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Bench Raises $60 Million Usd Series C And Expands Beyond Accounting With Launch Of Bench Banking

Jun 03, 2021•over 4 years ago

Amount Raised

$60 Million

Round Type

series c

Vancouver

Description

Bench, America’s largest bookkeeping service for small businesses, announced today that it raised $60 million USD in Series C financing led by Contour Venture Partners. The raise more than doubles Bench’s total funding to over $100M, and was supported by existing investors Altos Ventures, iNovia Capital, and BMO T&I, and new investors including Sage and Shopify.

Company Information

Company

Bench

Location

Vancouver, Washington, United States

About

Bench is a nine-year-old fintech company that runs the finances for entrepreneurs so they can focus on their businesses. Pairing its intuitive software and financial products with a dedicated accounting team, Bench combines the convenience and efficiency of modern technology with the expertise and time-savings afforded by a professional service. Bench was co-founded by Forbes 30 under 30 winner Ian Crosby. Bench has raised over $100 million in funding to date, services over 11,000 business owners and employs 650 people and growing. It is based in Vancouver, Canada. Follow @Bench or visit https://bench.co/

Funding Insights

Based on industry data
Tech investment trends
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