About Flagstone
Flagstone is a company based in London (United Kingdom) founded in 2013 by Andrew Thatcher and Simon Merchant.. Flagstone has raised $171.58 million across 5 funding rounds from investors including Gov.uk, MoneySuperMarket and Estancia Capital Management. Flagstone offers products and services including Savings Platform and Cash Deposits Calculator. Flagstone operates in a competitive market with competitors including American Express, Raisin, TotallyMoney, MoneySuperMarket and Property Master, among others.
- Headquarter London, United Kingdom
- Founders Andrew Thatcher, Simon Merchant
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Sectors
Financial Services
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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 Flagstone Group Ltd
- Date of Incorporation 14 May, 2013
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$171.58 M (USD)
in 5 rounds
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Latest Funding Round
$138.83 M (USD), Series B
Mar 11, 2024
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Investors
Gov.uk
& 7 more
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Employee Count
Employee Count
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Products & Services of Flagstone
Flagstone offers a comprehensive portfolio of products and services, including Savings Platform and Cash Deposits Calculator. 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.
Manages cash deposits and interest rates across multiple banks securely.
Illustrates potential earnings and FSCS protection for savings.
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Sales and Marketing
11 people
Product Management Team
9 people
Software Development Team
9 people
Leadership Team
6 people
Human Resources and Administration
6 people
Finance and Accounting
4 people
Data Analysis and Operations Team
4 people
Senior Team
3 people
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Funding Insights of Flagstone
Flagstone has successfully raised a total of $171.58M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $138.83 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $138.8M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series B - Flagstone | Valuation | Estancia Capital Management |
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| Mar, 2022 | Amount | Series A - Flagstone | Valuation | WealthClub | |
| May, 2020 | Amount | Series A - Flagstone | Valuation | OMERS |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Flagstone
Flagstone has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, MoneySuperMarket and Estancia Capital Management. 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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Volution is engaged in funding Fintech and SaaS scale-ups.
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Early-stage technology-driven companies are targeted for venture capital investments.
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Venture capital funding is offered to pre-seed and seed startups.
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| 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Flagstone
| 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 - Flagstone
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Flagstone Comparisons
Competitors of Flagstone
Flagstone 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 American Express, Raisin, TotallyMoney, MoneySuperMarket and Property Master, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products for individuals and businesses are compared online.
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| domain | founded_year | HQ Location |
Comparison platform for bank accounts
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| domain | founded_year | HQ Location |
Credit comparing website
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| domain | founded_year | HQ Location |
Developer of an online comparison platform for life and non-life insurance and loans
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| domain | founded_year | HQ Location |
Mortgage comparison platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Flagstone
Frequently Asked Questions about Flagstone
When was Flagstone founded?
Flagstone was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Flagstone located?
Flagstone is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Flagstone?
Simon Merchant is the current CEO of Flagstone. They have also founded this company.
Is Flagstone a funded company?
Flagstone is a funded company, having raised a total of $171.58M across 5 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Nov 29, 2017.
What does Flagstone do?
Online comparison platform for bank deposit accounts. It enables companies, charities, wealth managers, high net worth individuals, and others to access term deposit accounts based on interest rates. It offers a cash deposit platform for wealth advisors to offer financial advisory and investment management services to the end customers.
Who are the top competitors of Flagstone?
Flagstone's top competitors include American Express, Raisin and TotallyMoney.
What products or services does Flagstone offer?
Flagstone offers Savings Platform and Cash Deposits Calculator.
Who are Flagstone's investors?
Flagstone has 8 investors. Key investors include Gov.uk, MoneySuperMarket, Estancia Capital Management, WealthClub, and Volution.