When was Bench founded?

Bench was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Bench located?

Bench is headquartered in Vancouver, Canada.

Who is the current CEO of Bench?

Ian Crosby of Bench. They are also angel investors in 2 startups.

How many employees does Bench have?

As of Mar 31, 2026, the latest employee count at Bench is 317.

Is Bench a funded company?

Bench is a funded company, having raised a total of $115M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2012.

When was the latest funding round of Bench?

Bench's latest funding was a $***** Series C round on Jun 03, 2021, with participation from 5 investors.

Where does Bench rank among its competitors?

Bench ranks 5th amongst 1152 active competitors, of which 45 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Basis, which secured $100M in Feb, 2026.

Who are the top competitors of Bench?

Bench's top competitors include Paylocity, Pilot and Osome. Among them, Basis secured the most recent funding round in February, 2026.

Bench - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of online bookkeeping, tax preparation, and financial management solutions. The company offers software and expert support for small business owners. Services include monthly bookkeeping, catch up bookkeeping, and income tax filing. It also provides tax resolution services, addressing issues such as back taxes and tax penalties. The platform automates data entry, categorizes transactions, and generates financial reports.

Website: www.bench.co/
Social

Key Metrics

Founded Year

2012

Location

Vancouver, Canada

Stage

Acquired

Total Funding

$115M in 9 rounds

Latest Funding Round

Series C, Jun 03, 2021, $*****

Investors

Contour Venture Partners & 20 more

Ranked

5^th among 1152 active competitors

Employee Count

317 as on Mar 31, 2026

Similar Companies

Paylocity & 1421 more

Exit Details

Acquired by Employer (Dec 30, 2024)

View Bench's full profile

Bench got acquired by Employer on Dec 30, 2024.

Click here to take a look at Bench's acquisition in detail

Bench has raised a total funding of $115M over 9 rounds. Its first funding round was on 2012. Its latest funding round was a Series C round on Jun 03, 2021 for $*****. 5 investors participated in its latest round. Bench has 21 institutional investors.

Here is the list of recent funding rounds of Bench:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 03, 2021	9366490	Series C	9368301	2611548	4935602	3157625
Jan 31, 2018	5518993	Series B	4246195	6743306	1353596	Bain Capital Ventures & 2 more
May 03, 2016	5884109	Series B	9855379	6033050	Bain Capital Ventures	Altos Ventures Management & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of Bench's funding rounds and investors

The founders of Bench are Ian Crosby and Adam Saint.

Here are the details of Bench's key team members:

Ian Crosby: Co-Founder and CEO of Bench. They are also an angel investor in 2 startups.
Contact Info: 1 email address
Adam Saint: Co-founder Lead Product Designer of Bench.
Contact Info: 1 email address

View details of Bench's Founder profiles and Board Members

Bench's employee count trend

Bench has 317 employees as of Mar 26. Here is Bench's employee count trend over the years:

Uncover Bench's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Bench include Paylocity, Pilot and Osome. Here is the list of Top 10 competitors of Bench, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Paylocity 1997, Arlington Heights (United States), Public	Provider of human resources, payroll, finance, and information technology solutions	$37.3M	Adams Street Partners	69/100
2nd	Pilot 2017, San Francisco (United States), Series C	Bookkeeping solutions for businesses	$222M	Index Ventures, Bezos Expeditions & 16 others	69/100
3rd	Osome 2017, Singapore (Singapore), Series B	Provider of company incorporation, accounting, and corporate secretarial services	$75M	Target Global, XA Network & 55 others	68/100
4th	Basis 2023, New York City (United States), Series B	Developer of AI agents for automating accounting workflows and engagements	$138M	Accel, Khosla Ventures & 31 others	61/100
5th	Bench 2012, Vancouver (Canada), Acquired	Provider of online bookkeeping, tax preparation, and financial management solutions	$115M	Quotidian Ventures, Core Ventures Group & 19 others	58/100
6th	Sleek 2017, Singapore (Singapore), Series B	Platform offering business incorporation solution	$41M	Jungle Ventures, Ellerston Capital & 10 others	58/100
7th	Finaloop 2018, Tustin (United States), Series A	Online tax and bookkeeping services for businesses	$55M	Lightspeed Venture Partners, Accel & 5 others	58/100
8th	Iris Software 1979, Datchet (United Kingdom), Acquired	Provider of software and services for accountancy, HR, payroll, and education	-	Hellman & Friedman, ICG Enterprise Trust	57/100
9th	Ceterus 2008, Charleston (United States), Series B	Tech-enabled bookkeeping and reporting services for businesses	$40.4M	Grotech Ventures, Harbert Management & 7 others	56/100
10th	Fondo 2014, San Francisco (United States), Seed	Provider of bookkeeping, tax preparation, and tax credit services for startups	$8.35M	GMO Venture Partners, Money Forward & 8 others	53/100