Bench
2024 Revenue
$54.9M
Funding
$124.1M
YOY
87.4%
Team
498
Founded
2012
How Bench CEO Ian Crosby grew Bench to $54.9M revenue with a 498 person team in 2024.
Bench is the online bookkeeping service that pairs you with a dedicated bookkeeping team and simple, elegant software to balance your books.
Last updated
Bench Revenue
In 2024, Bench's revenue reached $54.9M. The company previously reported $29.3M in 2023. Since its launch in 2012, Bench has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Bench Hit $54.9m revenue in October 2024 | |
| 2023 | Bench Hit $29.3m revenue in December 2023 | |
| 2018 | Bench Hit $5.7m revenue in February 2018 | |
| 2012 | Launched with $0 revenue |
Bench Valuation, Funding Rounds
Bench has not publicly disclosed its valuation. The company has raised $124.1M in total funding to date.
Bench has raised $124.1M in total funding across 7 rounds, most recently a $75M Series C round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Series C | $75M | - | - | |
| 2018 | Series B | $23M | - | - | |
| 2016 | Series B | $16M | - | - | |
| 2015 | Series A | $7M | - | - | |
| 2014 | Seed Round | $1M | - | - | |
| 2013 | Seed Round | $2M | - | - | |
| 2012 | Pre Seed Round | $100K | - | - |
Bench Employees & Team Size
Bench employs approximately 498 people as of 2026, down from 564 in 2023.
Bench has 498 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 498 employees (December 2024) |
| 2024 | Reached 518 employees (October 2024) |
| 2023 | Reached 564 employees (December 2023) |
| 2022 | Reached 648 employees (December 2022) |
| 2021 | Reached 634 employees (December 2021) |
| 2018 | Reached 166 employees (February 2018) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Bench yet.
Frequently Asked Questions about Bench
What is Bench's revenue?
Bench generates $54.9M in revenue.
Who founded Bench?
Bench was founded by Ian Crosby.
Who is the CEO of Bench?
The CEO of Bench is Ian Crosby.
How much funding does Bench have?
Bench raised $124.1M.
How many employees does Bench have?
Bench has 498 employees.
Where is Bench headquarters?
Bench is headquartered in Vancouver, British Columbia, Canada.
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Compare Bench to the industry
Bench operates across multiple industries. Browse revenue, funding, and growth data for Bench in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .