FreeAgent’s online accountancy software is designed specifically for small businesses and freelancers. The Edinburgh company was set up in 2007 by Ed Molyneux, 44, Olly Headey, 40, and Roan Lavery, 38, after they recognised a need for simple, hassle-free bookkeeping. FreeAgent now has 36,000 customers worldwide and sales of £3.2m, with £5m forecast for next year. It has raised about £5m in growth capital from investors including software firm IRIS and venture capitalist Robin Klein.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.