Freshbooks revenue hit $55M in 2024

Freshbooks generates revenue from 305000 customers


1655 Dupont Street, Suite 250, Toronto, Ontario, M6P 3S9, Canada

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Freshbooks hit $55M revenue and 305K customers in 2018.

FreshBooks is a cloud-based accounting software that provides businesses with tools for managing invoicing, expenses, and other financial tasks. The company's platform allows businesses to create and send invoices, track expenses, and manage their finances in real-time, as well as providing features for project management and time tracking. FreshBooks was founded in 2003 and is headquartered in Toronto, Canada, with additional offices in Amsterdam and Raleigh. The company serves customers worldwide, ranging from freelancers to small and medium-sized businesses, across various industries, including creative, legal, and consulting, among others. FreshBooks's platform helps businesses streamline their accounting processes, enabling them to focus on their core operations and grow their business.






2018 Revenue







Freshbooks Revenue

In 2018, Freshbooks revenue run rate hit $55M in revenue.

  • 2018

    Freshbooks hit $55M in revenue in 2018

  • 2003

    Freshbooks launched in 2003 with $0 revenue

Freshbooks Funding History

  • 2021 Series E

    Freshbooks raised a Series E of in August, 2021

  • 2020 Private Equity Round

    Freshbooks raised a Private Equity Round of in December, 2020

  • 2019 Corporate Round

    Freshbooks raised a Corporate Round of in August, 2019

  • 2019 Series D

    Freshbooks raised a Series D of in January, 2019

  • 2017 Series B

    Freshbooks raised a Series B of in July, 2017

  • 2014 Series A

    Freshbooks raised a Series A of in July, 2014

August, 20 2021 Series E
December, 01 2020 Private Equity Round
August, 07 2019 Corporate Round
January, 01 2019 Series D
July, 18 2017 Series B
July, 23 2014 Series A


Freshbooks has 664 total employees and 128 sales reps that carry a quota. They have 305,000 customers an engineering team of 143 and a marketing team of 32.

Total team size 664
Engineer 143 (22%)
Sales 128 (19%)
Marketing 32 (5%)

Founder / CEO

Don Epperson


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Freshbooks Executives

Name Position Working Email Personal Email
Don Epperson CEO [email protected] -

Freshbooks Employees

Name Position Working Email Personal Email
Don Epperson CEO [email protected] -
Jeff Fagnan Investor - -

Freshbooks Board of Directors

Name Position Working Email Personal Email
Don Epperson Board Member - -
Simon Chong Board Director - -
Oliver Fisher Board Member [email protected] -
Annie Lamont Board Member [email protected] -
Pat Condon Board Member - -

Frequently Asked Questions about Freshbooks

  • When was Freshbooks founded?

    Freshbooks was founded in 2003.

  • How much revenue does Freshbooks generate?

    Freshbooks generates $55M in revenue.

  • Who is the CEO of Freshbooks

    The CEO of Freshbooks is Don Epperson.

  • How much funding does Freshbooks have?

    Freshbooks raised $331.9M.

  • How many employees does Freshbooks have?

    Freshbooks has 664 employees.

  • Where is Freshbooks headquarters?

    Freshbooks is headquartered at 1655 Dupont Street, Suite 250, Toronto, Ontario, M6P 3S9, Canada

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