FreshBooks: Funding, Investors & Team (Sep 2026)
FreshBooks is changing the way business owners manage their books. Its owner-first accounting platform, loved by businesses in over 160 countries, takes an easy-to-use approach to manage finances, billing, payments, and client engagement. FreshBooks, known for its 10x Stevie award-winning customer support, serves customers of all sizes from offices in Canada, Croatia, Mexico, Netherlands, and the US.
FreshBooks has raised $306M across 3 funding rounds on record, the most recent an undisclosed round of $125M announced in Mar 2025.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
FreshBooks Company Profile and Key Stats
Latest funding round on record: Mar 2025.
FreshBooks Funding Rounds
FreshBooks raised $80.8M in a Series E announced in Aug 2021.
1 years later, a Debt Financing of $100M was announced in Aug 2022.
2.6 years later, an undisclosed round of $125M was announced in Mar 2025.
FreshBooks Founders and Leadership Team
Contact details for the FreshBooks team: 2 of 2 have an email address on file.
Start 14-day free trial →FreshBooks Funding Compared to Other Financial Services Startups
FreshBooks' latest round of $125M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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FreshBooks Funding FAQs
What does FreshBooks do?
FreshBooks is changing the way business owners manage their books. Its owner-first accounting platform, loved by businesses in over 160 countries, takes an easy-to-use approach to manage finances, billing, payments, and client engagement. FreshBooks, known for its 10x Stevie award-winning customer support, serves customers of all sizes from offices in Canada, Croatia, Mexico, Netherlands, and the US.
How much funding has FreshBooks raised?
FreshBooks has raised $306M across 3 rounds on record. The most recent is an undisclosed round of $125M announced in Mar 2025.
When did FreshBooks last raise funding?
FreshBooks' most recent funding round on record is an undisclosed round of $125M, announced in Mar 2025.
Who founded FreshBooks?
FundedIQ lists Michael Mcderment (Founder) at FreshBooks.
Who is the CEO of FreshBooks?
Don Epperson is listed as CEO at FreshBooks.
Where is FreshBooks headquartered?
FreshBooks is based in Toronto, Ontario, Canada.
How many employees does FreshBooks have?
FreshBooks is in the 251-500 employee band.
How does FreshBooks' funding compare to other Financial Services startups?
FreshBooks' latest round of $125M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's FreshBooks Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FreshBooks is left off this page rather than filled in.
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