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Bench Accounting
Online Bookkeeping for Your Small Business
About Bench Accounting
Bench.co is a financial technology startup that provides bookkeeping and tax services to small businesses. The company operates in the financial services market, specifically targeting small business owners who require assistance with their financial management. Bench.co's business model revolves around offering a combination of dedicated experts and user-friendly financial software to help clients manage their bookkeeping and income taxes.
The company's services include importing bank statements, preparing financial statements, and providing monthly financial reports. These services are delivered by a team of small business experts, offering clients a personalized experience. Bench.co's platform also provides real-time insights into a business's financial data, allowing business owners to make informed decisions about their spending and saving habits.
In addition to its bookkeeping services, Bench.co also offers tax preparation, filing, and year-round tax advisory support as part of its premium plan. The company aims to help small businesses navigate the financial challenges of running a business, including dealing with inflation and creating an emergency fund.
Bench.co's revenue comes from the monthly fees it charges for its services. The company does not rely on any other bookkeeping software, instead using its proprietary software to complete its clients' books. This approach allows Bench.co to provide a comprehensive, all-in-one financial management solution for small businesses.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Dec 2024 | $0 | — | Employer.com | ↗ |
| SERIES COther financing | Jun 2021 | $60M | $240M | Shopify · Sage Group · Contour Venture Partners · Inovia Capital | ↗ |
Growth signals
Latest recorded traffic for Bench Accounting is 110K monthly website visits, down 38.9% over the last three months. Bench Accounting's team declined 4% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Contour Venture Partners
Primary Venture Partners
Lerer Hippeau
Quotidian Ventures
Series A11 investors entered at this stage
Techstars
Right Side Capital Management
Hedgewood
Alpine Meridian Ventures
Altos Ventures
Third Prime Capital
Daring Journey Ventures
Bain Capital Ventures
Lerer Ventures
Inovia Capital
Silicon Valley Bank
Series B and later3 investors entered at this stage
Shopify
Sage Group
Bank of Montreal
Other known investors1 additional known investor
Employer.com
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bench Accounting on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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