- 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. - Launch year: 2003
- Company Name: FreshBooks aka 2NDSITE Inc.
- Headquarters: Toronto, Canada
- Founder(s): Mike McDerment
- Number of people used FreshBooks: 24 million
- Total amount of invoices paid through FreshBooks: USD 60 Billion
- How many hours FreshBooks annually saves: 192 hours
- Annual revenue: USD 65 million
- Total funding raised: USD 75.1 million
- Investors for FreshBooks: FreshBooks is funded by 5 investors. JP Morgan Chase and Accomplice are the most recent investors.
- Number of Languages FreshBooks available: 12 languages
- Countries using FreshBooks: 160 countries
- Total Number of FreshBooks employees: 300
- Top 5 Competitors or similar products: QuickBooks Desktop Pro, Oracle NetSuite, Wave, Sage Intacct and Xero
- Pricing model of FreshBooks: Both Monthly and Annually
- Paid plan of FreshBooks: Paid plan starts from $13.50/month for 5 billable clients and it offers 15 days of free trial
- 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
- 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
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