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FRESHBOOKS
FreshBooks
Software · Toronto, Ontario · Canada · Founded · 2003 · ≈ · 351 · employees

FreshBooks Valuation: $1B After the Aug 2021 Series E

Private

FreshBooks was last valued at $1B (post-money). It comes from the $130.8M Series E of Aug 2021. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
FreshBooks valuation · at a glance
Last valuation
$1B
POST-MONEY · AUG 2021
Lead investors
4
across 4 rounds
Raised across rounds
$253.8M
4 rounds
Date of last round
Aug 2021
closed 9 Aug 2021
Valuation history

How the FreshBooks valuation has moved

1 valuation. The latest, $1B post-money, was set by the Series E in Aug 2021.

Latest valuation
$1Bpost-money
Set by the Series E · 9 Aug 2021
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Series E · $130.8M raised
Undated: Debt at —.
Funding rounds

FreshBooks rounds and the valuation each one set

4 rounds
Round
Date
Amount
Valuation
Basis
Series E LATEST
9 Aug 2021
$130.8M
$1B
POST-MONEY
Series B
18 Jul 2017
$43M
—
—
Series A
1 Jul 2014
$30M
—
—
Debt
—
$50M
—
—
Lead investors
Leads: Accomplice, BMO, Georgian Partners, Oak Investment Partners.
Full funding history — FreshBooks profile ›
What the valuation means

What the $1B actually measures

A private valuation is the price agreed in one transaction. The FreshBooks valuation of $1B is a post-money figure from the Series E dated 9 Aug 2021 — the whole company measured after the $130.8M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $869.2M .

The valuation holds until the next priced round or secondary sale. A private company founded in 2003 with roughly 351 people has no daily price and no order book between rounds.

Where the $1B comes from
EventSeries E, dated 9 Aug 2021
Basispost-money
Round size$130.8M
LeadAccomplice

Frequently asked questions

What is FreshBooks's valuation?›

The last valuation is $1B.

Who has invested in FreshBooks?›

Lead investors for each round are in the funding timeline.

Who are FreshBooks's competitors?›

The closest software peers are on the competitors page.

How can I get exposure to FreshBooks?›

The routes section explains what is realistically available for a company at this stage.

Is FreshBooks publicly traded?›

No. FreshBooks is a private company; its shares do not trade on a public exchange.

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