20 Amazing Freshbooks Stats and Facts

1. What does FreshBooks do:
   FreshBooks is an online invoicing and accounting software with easy-to-use invoicing, time tracking, expense management features designed for self-employed professionals and small business owners and their teams.
2. Launch year: 2003
3. Company Name: FreshBooks aka 2NDSITE Inc.
4. Headquarters: Toronto, Canada
5. Founder(s): Mike McDerment
6. Number of people used FreshBooks: 24 million
7. Total amount of invoices paid through FreshBooks: USD 60 Billion
8. How many hours FreshBooks annually saves: 192 hours
9. Annual revenue: USD 65 million
10. Total funding raised: USD 75.1 million
11. Investors for FreshBooks: FreshBooks is funded by 5 investors. JP Morgan Chase and Accomplice are the most recent investors.
12. Number of Languages FreshBooks available: 12 languages
13. Countries using FreshBooks: 160 countries
14. Total Number of FreshBooks employees: 300
15. Top 5 Competitors or similar products: QuickBooks Desktop Pro, Oracle NetSuite, Wave, Sage Intacct and Xero
16. Pricing model of FreshBooks: Both Monthly and Annually
17. Paid plan of FreshBooks: Paid plan starts from $13.50/month for 5 billable clients and it offers 15 days of free trial
18. History: In 2003, Mike (FreshBooks CEO) accidentally saved a file over an old invoice. So, he decided to create a solution that became the foundation of FreshBooks
19. What makes FreshBooks interesting: It calculates country specific tax calculation in Canada (GST and HST), the United States (sales taxes) and Britain (MTD).

+ One interesting news: FreshBooks Launches Mileage Tracking App for iOS.

      PS: All facts updated on September 22, 2020