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 Jul 31, 2026, the latest employee count at Bench is 307.

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. Its primary sector is Finance & Accounting Tech. In Canada, the Finance & Accounting Tech sector has seen $146M in funding in 2026 to date.

Where does Bench rank among its competitors?

Bench ranks 5th amongst 1268 active competitors, of which 47 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was FastSpring, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Bench?

Bench's top competitors include Pilot, Basis and Paylocity. Among them, FastSpring secured the most recent funding round in May, 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/
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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 1268 active competitors

Employee Count

307 as on Jul 31, 2026

Similar Companies

Pilot & 1525 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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 03, 2021	5707996	Series C	9461287	3976967	5791475	1979304
Jan 31, 2018	9723984	Series B	9571393	7615968	8477547	Bain Capital Ventures & 2 more
May 03, 2016	6060197	Series B	5632884	9267005	Bain Capital Ventures	Altos Ventures Management & 1 more

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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 307 employees as of Jul 26. Here is Bench's employee count trend over the years:

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Top competitors of Bench include Pilot, Basis and Paylocity. 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	Pilot 2017, San Francisco (United States), Series C	Bookkeeping solutions for businesses	$222M	Index Ventures, Sequoia Capital & 17 others	69/100
2nd	Basis 2023, New York City (United States), Series B	AI agents for automating accounting workflows and engagements	$138M	Accel, Khosla Ventures & 31 others	69/100
3rd	Paylocity 1997, Arlington Heights (United States), Public	Provider of human resources, payroll, finance, and information technology solutions	$37.3M	Adams Street Partners	69/100
4th	Osome 2017, Singapore (Singapore), Series B	Provider of company incorporation, accounting, and corporate secretarial services	$75M	Target Global, Illuminate Financial & 54 others	66/100
5th	Bench 2012, Vancouver (Canada), Acquired	Provider of online bookkeeping, tax preparation, and financial management solutions	$115M	Quotidian Ventures, Contour Venture Partners ... & 19 others	58/100
6th	Iris Software 1979, Datchet (United Kingdom), Acquired	Provider of software and services for accountancy, HR, payroll, and education	-	Hellman & Friedman, Pantheon International ... & 1 others	55/100
7th	Trayd 2021, New York City (United States), Series A	Provider of construction back office software for labor and project management	$15.1M	Leonis Investment, White Star Capital & 4 others	52/100
8th	FastSpring 2005, Santa Barbara (United States), Acquired	Cloud based platform offering subscription management and tax collection solutions	-	LLR Partners, Ticonderoga Capital & 14 others	52/100
9th	Consero Global 2006, Austin (United States), Series B	Finance as a Service provider offering cloud-based solutions and expert advisory	$55M	Kayne Anderson Capital Advisors, BV Investment Partners ... Read more	51/100
10th	Leobrix 2023, Bengaluru (India), Unfunded	Decision automation and Gen AI-powered digital transformation platforms	-	-	51/100