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Bench Revenue & Funding (2024)

Bench is the online bookkeeping service that pairs you with a dedicated bookkeeping team and simple, elegant software to balance your books.

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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.

Bench Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$12.5M$25M$37.5M$50M$62.5M2012201420162018202020222024$0$5.7M$54.9MSource: GetLatka.com
YearMilestoneSource
2024Bench Hit $54.9m revenue in October 2024Estimated
2023Bench Hit $29.3m revenue in December 2023Estimated
2018Bench Hit $5.7m revenue in February 2018
2012Launched 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.

Bench Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$30M$60M$90M$120M$150M201220142016201820202021$124.1MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Series C$75M--
2018Series B$23M--
2016Series B$16M--
2015Series A$7M--
2014Seed Round$1M--
2013Seed Round$2M--
2012Pre Seed Round$100K--

Founder / CEO

Ian Crosby

CEO

Ian Crosby is listed as CEO at Bench.

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Customers

We do not have customer count information for Bench yet.

Bench Employees & Team Size

Bench employs approximately 498 people as of 2026, down from 564 in 2023.

Bench Team GrowthReported headcount over time0150300450600750201220142016201820202022202400498498Source: GetLatka.com
YearMilestoneSource
2024Reached 498 employees (December 2024)
2024Reached 518 employees (October 2024)
2023Reached 564 employees (December 2023)
2022Reached 648 employees (December 2022)
2021Reached 634 employees (December 2021)
2018Reached 166 employees (February 2018)

Frequently Asked Questions about Bench

What is Bench's revenue?

Bench generates an estimated $54.9M in annual 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 across 7 rounds.

How many employees does Bench have?

Bench has 498 employees.

Where is Bench headquarters?

Bench is headquartered in Vancouver, British Columbia, Canada.

Compare Bench to the industry

Bench operates across multiple industries. Browse revenue, funding, and growth data for Bench in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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