FreshBooks Overview

  • Year Founded
  • 2003

Year Founded

  • Status
  • Private

  • Employees
  • 571

Employees

  • Latest Deal Type
  • Debt - Acquisition

  • Latest Deal Amount
  • $125M

  • Investors
  • 26

FreshBooks General Information

Description

Developer of cloud-based accounting software designed to make online invoicing easy and secure. The company's software offers easy-to-use invoicing, expense management, online payments, and time-tracking features that automate time-consuming tasks, enabling small businesses to generate and maintain professional bookkeeping receipts accurately for efficient business management.

Contact Information

Website
www.freshbooks.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1655 Dupont Street
  • Suite 250
  • Toronto, Ontario M6P 3T1
  • Canada
+1 (416)
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Other Financial Services
Vertical(s)
SaaS, FinTech
Corporate Office
  • 1655 Dupont Street
  • Suite 250
  • Toronto, Ontario M6P 3T1
  • Canada
+1 (416)

FreshBooks Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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FreshBooks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Debt - Acquisition 03-Aug-2022 $125M Completed Generating Revenue
6. Later Stage VC (Series E) 10-Aug-2021 Completed Generating Revenue
5. Later Stage VC (Series D) Completed Generating Revenue
4. Later Stage VC 07-Aug-2019 Completed Generating Revenue
3. Later Stage VC (Series B) 18-Jul-2017 Completed Generating Revenue
2. Later Stage VC (Series A) 23-Jul-2014 $30M $30M Completed Generating Revenue
1. Angel (individual) Completed Startup
To view FreshBooks’s complete valuation and funding history, request access »

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FreshBooks Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of cloud-based accounting software designed to make online invoicing easy and secure. The company's software o
Financial Software
Toronto, Canada
571 As of 2024

Canton, OH
 

Bangalore, India
 
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FreshBooks Competitors (63)

One of FreshBooks’s 63 competitors is Patriot Software, a Venture Capital-Backed company based in Canton, OH.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Patriot Software Venture Capital-Backed Canton, OH
Happay Formerly VC-backed Bangalore, India
WorkingPoint Formerly VC-backed San Francisco, CA
Botkeeper Venture Capital-Backed Saint Petersburg, FL
Taulia Formerly VC-backed San Francisco, CA
You’re viewing 5 of 63 competitors. Get the full list »

FreshBooks Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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FreshBooks Investors (26)

Investor Name Investor Type Holding Investor Since Participating Rounds
Active Capital Venture Capital Minority
Barclays Investment Bank Minority
Calm Ventures Venture Capital Minority
Coparion Venture Capital Minority
Gaingels Venture Capital Minority
You’re viewing 5 of 26 investors. Get the full list »

FreshBooks Investments & Acquisitions (5)

FreshBooks’s most recent deal was a Merger/Acquisition with FastBill. The deal was made on 05-Oct-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
FastBill 05-Oct-2021 Merger/Acquisition Financial Software
Inheritance 02-Aug-2021 Merger/Acquisition Other Commercial Products
Facturama 23-Sep-2020 Merger/Acquisition Financial Software
CircleLink Health 12-Jul-2018 Grant Clinics/Outpatient Services
InsightSquared 03-Feb-2011 Seed Round Business/Productivity Software
To view FreshBooks’s complete investments and acquisitions history, request access »

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Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Facturama San Luis Potosi, Mexico 2012
FastBill Frankfurt, Germany 2011

FreshBooks FAQs

  • When was FreshBooks founded?

    FreshBooks was founded in 2003.

  • Where is FreshBooks headquartered?

    FreshBooks is headquartered in Toronto, Canada.

  • What is the size of FreshBooks?

    FreshBooks has 571 total employees.

  • What industry is FreshBooks in?

    FreshBooks’s primary industry is Financial Software.

  • Is FreshBooks a private or public company?

    FreshBooks is a Private company.

  • What is FreshBooks’s current revenue?

    The current revenue for FreshBooks is .

  • How much funding has FreshBooks raised over time?

    FreshBooks has raised $214M.

  • Who are FreshBooks’s investors?

    Active Capital, Barclays, Calm Ventures, Coparion, and Gaingels are 5 of 26 investors who have invested in FreshBooks.

  • Who are FreshBooks’s competitors?

    Patriot Software, Happay, WorkingPoint, Botkeeper, and Taulia are some of the 63 competitors of FreshBooks.

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