FreshBooks
Founded Year
2003Stage
Line of Credit | AliveTotal Raised
$303.75MValuation
$0000Last Raised
$100M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-65 points in the past 30 days
About FreshBooks
FreshBooks is a cloud-based accounting software provider focused on serving self-employed professionals and their teams. The company offers a suite of financial management tools that facilitate invoice creation, expense tracking, time management, and online payment processing. FreshBooks primarily caters to the needs of small businesses across various industries, including marketing, legal, and IT services. It was founded in 2003 and is based in Toronto, Ontario.
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Research containing FreshBooks
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned FreshBooks in 3 CB Insights research briefs, most recently on Aug 23, 2024.
Aug 23, 2024
The B2B payments tech market map
Oct 26, 2023
The CFO tech stack market map
Expert Collections containing FreshBooks
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
FreshBooks is included in 6 Expert Collections, including HR Tech.
HR Tech
4,169 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,244 items
SMB Fintech
1,648 items
Fintech
13,307 items
Excludes US-based companies
Canadian fintech
345 items
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
Latest FreshBooks News
Sep 5, 2024
News Provided By Share This Article Online Bookkeeping Software Stay up to date with Online Bookkeeping Software Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services.” — Nidhi Bhavasar PUNE, MAHARASHTRA, INDIA, September 5, 2024 / EINPresswire.com / -- The Latest Released Global Online Bookkeeping Software market study has evaluated the future growth potential of Global Online Bookkeeping Software market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Global Online Bookkeeping Software market. The study includes market share analysis and profiles of players such as Intuit Inc. (United States), Xero Limited (New Zealand), Sage Group plc (United Kingdom), FreshBooks (Canada), Zoho Corporation (India), Wave Financial Inc. (Canada), QuickBooks by Intuit (United States), Kashoo Inc. (Canada), FreeAgent (United Kingdom), NetSuite (Oracle Corporation) (United States) are some of the key players in study coverage. Additionally, the players who are also part of the research are MYOB Group (Australia), Reckon Limited (Australia), SlickPie (Canada), Tipalti Inc. (United States), Receipt Bank (Dext) (United Kingdom). According to HTF Market Intelligence, the Global Online Bookkeeping Software market to witness a CAGR of 10.3% during forecast period of 2024-2030. If you are a Global Online Bookkeeping Software manufacturer and would like to check or understand the policy and regulatory proposals, designing clear explanations of the stakes, potential winners and losers, and options for improvement then this article will help you understand the pattern with Impacting Trends. Click To get SAMPLE PDF (Including Full TOC, Table & Figures) @ https://www.htfmarketintelligence.com/sample-report/global-online-bookkeeping-software-market?utm_source=Alefiya_EINnews&utm_id=Alefiya Definition The online bookkeeping software market refers to the industry that provides cloud-based platforms and tools designed to help businesses and individuals manage their financial records, transactions, and accounting processes digitally. These software solutions offer features such as expense tracking, invoicing, payroll management, tax preparation, and financial reporting, making them essential for small and medium-sized businesses (SMBs), freelancers, and accountants. The market is driven by the increasing shift towards digitalization, the need for real-time financial data access, and the growing demand for cost-effective, user-friendly financial management tools. Integration with other business applications and automation of routine tasks also contribute to the market's expansion. Major Highlights of the Global Online Bookkeeping Software Market report released by HTF MI Global Online Bookkeeping Software Market Breakdown by Type (Browser-based, SaaS, Application Service Providers (ASPs)) by Enterprise Size (Large Enterprise, Small and Medium Size Enterprise) by Deployment Mode (On-premise, Cloud) by End User (BFSI, IT and Telecom, Government, Automotive, Retail and Consumer Goods, Manufacturing, Healthcare, Others) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA) Online Bookkeeping Software Market Opportunity: • SME expansion, product innovation, sustainability focus, technology integration, and remote work trends. Online Bookkeeping Software Market Challenges: • Competition, regulatory compliance, cybersecurity, technological advancements, and integration complexity. Online Bookkeeping Software Market Driver: • Digital adoption, technological advancements, financial literacy focus, and business efficiency. SWOT Analysis on Global Online Bookkeeping Software Players In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness. Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information. Regulation Analysis • Local System and Other Regulation: Regional variations in Laws for the use of Global Online Bookkeeping Software • Regulation and its Implications FIVE FORCES & PESTLE ANALYSIS: In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry. • Political (Political policy and stability as well as trade, fiscal, and taxation policies) • Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates) • Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles) • Technological (Changes in digital or mobile technology, automation, research, and development) • Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions) • Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability) Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: Intuit Inc. (United States), Xero Limited (New Zealand), Sage Group plc (United Kingdom), FreshBooks (Canada), Zoho Corporation (India), Wave Financial Inc. (Canada), QuickBooks by Intuit (United States), Kashoo Inc. (Canada), FreeAgent (United Kingdom), NetSuite (Oracle Corporation) (United States) are some of the key players in study coverage. Additionally, the players who are also part of the research are MYOB Group (Australia), Reckon Limited (Australia), SlickPie (Canada), Tipalti Inc. (United States), Receipt Bank (Dext) (United Kingdom). Geographically, the following regions together with the listed national/local markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) • North America (U.S., Canada, and Mexico) • South America (Brazil, Chile, Argentina, Rest of South America) • MEA (Saudi Arabia, UAE, South Africa) Some Extracts from Global Online Bookkeeping Software Market Study Table of Content Global Online Bookkeeping Software Market Size (Sales) Market Share by Type (Product Category) [Browser-based, SaaS, Application Service Providers (ASPs)] in 2024 Global Online Bookkeeping Software Market by Application/End Users [BFSI, IT and Telecom, Government, Automotive, Retail and Consumer Goods, Manufacturing, Healthcare, Others] Global Online Bookkeeping Software Sales and Growth Rate (2024-2030) Global Online Bookkeeping Software Competition by Players/Suppliers, Region, Type, and Application Global Online Bookkeeping Software (Volume, Value, and Sales Price) table defined for each geographic region defined. Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis ........and view more in the complete table of Contents Check it Out Complete Details of Report @ https://www.htfmarketintelligence.com/report/global-online-bookkeeping-software-market Thanks for reading this article, you can also make sectional purchase or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union. Nidhi Bhawsar
FreshBooks Frequently Asked Questions (FAQ)
When was FreshBooks founded?
FreshBooks was founded in 2003.
Where is FreshBooks's headquarters?
FreshBooks's headquarters is located at 1655 Dupont Street, Toronto.
What is FreshBooks's latest funding round?
FreshBooks's latest funding round is Line of Credit.
How much did FreshBooks raise?
FreshBooks raised a total of $303.75M.
Who are the investors of FreshBooks?
Investors of FreshBooks include Bank of Montreal, J.P. Morgan, Accomplice, J.P. Morgan Chase, Gaingels and 8 more.
Who are FreshBooks's competitors?
Competitors of FreshBooks include Visma, Glean AI, Checkbook, Vertex, ScaleFactor and 7 more.
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Compare FreshBooks to Competitors
Intuit QuickBooks is a company that specializes in cloud-based accounting and tax software solutions. The company offers a range of products that help businesses manage their finances, including accounting, payroll, time tracking, and banking services. These services enable businesses to track expenses, manage bills, calculate sales tax, and handle various other financial tasks. It was founded in 1983 and is based in Mountain View, California.
HoneyBook offers a client flow management platform for independent businesses. The company offers a range of services including online contracts, invoices, payments, scheduling, and automation tools, all designed to streamline business operations. Its primary market is the independent business sector. It was founded in 2013 and is based in San Francisco, California.
Bench specializes in online bookkeeping services and tax solutions for small businesses across various sectors. The company offers a range of services including monthly bookkeeping, tax advisory and filing, and catch-up bookkeeping for those behind on their finances. Bench provides dedicated experts and user-friendly financial software to help business owners manage their financial records and gain insights to support their business growth. Bench was formerly known as 10Sheet. It was founded in 2012 and is based in Vancouver, British Columbia.
Banana.ch is a software solution company that specializes in the development of accounting software for small businesses, non-profit organizations, and individuals. The company's main product, Banana Accounting Plus, is a user-friendly software that provides professional accounting services including expense and revenue management, VAT management, invoicing, budget planning, inventory management, and time management. The company primarily serves the financial technology industry. It was founded in 1990 and is based in Lugano, Switzerland.
Stripe operates as a technology company that specializes in online payment processing and financial infrastructure for Internet businesses. The company provides a suite of products that enable businesses to accept payments, manage billing and subscriptions, handle in-person transactions, and integrate various financial services into their operations. Its platform is designed to support startups, enterprises, and everything in between with scalable, API-driven solutions. Stripe was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.
Avalara specializes in tax compliance automation and operates within the tax compliance software industry. The company offers a suite of cloud-based solutions for various tax types, including sales and use, property, consumer use, and cross-border taxes, as well as services for tax risk assessment, tax calculation, returns filing, exemption certificate management, and e-invoicing. Avalara's products are designed to streamline the tax compliance process for businesses of all sizes, from small to enterprise, across a multitude of industries. It was founded in 2004 and is based in Seattle, Washington.
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