FreshBooks, headquartered in Canada, remains privately held in the software space. The latest valuation stands at $1B. Its shares do not trade on a public exchange.
1 valuation. The latest, $1B post-money, was set by the Series E in Aug 2021.
AccompliceLEADGGeorgian PartnersLEADOOak Investment PartnersLEAD
J.P. Morgan
GaingelsBBMO Technology & Innovation Banking GroupMManulifeBBarclays
AccompliceGeorgian PartnersOak Investment PartnersFreshBooks makes cloud-based invoicing and accounting software for freelancers and small business owners, covering invoicing, expense tracking, time tracking, payroll and payment processing in one product. More than 30 million small businesses across over 160 countries have used the software, and it connects to more than 100 apps through the FreshBooks AppStore. The company was founded in Canada in 2003 and remains headquartered there.
FreshBooks positions itself against QuickBooks by including PCI compliance directly in its FreshBooks Payments feature at no separate charge, and by offering an Easy Switch service that migrates a business's expenses, invoices and client data from competing platforms.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds FreshBooks.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. FreshBooks availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — FreshBooks included.
The last valuation is $1B.
Lead investors for each round are in the funding timeline.
The closest software peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
No. FreshBooks is a private company; its shares do not trade on a public exchange.