FreshBooks raises $30 million to fuel mission
The funding will accelerate product development and market expansion to help small businesses streamline accounting.
Latest FreshBooks News & Updates
See the latest news and media coverage for FreshBooks. We track all announcements, press releases, and industry mentions in real time, all in one place.
Cloud-based accounting and invoicing software for small businesses
freshbooks.com- Headquarters
- Toronto, Canada
- Founded year
- 2003
- Company type
- Private company
- Number of employees
- 350–500
Last updated
Latest news about FreshBooks
In short: FreshBooks expanded its financial ecosystem by raising $30 million and launching new lending, payroll, and automated bookkeeping features.
Company announcements
FreshBooks launches new Collaborative Accounting model
The model integrates accountants and small business owners for real-time financial insights and strategic advice.
FreshBooks launches Accountant Hub for accounting professionals
It is a free client support platform designed with input from accountants, offering tools like financial reporting and journal entries.
FreshBooks completes SOC 2 Type 1 certification
The audit affirms data security and privacy protections for customer information.
Media coverage
FreshBooks president and CEO depart as company lays off six percent of employees
FinTech firm promotes two interim co-CEOs, embarks on search for next leader. Toronto-based accounting software company FreshBooks has restructured its leadership team and cut six...
FreshBooks Secures Up to $100M USD Debt Facility to Support Global Growth
Toronto, CANADA, Aug. 03, 2022 (GLOBE NEWSWIRE) -- FreshBooks, a leading accounting software with paying customers in 160+ countries, today announced that it has secured...
Accounting software provider FreshBooks joins Canadian unicorn herd, achieving $1-billion valuation with latest financing
FreshBooks, one of Canada's early subscription software success stories, has become the 14th Canadian company since the start of the pandemic to become a "unicorn...
Why This CEO Started a Secret Company to Compete with His Existing One
Eighteen months ago, FreshBooks CEO Mike McDerment did something that might blow your mind. In secrecy, he started a brand new company to compete with...
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