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
Total Funding
$126.8M
Last Round
$80.8M Series EJun 2021
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

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

24 technologies & apps tracked

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Funding History

Debt FinancingDebt FinancingMar 2025
$125.0M

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Funding: Series B through Series E. Amounts, valuations, and investors where available.

Investors

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