OverviewSuggest Edit

Freshbooks (also known as 2ndsite) is a company that provides a cloud-based accounting solution for small business owners. It delivers invoicing, expenses, time tracking, accounting, mobile, projects, estimates, payments, and reports capabilities.

HQToronto, CA
Employee Ratings4
Overall CultureC-

Latest Updates

Employees (est.) (Sept 2021)500(+2%)
Job Openings81
Cybersecurity ratingBMore

Key People/Management at FreshBooks

Mike McDerment

Mike McDerment

Chair of the Board, Co-Founder
Don Epperson

Don Epperson

Chief Executive Officer
Mark Girvan

Mark Girvan

Chief Commercial Officer
Michael Washinushi

Michael Washinushi

Chief Financial Officer
Mara Reiff

Mara Reiff

Chief Data Officer
Adam Bates

Adam Bates

Senior Vice President, Product Management
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FreshBooks Office Locations

FreshBooks has offices in Toronto, Raleigh, Zagreb, Guadalajara and in 1 other location
Toronto, CA (HQ)
1655 Dupont St #250
Zagreb, HR
Radnička cesta 180
Guadalajara, MX
Av. Ignacio L. Vallarta 1393, Col Americana, Americana
Amsterdam, NL
Herengracht 499
Amsterdam, NL
Spuistraat 139F
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FreshBooks Financials and Metrics

Summary Metrics

Founding Date


FreshBooks total Funding

$73 m

Time since last funding

2 years ago

FreshBooks investors

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FreshBooks Operating Metrics

FreshBooks's Users was reported to be 24 m in Jun, 2020.
Mar, 2018Jun, 2020



Invoices Paid

$60 b$60 b


10 m24 m
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FreshBooks Acquisitions / Subsidiaries

Company NameDateDeal Size
FACTURAMASeptember 23, 2020

Human Capital Metrics

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FreshBooks Cybersecurity Score

Cybersecurity ratingPremium dataset



SecurityScorecard logo

FreshBooks Online and Social Media Presence

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FreshBooks Company Culture

  • Overall Culture



  • CEO Rating



  • Compensation



Learn more on Comparably

FreshBooks News and Updates

F|T: The FinTech Times – FreshBooks goes global

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before... The post F|T: The FinTech Times – FreshBooks goes global first appeared on BetaKit.

Big banks invest in accounting software firm Freshbooks

Barclays, Bank of Montreal and JPMorgan have joined an US$80.75 million Series E funding round for Toronto-based cloud accounting software firm Freshbooks.

FreshBooks reaches $1B+ valuation with $130.75M for its SMB-focused accounting platform

FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today it has secured $80.75 million in a Series E round of funding, as well as $50 million in debt financing. Existing backer Accomplice led the equity financing, which the company described as “an inside round”…

FreshBooks secures $163 million CAD and unicorn valuation to increase global reach

Accounting software leader FreshBooks has become the latest Canadian tech company to surpass a $1 billion valuation following a recent $163 million CAD ($130... The post FreshBooks secures $163 million CAD and unicorn valuation to increase global reach first appeared on BetaKit.

FreshBooks Secures $130M in Funding; Another Unicorn is Born

Toronto, CANADA, Aug. 10, 2021 (GLOBE NEWSWIRE) -- FreshBooks, a leading cloud accounting software with paying customers in 160+ countries, announced today that it had raised USD $80.75 million in Series E funding. The company secured an additional USD $50 million in debt financing, bringing Fresh…

Insights on the Accounts Payable Automation Global Market to 2026 - Featuring Tipalti, FreshBooks and Zycus Among Others

Dublin, July 21, 2021 (GLOBE NEWSWIRE) -- The "Global Accounts Payable Automation Market (2021-2026) by Component, Deployment Type, Application and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis" report has been added to's offering. The Global Accounts…
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FreshBooks Blogs

When Her Growing Interior Design Business Got More Complex, Shannon Got FreshBooks

Shannon Eddings always dreamed of following in her mother’s footsteps and becoming an interior designer. Yet, when you ask Shannon how she started her business, she says that it was a matter of timing and luck. She had just been let go from her job after the recession and had a 6-month-old baby at h…

Stressed About the Future of Your Business? You Need Cash Flow Forecasting

Do you ever wonder about the optimal time to hire a team member, rent an office space, or invest in a new piece of equipment? You want to make sure you have enough money coming in to support the investment and not too much money flowing out. Most business owners wrestle with cash flow questions […] …

New: A Redesigned Settings Menu Gives You More Control Over Your Account

Whether you run a business on your own, or with a whole team behind you – most owners can relate to the feeling of wanting to always look professional when interacting with clients. For example, when you send an Estimate to a client, you likely want it to look the same as the Invoices you’ll […] The…

6 Ways to Surprise and Delight Your Customers

What’s your No. 1 priority when it comes to improving customer relationships? If you answered surprising and delighting your customers, you’re on your way to positioning your business as a leader in providing a top customer experience. Surprise and delight methods are commonly used to re-attract and…

5 Ways to Build Mental Health and Well-Being into Your Accounting Practice

Is mental health an afterthought in your CPA firm? In a busy line of work like accounting, it’s easy to ignore mental health…until it isn’t. Poor mental health can be devastating to workplace morale, productivity, and the bottom line. In small organizations especially, when one team member is unwell…

Australian Graphic Designer, Jasmine, Relies on FreshBooks to Help Her Fight Design Crimes

Jasmine Holmes was still a TAFE student in Adelaide when she landed her first professional gig working as a graphic designer. In the 12 years since then, her impressive portfolio has grown to include projects for global and Australian brands, such as Red Bull, Officeworks, the Australian Open, Subwa…
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FreshBooks Frequently Asked Questions

  • When was FreshBooks founded?

    FreshBooks was founded in 2003.

  • Who are FreshBooks key executives?

    FreshBooks's key executives are Mike McDerment, Don Epperson and Mark Girvan.

  • How many employees does FreshBooks have?

    FreshBooks has 500 employees.

  • Who are FreshBooks competitors?

    Competitors of FreshBooks include Nakisa, Sage and Xero.

  • Where is FreshBooks headquarters?

    FreshBooks headquarters is located at 1655 Dupont St #250, Toronto.

  • Where are FreshBooks offices?

    FreshBooks has offices in Toronto, Raleigh, Zagreb, Guadalajara and in 1 other location.

  • How many offices does FreshBooks have?

    FreshBooks has 6 offices.