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Freshbooks revenue is $55 million

Freshbooks is worth $1.1 billion valuation

Freshbooks team size is 429 employees


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Freshbooks

1655-Dupont Street Toronto, Ontario, Canada

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How Freshbooks hit $55M Revenue with 305K customers in 2022.

The best cloud based small business accounting software. Send invoices, track time, manage receipts, expenses, and accept credit cards. Free 30-day trial.

Founded

2004

Founded

Revenue

$55M

2022 Revenue

YOY
-----

YOY

Funding

$207.1M

Funding


Freshbooks Revenue

In 2022, Freshbooks revenue run rate hit $55M in revenue.

  • 2018

    Freshbooks hit $55M in revenue in 2018

  • 2004

    Freshbooks launched in 2004 with $0 revenue

$55M

Freshbooks Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2021 Series E

    Freshbooks raised a Series E of $130M at a $1.1B valuation in August 2021

  • 2017 Series B

    Freshbooks raised a Series B of $47.1M

  • 2014 Series A

    Freshbooks raised a Series A of $30M

FUNDING DATEROUNDAMOUNTVALUATION
08/20/2021 Series E $130M $1.1B
07/18/2017 Series B $47.1M
07/23/2014 Series A $30M

Team

Freshbooks has 429 total employees and 63 sales reps that carry a quota. They have 305000 customers an engineering team of 103 and a marketing team of 32

201820192020-10▼59▲
DISTRIBUTIONQTY
Total team size
429
Engineer
103(24%)
Sales
63(15%)
Marketing
32(7%)

CEO/Founder

Mike Mcderment

Q&A

What`s your age?

41

Favorite online tool?

Outlook

Favorite book?

Multipliers

Favorite CEO?

Shane Holdaway

Advice for 20 year old self

Wish I learned faster that I love to design


Customers

Freshbooks has 305K customers.

Lifetime Months

-

x

Monthly ARPU

$15

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$180

$0$180024681012
$0$180024681012

Churn

Freshbooks has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%


About Freshbooks

Monthly Revenue

$4.6M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Freshbooks Board of Directors

NamePosition

Freshbooks Executives

NamePosition
Mike Mcderment CEO

Freshbooks Employees

NamePosition
Mike Mcderment CEO

Frequently Asked Questions about Freshbooks

When was Freshbooks founded?

Freshbooks was founded in 2004.

How much revenue does Freshbooks generate?

Freshbooks generates $55M in revenue.

Who is the CEO of Freshbooks?

The CEO of Freshbooks is Mike Mcderment.

How much funding does Freshbooks have?

Freshbooks was raised $207.1M.

How many employees does Freshbooks have?

Freshbooks has raised 429 employees.

Where is Freshbooks headquarters?

Freshbooks headquater is at Canada