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Bench Revenue & Funding (2024)

Bench generated an estimated $54.9M in annual revenue in 2024. Source: GetLatka estimate

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 2018Not recorded
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--Not recorded
2018Series B$23M--Not recorded
2016Series B$16M--Not recorded
2015Series A$7M--Not recorded
2014Seed$1M--Not recorded
2013Seed$2M--Not recorded
2012Pre-Seed$100K--Not recorded

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)Not recorded
2024Reached 518 employees (October 2024)Not recorded
2023Reached 564 employees (December 2023)Not recorded
2022Reached 648 employees (December 2022)Not recorded
2021Reached 634 employees (December 2021)Not recorded
2018Reached 166 employees (February 2018)Not recorded

Frequently Asked Questions about Bench

What is Bench's revenue?

As of 2024, Bench generated 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?

As of 2024, Bench had 498 employees.

Where is Bench headquartered?

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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