Fundz

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

PRIVATEJun 03, 2021

Amount Raised

$60 Million

Round Type

Series C

VancouverFinancial ServicesSoftwareAccounting

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.

Quick answer

Bench Accounting raised $60 Million in a Series C round, dated June 3, 2021. Bench Accounting is based in Vancouver, British Columbia, Canada.

How much did Bench Accounting raise?
Bench Accounting raised $60 Million in a Series C round on June 3, 2021.
What does Bench Accounting do?
Bench is North America's largest bookkeeping service for small businesses.
Where is Bench Accounting based and how big is it?
Bench Accounting is based in Vancouver, British Columbia, Canada. Fundz records about 8 employees.

Source: Fundz verified event record.

Who else raised in Financial Services and Accounting around the same time

Companies in the same sectors as Bench Accounting that raised within 45 days of this round, from Fundz verified event records.

  • Lili raised $55M (Series B) on May 11, 2021.
  • Billd raised $30M (Series B) on July 13, 2021.
  • Streamex Corp. raised $600K (Seed) on July 9, 2021.
  • Compt raised $1M (Seed) on July 8, 2021.
  • C3 raised an undisclosed amount (Funding Round) on July 6, 2021.
  • Stilt raised $12M on July 1, 2021.

Who to call at Bench Accounting, and when

A new round usually means Bench Accounting is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Bench Accounting raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Bench Accounting, from your own LinkedIn network

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Company Information

Company

Bench Accounting

Location

Vancouver, British Columbia, Canada

About

Bench is North America's largest bookkeeping service for small businesses. Pairing its intuitive software and financial products with a dedicated accounting team, Bench combines the convenience and efficiency of AI with the expertise and time-savings afforded by a professional, personalized service.

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Fundz sees it the moment Bench Accounting raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Bench Accounting raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.