FundedIQ
Financial Services

Freetrade: Funding, Investors & Team (Sep 2026)

Freetrade is a brokerage application that offers free share dealing services. They believe investing should be accessible to everyone that's why they aims to make it accessible to everyone. Its app received Best Share Trading Platform at the British Bank Awards 2019. Freetrade was started in 2016 and is based in London, United Kingdom.

freetrade.io LinkedIn London, United Kingdom 251-500 employees
Financial Services FinTech Personal Finance Wealth Management
Total raised
$100M
Rounds
5
Latest
Undisclosed round
Jun 2023

Freetrade has raised $100M across 5 funding rounds on record, the most recent an undisclosed round of $2.2M announced in Jun 2023.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Freetrade Company Profile and Key Stats

Total funding raised
$100M
across 5 rounds on record
Funding rounds on record
5
Latest funding round
Undisclosed round
$2.2M in Jun 2023
Employees
251-500
reported band
Headquarters
London, United Kingdom

Latest funding round on record: Jun 2023.

Freetrade Funding Rounds

Date
Round
Amount
Undisclosed round
$2.2M
Equity Crowdfunding
$1.7M
Debt Financing
$37.5M
Equity Crowdfunding
$10.9M
Series B
$48.1M

Freetrade raised $48.1M in a Series B announced in Mar 2021.

8 months later, an Equity Crowdfunding of $10.9M was announced in Nov 2021.

6 months later, a Debt Financing of $37.5M was announced in May 2022.

4 months later, an Equity Crowdfunding of $1.7M was announced in Sep 2022.

9 months later, an undisclosed round of $2.2M was announced in Jun 2023.

Freetrade Founders and Leadership Team

Name
Role
Contact
Davide Fioranelli
Founder
Adam Dodds
CEO
Locked

Contact details for the Freetrade team: 1 of 2 have an email address on file.

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Freetrade Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Freetrade's latest round of $2.2M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Freetrade Funding FAQs

What does Freetrade do?

Freetrade is a brokerage application that offers free share dealing services. They believe investing should be accessible to everyone that's why they aims to make it accessible to everyone. Its app received Best Share Trading Platform at the British Bank Awards 2019. Freetrade was started in 2016 and is based in London, United Kingdom.

How much funding has Freetrade raised?

Freetrade has raised $100M across 5 rounds on record. The most recent is an undisclosed round of $2.2M announced in Jun 2023.

When did Freetrade last raise funding?

Freetrade's most recent funding round on record is an undisclosed round of $2.2M, announced in Jun 2023.

Who founded Freetrade?

FundedIQ lists Davide Fioranelli (Founder) at Freetrade.

Who is the CEO of Freetrade?

Adam Dodds is listed as CEO at Freetrade.

Where is Freetrade headquartered?

Freetrade is based in London, England, United Kingdom.

How many employees does Freetrade have?

Freetrade is in the 251-500 employee band.

How does Freetrade's funding compare to other Financial Services startups?

Freetrade's latest round of $2.2M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Freetrade Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Freetrade is left off this page rather than filled in.

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