww, Upstox and Scalable Capital. Here is the list of Top 10 competitors of Freetrade, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of an online platform for investments and trading services | $596M | 89/100 | ||
2nd | Freetrade 2015, London (United Kingdom), Acquired | App-based stock market trading platform | $165M | 79/100 | |
3rd | Broker-based online trading and investment platform | $220M | 78/100 | ||
4th | Scalable Capital 2014, Munich (Germany), Series F | Provider of a digital investment and brokerage platform | $550M | 76/100 | |
5th | Online investing platform for stocks and mutual funds | $245M | 76/100 | ||
6th | Tastytrade 2011, Chicago (United States), Acquired | Online platform publishing content focusing on investment | $60.4M | 74/100 | |
7th | App-based investment platform for gold, crypto, and mutual funds | $123M | 74/100 | ||
8th | Broker-based online platform for trading stocks | $37.8M | 69/100 | ||
9th | Provider of an application for stock and crypto asset trading | $140M | 69/100 | ||
10th | Trading212 2004, London (United Kingdom), Series A | App-based stock trading and investment platform for individuals | $34.1M | - | 66/100 |
Looking for more details on Freetrade's competitors? Click here to see the top ones
Freetrade's Investments and acquisitions
Freetrade has made 1 investment in Hands In and acquired IG Group.Reports related to Freetrade
Here is the latest report on Freetrade's sector:
News related to Freetrade
Media has covered Freetrade for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
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Freetrade's Pre-Tax Loss Triples to £24.4 Million Amid Acquisition Costs and Marketing PushFinance Magnates•May 12, 2026•IG, Freetrade
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IG announces new buyback as annual revenue and profit jumpsShareprices•Jul 24, 2025•IG Group, Freetrade
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Tracxn Breaks Down Where UK Fintech Investment is Going as it Reaches $446million in Q1’25
The Fintech Times•Apr 15, 2025•nsave, Quantexa, Fundment, RedCloud and 11 others
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Two billion-plus deals among January’s largest announced transactionsInsider Media•Feb 03, 2025•Dowlais, Diversified Energy, GSK, Petershill Partners and 24 others
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IG Group extends share buybacks after Freetrade acquisitionCity A.M.•Jan 23, 2025•IG Group, Freetrade
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