Freshbooks

b2b fintecheinvoicingpayments - b2b fintech

FOUNDING YEAR: 2003
LOCATION: Canada
Last Update: 03/12/2020

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About

#1 accounting software in the cloud for self-employed professionals and their teams. Other ways to connect with us: Visit the FreshBooks Blog: freshbooks.com/blog Send us a tweet: twitter.com/FreshBooks Find career opportunities: freshbooks.com/careers

MEDICI Analysis

Freshbooks offers invoice and accounting solutions for self employed and small businesses. As it is a cloud based solution, it helps businesses to create invoices, record expenses and track time on the go. It helps freelancers to fast track their sales cycle and collection and look more professional by custom-branding their financial documents with company logo and colors.

Focus

PRODUCTS & SERVICES

It offers a cloud-based accounting software that allows businesses to invoice clients, track time and run their small businesses. It helps them to manage their time and expenses, send branded invoices, and collect online payments through credit card, PayPal, or eCheck.

MAIN CLIENTS

Consumers

COMMENT

Freshboooks offers an intituitive platform that is used by over 10 Million users. Since its inception, over $60 Billion worth Invoices have been paid through it. It is awarded the FinancesOnline’s Best Accounting Software Award for 2017

People

FOUNDERS

Michael McDerment

NUMBER OF EMPLOYEES

201-500

INVESTORS:

Accomplice

Atlas Venture

Georgian Partners

JP Morgan Chase

Oak Investment Partners

KEY EMPLOYEES:

Mark Girvan (CCO)

Michael Washinushi (CFO)

Momentum

FUNDED

YES

TOTAL FUNDING

$75.12 M

DATE OF LAST FUNDING

Aug 2019

FUNDING SERIES

SERIES A  · $30 M  · Jul 2014

SERIES B  · $45.12 M  · Jul 2017

LISTED

NO

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