About Beanworks
Beanworks is a Technology company based in Vancouver (Canada) founded in 2012, and was acquired by Quadient in March 2021. Accounts Payable automation software provider. Beanworks has raised $14.75 million across 3 funding rounds from investors including Timia Capital, Quadient and BDC. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay.
Company details
Beanworks was founded in 2012 in Vancouver, Canada, as a provider of cloud-based accounts payable automation software. Operations focus on invoice data entry, purchase order matching, routing to approvers, and payment options including virtual credit cards and EFTACH. Integrations with systems like QuickBooks, Sage, NetSuite, and RentManager are supported. Custom reports and reminders are included, serving clients such as TicketMaster and Triphase under a subscription model.
- Headquarters Vancouver, Canada
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website beanworks.com
- Social LinkedIn X Facebook
- Acquired by Quadient (Mar 2021)
- Total Equity Funding$14.75M (USD)
in 3 rounds
- Latest Funding Round$10.1M (USD), Series B
Sep 2018
- InvestorsTimia Capital
& 5 more
- Acquired byQuadient
(Mar 2021)
Funding Insights of Beanworks
Beanworks has successfully raised a total of $14.75M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10.1 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $14.75M
- Total Rounds 3
- Last Round Series B — $10.1M
- First Round $150,000
(Jul 2013)
- Investors Count 5
All 3 funding rounds of Beanworks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | $10.1M | Series B | – | FINTOP | |
| Jun 2017 | $4.5M | Series A | – | – | |
| Jul 2013 | $150,000 | Seed | – | – |
6 investors in total: 6 institutional.
Investors in Beanworks
Beanworks has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Timia Capital, Quadient and BDC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| fintopcapital.com | ||||
Early-stage venture capital funding is provided by Rhino Ventures. | vff.vc | Vancouver, Canada | ||
Provides financing solutions including loans and credit lines for business expansion. | 1953 | bdcnewengland.com | Wakefield, United States | |
A P2P platform for revenue-based financing is operated for startups. | 2008 | timiacapital.com | Vancouver, Canada | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Customer experience and digital communication software | 1924 | quadient.com | Milford, United States |
Investor details for Beanworks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Beanworks
679 people are tracked at Beanworks (243 in leadership, 9 in board & advisors, 427 in team).
| Name | Role | Group |
|---|---|---|
Benoît Berson | COO for France & Benelux | Leadership |
Saminder Watts | HR Director, International Operations | Leadership |
Geoffrey Godet | CEO | Leadership |
Lee Dugdale | Business Development Director | Leadership |
Paul Goodbrand | Director Of Strategic Partnerships | Leadership |
Ian Clarke | COO for International Operations | Leadership |
Brandon Batt | Chief People And Transformation Officer | Leadership |
Laurent du Passage | CFO | Leadership |
Elisha Sampson | Sales Director - Mid-market UK | Leadership |
Bill Bonato | Director, MRS Digital Demand Generation | Leadership |
Paul Myers | Snr TA Business Partner - Ce&i (central Europe & International), TA Diversity Lead | Leadership |
David Milledge | Field Enablement Director | Leadership |
Björn Radde | Senior Director Global Digital Experience | Leadership |
Charlie Sandham | Talent Acquisition Business Partner, Uk&i | Leadership |
Kelly Waller | Global VP Field Marketing | Leadership |
Alexis Oppermann | Senior Talent Acquisition Business Partner | Leadership |
S. Fatima Ali | Talent Acquisition Business Partner | Leadership |
Vicki Wright | Director Of Talent Acquisition Europe & Global Operations | Leadership |
Jean-François Labadie | Chief Operating Officer | Leadership |
Duncan Groom | COO for the United Kingdom & Ireland | Leadership |
659 more people are available in the full profile.
Complete people profiles for Beanworks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Beanworks
4 dated milestones of Beanworks across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Beanworks is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Series B, of $10.1M.
- Exit Acquired by Quadient.
Web traffic of Beanworks
The website of Beanworks (beanworks.com) receives about 7.5K visits a month.
- Monthly visits7.5K
▲ 6% vs previous month
Websites whose visitors overlap most with Beanworks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tsys.com | 100% | 55.1K | #708,332 | View details |
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Related news about Beanworks
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Frequently Asked Questions about Beanworks
Beanworks was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Beanworks is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Beanworks is a funded company, having raised a total of $14.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jul 2013.
Beanworks was founded in 2012 in Vancouver, Canada, as a provider of cloud-based accounts payable automation software. Operations focus on invoice data entry, purchase order matching, routing to approvers, and payment options including virtual credit cards and EFTACH. Integrations with systems like QuickBooks, Sage, NetSuite, and RentManager are supported. Custom reports and reminders are included, serving clients such as TicketMaster and Triphase under a subscription model.
Beanworks has 6 investors. Key investors include Timia Capital, Quadient, BDC, FINTOP, and BDC Capital.
Yes. Beanworks was acquired by Quadient in March 2021.