Credited with being the first equity crowdfunded company to have raised growth capital before going public in the UK, the firm’s flotation comes after it raised over £1.2m on Seedrs in July last year. Ed Molyneux, CEO of FreeAgent, commented on the news: “We are very pleased to have today been admitted to trading on AIM – this is a transformational event for FreeAgent. I am delighted by the interest shown in FreeAgent by investors, resulting in our successful placing, and equally delighted to welcome on board our new shareholders.
“Our entry to the AIM market is a positive step that marks the next phase of FreeAgent’s development as we progress our growth strategy. We look forward to our future as a quoted company with confidence,” he added.