About First Freelance
First Freelance is a company based in London (United Kingdom) founded in 2013 was acquired by Optionis in March 2018.. The company has 11,723 employees as of October 31, 2021. First Freelance offers products and services including Accountancy Lite, Accountancy, and Accountancy Plus. First Freelance operates in a competitive market with competitors including Wave, FreshBooks, Collective, Accountable and Indy, among others.
- Headquarter London, United Kingdom
- Employees 11723 as on 31 Oct, 2021
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name First Freelance Limited
- Date of Incorporation 23 Dec, 2013
- Jurisdiction WARRINGTON, CHESHIRE, UNITED KINGDOM
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Products & Services of First Freelance
First Freelance offers a comprehensive portfolio of products and services, including Accountancy Lite, Accountancy, and Accountancy Plus. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fixed-fee service for non-VAT businesses under £90k turnover.
Includes VAT management and HMRC submissions for growing businesses.
Features IR35 support and quarterly reviews for complex operations.
Funding Insights of First Freelance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in First Freelance
First Freelance has secured backing from 1 investor. Prominent investors backing the company include Optionis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Accounting, employment, tax, and professional services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by First Freelance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - First Freelance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
First Freelance Comparisons
Competitors of First Freelance
First Freelance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wave, FreshBooks, Collective, Accountable and Indy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Web-based accounting software is offered for business use.
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| domain | founded_year | HQ Location |
Cloud-based invoicing and accounting software is offered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based back-office platform for self-employed and businesses is offered.
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| domain | founded_year | HQ Location |
App-based accounting solutions are offered to freelancers for management needs.
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| domain | founded_year | HQ Location |
Cloud-based accounting software is provided for freelancers' financial management.
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| domain | founded_year | HQ Location |
Cloud-based accounting software is provided for business management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about First Freelance
When was First Freelance founded?
First Freelance was founded in 2013.
Where is First Freelance located?
First Freelance is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does First Freelance have?
As of Oct 31, 2021, the latest employee count at First Freelance is 11,723.
What is the annual revenue of First Freelance?
Annual revenue of First Freelance is $2.41M as on Oct 31, 2020.
What does First Freelance do?
First Freelance was established in 2013 in London, United Kingdom, operating within the tech-enabled accounting sector. Online services are provided to freelancers, contractors, and small businesses, encompassing accounting, tax planning and advisory, financial tracking, payroll management, branding and marketing support, as well as taxation and compliance. These operations focus on streamlining financial processes for clients in the UK and beyond.
Who are the top competitors of First Freelance?
First Freelance's top competitors include FreshBooks, Wave and MBO Partners.
What products or services does First Freelance offer?
First Freelance offers Accountancy Lite, Accountancy, and Accountancy Plus.
Who are First Freelance's investors?
First Freelance has 1 investor. Key investors include Optionis.
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