Freshbooks revenue is $55 million
Freshbooks is worth $1.1 billion valuation
Freshbooks team size is 429 employees
Freshbooks
1655-Dupont Street Toronto, Ontario, Canada
How Freshbooks hit $55M Revenue with 305K customers in 2022.
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2004
Founded
$55M
2022 Revenue
YOY
$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
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 DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 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
| DISTRIBUTION | QTY |
|---|---|
| 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
Churn
Freshbooks has an annual churn rate of 0.00%.
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
| Name | Position |
|---|
Freshbooks Executives
| Name | Position |
|---|---|
| Mike Mcderment | CEO |
Freshbooks Employees
| Name | Position |
|---|---|
| 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