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Bench Accounting

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Online Bookkeeping for Your Small Business

Vancouver, CanadaFounded 2012Fintech
Valuation $250–500M Last recorded · 2021
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Bench Accounting and the history behind them.

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 data

At a glance

Status
Acquired
Founded
2012
Headquarters
Vancouver, Canada
Employees
308
Open positions
None listed
Dealroom signal
64.6/100
Industry
Fintech, Enterprise Software
Sub-industry
Financial Management Solutions
Sector
Fintech, Accounting, Tax
Business model
SaaS
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Dec 2024 $0 — Employer.com ↗
SERIES COther financing Jun 2021 $60M $240M Shopify · Sage Group · Contour Venture Partners · Inovia Capital ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

Bench Accounting website traffic

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.

Latest monthly visits110K 3-month web change-38.9% 1-year team growth-4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

19 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Series A11 investors entered at this stage

Series B and later3 investors entered at this stage

  • Shopify
  • Sage Group
  • Bank of Montreal

Other known investors1 additional known investor

  • Employer.com
Team profiled 56 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
16 countries with
team presence
🇨🇦 Canada63.8%
🇺🇸 United States10.1%
🇮🇳 India6%
🇧🇩 Bangladesh4%
🇲🇽 Mexico3.4%
Top 5 of 16 shown

Market sentiment

Posts on X, past 7 days

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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