FreshBooks

company

About

FreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses.

  • 501 - 1000

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$125M
Industries
Accounting,FinTech,Payments,Small and Medium Businesses,Software
Founded date
Jan 1, 2003
Number Of Employee
501 - 1000
Operating Status
Active

FreshBooks is changing the way business owners manage their books. Its owner-first accounting platform, loved by businesses in over 160 countries, takes an easy-to-use approach to manage finances, billing, payments, and client engagement.

FreshBooks, known for its 10x Stevie award-winning customer support, serves customers of all sizes from offices in Canada, Croatia, Mexico, Netherlands, and the US.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$206.75M
FreshBooks has raised a total of $206.75M in funding over 2 rounds. Their latest funding was raised on Nov 14, 2022 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 14, 2022 Grant $1M 1 SCALE AI Detail
Aug 3, 2022 Debt Financing $125M 2 Bank of Montreal
JP Morgan
Detail
Aug 10, 2021 Series E $80.75M 2 Detail
Jan 1, 2020 Private Equity(PE) 1 Detail
Aug 7, 2019 Corporate Round 1 JP Morgan Chase Detail

Investors

Number of Lead Investors
Number of Investors
4
6
FreshBooks is funded by 6 investors. SCALE AI and Bank of Montreal are the most recent investors.
Investor Name Lead Investor Funding Round
SCALE AI Yes Grant
Bank of Montreal Yes Debt Financing
JP Morgan Yes Debt Financing
Gaingels Series E
JP Morgan Chase Series E
Northleaf Capital Partners Private Equity(PE)