FreshBooks
Small business software that makes the hard part easy
Toronto, Canada · Founded 2003 · $126.8M raised
- Headquarters
- Toronto
- Employees
- 201–500
- Founded
- 2003
- Business Model
- B2B
- Website
- freshbooks.com
- Total Funding
- $126.8M
- Last Round
- $80.8M Series EJun 2021
- Rounds
- 2
About
FreshBooks is an award-winning cloud accounting and invoicing platform built for small service-based businesses, freelancers, and solopreneurs. Founded in 2003 by Mike McDerment, it offers invoicing, billing and payments, expense tracking, payroll, time tracking, and financial reporting in one integrated platform. With 30M+ businesses served across 160+ countries, FreshBooks is known for its award-winning customer support (4.8/5 rating across 120,000+ reviews) and the simplicity of its user experience.
Summary
FreshBooks is a Fintech company based in Toronto, Canada, founded in 2003. It has raised $126.8M in total across 2 rounds, most recently a $80.8M Series E round in Jun 2021. Investors include Morgan Stanley.
Tech & App Stack
23 technologies & apps tracked
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Funding History
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Mar 2025
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Series B through Debt Financing — per-round amounts, valuations, and who invested in each round.
Investors
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