Freshbooks provides cloud-based accounting solutions for small business owners. It is designed for owners of the types of small client-service businesses that send invoices to clients and get paid for their time and expertise.

Toronto, CA
Size (employees)
299 (est)
FreshBooks was founded in 2003 and is headquartered in Toronto, CA
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Key People/Management at FreshBooks

Mike McDerment

Mike McDerment

Co-Founder & CEO
Michael Washinushi

Michael Washinushi

Chief Financial Officer
Levi Cooperman

Levi Cooperman

Co-Founder & VP Operations
Scott Williams

Scott Williams

VP of Marketing
Avrum Laurie

Avrum Laurie

VP of Product
Matthew Baker

Matthew Baker

VP, Strategic Planning
Mark Girvan

Mark Girvan

Chief Commercial Officer

FreshBooks Office Locations

FreshBooks has an office in Toronto
Toronto, CA (HQ)
250 1655 Dupont St
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FreshBooks Financials and Metrics

Summary Metrics

Founding Date


Total Funding

$75.1 m

Latest funding size

$45.10 m

Time since last funding

8 months ago


FreshBooks's latest funding round in July 2017 was reported to be $45.1 m. In total, FreshBooks has raised $75.1 m

FreshBooks Operating Metrics

FreshBooks's Users was reported to be 10 m in Mar, 2018.
Mar, 2018



Invoices Paid

$60 b


10 m
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FreshBooks News and Updates

Why This CEO Started a Secret Company to Compete with His Existing One

A masterclass on creating the conditions for innovation from Freshbooks CEO Mike McDerment.

Waiting to Get Paid? These Companies Front You Funds, With No Credit Check Required

An entrepreneur's dream? Two startups have cut the time between paying for the cost of doing business and receiving payment for your work.

FreshBooks secures $43 mln in Georgian Partners-led Series B

Toronto accounting software company FreshBooks has raised $43 million in a Series B financing, bringing total funding to $73 million. Georgian Partners led the round and was joined by Accomplice and Oak Investment Partners. All three firms are repeat investors. With the financing, Georgian Managing …

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