Company Growth (employees)
Bench was founded in 2012 and is headquartered in London, GB
Key People at Bench
Ian Crosby
Co-Founder and CEO
Pavel Rodionov
CTO
Trevor Orsztynowicz
VP, Engineering
Emily Key
Director, Operations
Lindsay Rutledge
VP, Product & Strategy
Mike Daley
VP, Sales & Operations
Owen Mead-Robins
Director, Engineering
Rehan Mohammad
VP, Finance
Scott Edison
VP, Business Development
Dave Shea
Director, Product Design
Bench Office Locations
Bench has offices in London, New York and North Vancouver
North Vancouver, CA
Vancouver, BC
New York, US
900 Broadway
Bench Data and Metrics
Summary Metrics
Founding Date | 2012 |
Total Funding | $32.9 m |
Latest funding size | $16 m |
Time since last funding | over 1 year |
Investors | Hedgewood, Contour Venture Partners, Altos Ventures, Bain Capital Ventures, Third Prime Capital, Quotidian Ventures, Jos White, Lerer Hippeau Ventures, Alpine Meridian Ventures |
Bench's latest funding round in May 2016 was reported to be $16 m. In total, Bench has raised $32.9 m
Bench Financial Metrics
Bench's revenue was reported to be £45.7 m in FY, 2016 which is a 34% decrease from the previous period.
GBP
Revenue (FY, 2016) | 45.7 m |
Revenue growth (FY, 2015 - FY, 2016), % | (34%) |
Gross profit (FY, 2016) | 19.2 m |
Gross profit margin (FY, 2016), % | 42% |
Net income (FY, 2016) | (2.5 m) |
Cash (25-Jun-2016) | 5 m |
| GBP | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 103.5 m | 92 m | 69.6 m | 45.7 m |
Revenue growth, % | (11%) | (24%) | (34%) | |
Cost of goods sold | 51.3 m | 47.7 m | 35.4 m | 26.5 m |
Gross profit | 52.2 m | 44.3 m | 34.2 m | 19.2 m |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 5.8 m | 8.6 m | 5 m |
Accounts Receivable | 3.1 m | 886 k | 1.2 m |
Current Assets | 30.3 m | 31.7 m | 40.6 m |
PP&E | 2.3 m | 2.2 m | 2.4 m |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Income Taxes Paid | (720 k) | (908 k) | (167 k) |
| Y, 2016 | |
|---|---|
Financial Leverage | 8.1 x |
