Benchrevenue & funding
Accounting & Finance SoftwareVancouver, British Columbia, CanadaFounded 2012CEO Ian Crosby
Bench is the online bookkeeping service that pairs you with a dedicated bookkeeping team and simple, elegant software to balance your books.
Bench revenue
Bench has not published its revenue. GetLatka estimates it at about $54.9M a year (October 2024).
| As of | Revenue | Source |
|---|---|---|
| Feb 2018 | $5.7M | – |
| Dec 2023 | $29.3MEST. | GetLatka estimate |
| Oct 2024 | $54.9MEST. | GetLatka estimate |
– source not recorded
Bench funding rounds & investors
Bench has raised $124.1M across seven rounds since 2012. The latest was a $75M Series C in June 2021.
| Date | Round | Raised |
|---|---|---|
| Jun 2021 | Series C | $75M |
| Feb 2018 | Series B | $23M |
| May 2016 | Series B | $16M |
| May 2015 | Series A | $7M |
| May 2014 | Seed | $1M |
| May 2013 | Seed | $2M |
| May 2012 | Pre-Seed | $100K |
| Total raised | $124.1M |
Bench competitors
Bench competes most directly with Xero, inDinero and Pilot.
Xero
inDinero
PilotBench CEO, founders & employees
Ian Crosby founded Bench in 2012 and runs it as CEO. Bench has 498 employees (December 2024, LinkedIn), down from 564 a year earlier.
- Ian CrosbyCo-founder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 498 | |
| Oct 2024 | 518 | |
| Dec 2023 | 564 | |
| Dec 2022 | 648 | |
| Dec 2021 | 634 | |
| Feb 2018 | 166 | – |
Bench FAQ
How much money does Bench make?
Bench has not published its revenue. GetLatka estimates about $54.9M a year (October 2024).
How much funding has Bench raised?
$124.1M across 7 rounds; the latest was a $75M Series C in June 2021.
Who is the CEO of Bench?
Ian Crosby, a co-founder.
Who founded Bench?
Ian Crosby, in 2012.
How many employees does Bench have?
About 498 as of December 2024 (LinkedIn).
Browse Accounting & Finance Software
How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Dec 19, 2024Data disclaimerReport a correctionClaim this profileRun Bench? Join the podcast