FreshBooks logo — Our mission: Execute extraordinary experiences every day to...

FreshBooks

Our mission: Execute extraordinary experiences every day to help owners grow

Founded 2003 Canada Toronto, Canada 394 employees Growth Total: $403.75M Financial Services, Fintech +1

General Information

Company Name FreshBooks
Founded Year 2003
Location Canada Toronto, Canada +1
Employees 394
Industries Financial Services, Fintech, Payments
Funding Stage Growth
Social

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About FreshBooks

FreshBooks, founded in 2003, is a robust player in the Financial Services sector, with particular strengths in Fintech and Payments. Headquartered in Canada, this company is committed to easing the financial management processes for small business owners and freelancers, aligning perfectly with its mission to "execute extraordinary experiences every day to help owners grow".

FreshBooks recently secured a significant $125.00 million in Debt Financing from reputable investors such as Morgan Stanley Investment Management and Nick Nocito on 01 March 2025. This substantial investment underscores investor confidence in FreshBooks' capacity to drive innovation within its niche. The company's inclusive culture, where ideas are valued and growth is supported, positions it not only as a dynamic workplace but also as a potentially lucrative addition to any investment portfolio.

Taxonomy: owner-first accounting, small business success, freelancer financial management, invoicing, time tracking, expense management, billing, client engagement, bookkeeping, web application, payroll, customer support, financial platform

Services & Products

Invoicing and Billing
Expense Management
Payroll Services
Accounting Solutions
Time Tracking
Financial Reporting

Target Customers

Freelancers Solopreneurs Small Businesses Businesses with Employees Businesses with Contractors Professional Services

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $125.00M 2 Morgan Stanley Investment Management, Nick Nocito 01 Mar 2025
Debt Financing $125.00M 2 Bank of Montreal 01 Aug 2022
Debt Financing $80.75M 6 BMO Asset Management 01 Aug 2021
Growth Equity Vc Unknown 1 01 Jan 2020
Early VC Unknown 1 01 Aug 2019

View All 7 Funding Rounds

FreshBooks Alternatives & Competitors

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FreshBooks vs
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FreshBooks vs
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FreshBooks vs

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FAQ About FreshBooks

Our mission: Execute extraordinary experiences every day to help owners grow
FreshBooks was founded in 2003.
FreshBooks is headquartered in Toronto, Canada.
FreshBooks operates in the following industries: Financial Services, Fintech, Payments.
FreshBooks has approximately 394 employees.
FreshBooks has completed 7 funding rounds, raising a total of $403.75M. The latest funding stage is Growth.
FreshBooks offers: Invoicing and Billing, Expense Management, Payroll Services, Accounting Solutions, Time Tracking, Financial Reporting.
Top alternatives and competitors to FreshBooks include Soleil Consulting, Triggerapp, Thrive, Check O Matic®, Financial Clarity Co.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
FreshBooks and Soleil Consulting are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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