About Bench
Bench is a company based in Vancouver (Canada) founded in 2012 by Jordan Menashy. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Bench has raised $114.97 million across 9 funding rounds from investors including Shopify, Sage Group and SVB. Bench offers products and services including Monthly Bookkeeping, Catch Up Bookkeeping, Income Tax Filing and Advisory, and Tax Resolution. Bench operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.
- Headquarter Vancouver, Canada
- Founders Jordan Menashy
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Technology
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Products & Services of Bench
Bench offers a comprehensive portfolio of products and services, including Monthly Bookkeeping, Catch Up Bookkeeping, Income Tax Filing and Advisory, and Tax Resolution.
Ongoing bookkeeping is provided for small business owners.
Catch-up bookkeeping is offered for delayed small businesses.
Tax preparation and advisory are provided for businesses.
Expert support is given for resolving IRS issues.
People of Bench
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Funding Insights of Bench
Bench has successfully raised a total of $114.97M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in June 2021. 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.
Investors in Bench
Bench has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Shopify, Sage Group and SVB.
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Investments are made in early-stage technology companies by Inovia Capital.
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Investor details for Bench
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Investments & Acquisitions by Bench
Investment portfolio details for Bench
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Financial Statements - Bench
Detailed financials for Bench
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Bench Comparisons
Peer comparison for Bench
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Competitors of Bench
Bench operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuit, Visma, Xero, Wave and FreshBooks, among others.
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Financial and accounting software is developed for businesses and individuals.
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Cloud-based ERP software is provided for business management across segments.
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Cloud-based accounting and payment management is offered for small businesses.
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Web-based accounting software is offered for business use.
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Cloud-based invoicing and accounting software is offered for businesses.
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Cloud-based accounting software is provided for small businesses and freelancers.
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Detailed competitors of Bench
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Latest news on Bench
Complete news archive for Bench
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Frequently Asked Questions about Bench
Bench was founded in 2012.
Bench is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Bench is a funded company, having raised a total of $114.97M across 9 funding rounds to date.
Bench is engaged in delivering online bookkeeping and tax filing solutions tailored for small business owners. Services are provided through a combination of intuitive software and dedicated human support, automating repetitive tasks and ensuring accurate financial management. The company operates in the financial technology sector, focusing on accounting and tax preparation. Comprehensive support is offered, including monthly bookkeeping, catch-up bookkeeping, income tax filing, advisory services, and tax resolution for IRS issues. Real-time financial reporting and insights are made accessible to help businesses make informed decisions and stay on budget.
Bench offers Monthly Bookkeeping, Catch Up Bookkeeping, Income Tax Filing and Advisory, and Tax Resolution.
Bench has 14 investors. Key investors include Shopify, Sage Group, SVB, Lerer Hippeau, and Techstars.