Behind the curtain

Posted on 22 August 2011 by Comments (9)

Current subscribersThe last year has seen a seismic change in our company, on pretty much every front. As you can see from the Geckoboard shot, we celebrated an important milestone recently: 12,000 paying customers! As you might imagine, we had a bit of a party at FreeAgent Towers with a glass or two of champagne and a wee slice of cake.

To be fair, reaching that milestone is probably more interesting to us than to you, but a more telling story is told by the shape of our subscriber numbers curve below:

Subscriber growth

This shows that the hard work we’ve put into the product, and into building relationships with key partners, is really starting to pay off. Exponential (‘hockey stick’) growth like this is every company’s dream, and I’m just super proud of the team, infrastructure and product that we’ve built that’s allowed us to get here, and will serve us well as we accelerate into the future.

Perhaps more importantly it reinforces that there really is a sea change in the way businesses (and their accountants) think about managing finances, driven by tools like FreeAgent. We’re in the privileged position of having the know-how and the resources to make this happen even faster.

Anyway, rather than crow too loudly about this achievement, I thought it would be worth describing how we’ve got to where we are and more importantly, how we’re planning to move forward.

I don’t imagine for a minute that we’re suddenly world-experts on building software companies, but over the next few weeks we are going to write a few blog posts which let you peek ‘behind the curtain’ a bit. We’ll be talking a bit more about, for example:

  • Our plans for scaling our service from 12,000 to 120,000 customers and beyond
  • A sneak peek of our new shiny offices, as they take shape
  • How we think about management, and the importance of company culture
  • Why we think great customer service is utterly critical
  • Our experiences in financing the company
  • Our philosophy of product development

I hope that each of these will be more of a conversation than a lecture, and so I’m very much looking forward to our little chats.

Over to you...

Thimo Jansen, Mon August 22, 2011
Congratulations, very well deserved!
Stu Last, Mon August 22, 2011
Excellent news. It's such an exciting product, I can hardly wait to see what you do next.
Ed Henderson, Mon August 22, 2011
Well done guys.
Paul at Small Business Bites, Mon August 22, 2011
Congratulations Ed. Speaking from personal experience, FreeAgent has completely revolutionised the way I do accounting and cut my admin time on finances, accountancy and invoicing by two thirds. It's an excellent product at a good price and deserves to do very well.

I'll be posting a review of FreeAgent on my business blog - www.smallbusinessbites.net over the next few days.
Tekin, Mon August 22, 2011
Congrats guys, and great idea to blog about it. Can't wait to read the posts in this series.
Jon Moss, Mon August 22, 2011
That is great news! Congratulations to you all - well deserved.
Mike Wilson, Mon August 22, 2011
Fabulous news.

As one of the first paying customers, I'm very glad to see the growth curve even if it means sharing a little of the competitive advantage that FreeAgent's been giving me for years!

A big congratulations and I'm looking forward to the series of upcoming blog posts.

Mike
Andy Marshall, Tue August 23, 2011
Congrats - you guys absolutely deserve all the success you're getting - I can't recommend you highly enough.
James Ward, Wed August 24, 2011
I couldn't be happier for you. Your amazing product has inspired me multiple times in the development of my own web app. If I can deliver a user experience a tenth as good as you do, I'll be happy (and so will my customers).
(Comments closed)

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