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Bench Accounting

Fintech / AccountingCanadaClosed 2024

Total Raised

$113M

Peak Valuation

Undisclosed

Employees

650

Year Collapsed

2024

Business model

Bookkeeping and accounting software for small businesses, pairing automated software with dedicated human bookkeepers.

In brief

One of the earliest companies to pair cloud-based bookkeeping software with real human bookkeepers, growing to serve tens of thousands of small businesses and partnering with Shopify. The company spent heavily on customer acquisition and unsustainably low pricing without reaching…

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Key facts

Founded
2012
Closed
2024
Headquarters
Vancouver, Canada
Industry
Fintech / Accounting
Employees
650
Revenue
Undisclosed
Founders
Ian Crosby

Related failures

Often compared with: Pilot, QuickBooks.