FreshBooks secures $43 mln in Georgian Partners-led Series B
Toronto accounting software company FreshBooks has raised $43 million in a Series B financing, bringing total funding to $73 million. Georgian Partners led the round and was joined by Accomplice and Oak Investment Partners. All three firms are repeat investors. With the financing, Georgian Managing Partner Simon Chong has joined the board. Launched in 2003, Freshbooks provides online billing and accounting tools to service-based small business owners and independent professionals. Led by CEO Mike McDerment, it will use the funds raised to fuel North American growth of its new platform and enhance its offering.
18 July 2017•2 mins read
