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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.
Social
X
Registered Address
PEARTREE BUSINESS CENTRE COBHAM ROAD,FERNDOWN INDUSTRIAL ESTATE,WIMBORNE,ENGLAND,BH21 7PT
Key Metrics
Founded Year
2015
Location
Stage
Acquired
Total Funding
$165M in 11 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 14, 2023
Investors
Ranked
Employee Count
255 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by IG Group (Jan 16, 2025)

Freetrade's acquisition details

Freetrade got acquired by IG Group on Jan 16, 2025 at an acquisition amount of $*****.
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:lockFilter this list
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
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Freetrade's founders and board of directors

Founder? Claim Profile
The 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:

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

Freetrade's employee count trend

Freetrade has 255 employees as of Jun 26. Here is Freetrade's employee count trend over the years:
Employee count trend for Freetrade
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Groww
Groww
2016, Bengaluru (India), Public
Provider of an online platform for investments and trading services
$596M
89/100
2nd
Logo for Freetrade
Freetrade
2015, London (United Kingdom), Acquired
App-based stock market trading platform
$165M
79/100
3rd
Logo for Upstox
Upstox
2009, Mumbai (India), Series C
Broker-based online trading and investment platform
$220M
78/100
4th
Logo for Scalable Capital
Scalable Capital
2014, Munich (Germany), Series F
Provider of a digital investment and brokerage platform
$550M
76/100
5th
Logo for Ajaib
Ajaib
2018, West Jakarta (Indonesia), Series B
Online investing platform for stocks and mutual funds
$245M
76/100
6th
Logo for Tastytrade
Tastytrade
2011, Chicago (United States), Acquired
Online platform publishing content focusing on investment
$60.4M
74/100
7th
Logo for Pluang
Pluang
2018, Jakarta (Indonesia), Series C
App-based investment platform for gold, crypto, and mutual funds
$123M
74/100
8th
Logo for thndr
thndr
2020, Cairo (Egypt), Series A
Broker-based online platform for trading stocks
$37.8M
69/100
9th
Logo for Midas
Midas
2020, Uskudar (Turkey), Series B
Provider of an application for stock and crypto asset trading
$140M
69/100
10th
Logo for Trading212
Trading212
2004, London (United Kingdom), Series A
App-based stock trading and investment platform for individuals
$34.1M
-
66/100
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Freetrade's Latest cap tables and shareholding

Founders (largest shareholder) own 46.90%, Funds own 0.00%, Enterprises own 0.02% and Angels own 22.50%. The net worth of Freetrade's founders is INR 15.2M as of Sep 27, 2018.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
46.90%
15.2M
8638879
1082139
7477192
1612685
Fund
0.00%
148
0
0
0
0
Enterprise
0.02%
5.14K
0
0
0
0
Angel
22.50%
6.23M
5960745
2749864
2358716
5778196
Total
69.42%
2.15Cr
8720612
7533036
3884883
9770319
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Freetrade's Shareholding

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

lockFilter this list
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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FAQs about Freetrade

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