# FreshBooks

FreshBooks is an other based in Toronto, Canada.

## Overview

- **Organization type:** other
- **Headquarters:** Toronto, Canada
- **Region:** North America
- **Address:** 225 King St W, Suite 1200, Toronto, ON, M5V 3M2, Canada
- **Founded:** 2003
- **Assets under management:** Undisclosed
- **Website:** freshbooks.com
- **LinkedIn:** https://www.linkedin.com/company/freshbooks

## Regulatory record

- **Reports private funds:** No

## About

FreshBooks is a cloud accounting service based in Toronto, Canada, founded in 2003. It provides tools for service-based small business owners to manage time and expenses, send invoices, and collect payments via credit card, PayPal, or eCheck. FreshBooks has secured $153.75 million in total funding.

## Sectors

- Enterprise Software
- FinTech

## Offices

- San Luis Potosí, Mexico
- Amsterdam, Netherlands

## People

- Shaheen Javadizadeh — Chief Executive Officer
- Mike McDerment — Founder

## Questions

### Who runs FreshBooks today?

Shaheen Javadizadeh is the Chief Executive Officer. He joined with over 25 years of leadership experience as an entrepreneur and CEO. Founder Mike McDerment remains the company's origin figure, having started FreshBooks in 2003.

### What does FreshBooks actually do?

FreshBooks provides a cloud-based accounting and invoicing platform purpose-built for service-based small businesses. It combines invoicing, expense tracking, time tracking, online payments, and payroll into one interface. The platform supports freelancers, solopreneurs, and small teams with employees or contractors.

### Where does FreshBooks operate?

The company runs three office hubs: Toronto (its headquarters), San Luis Potosí, Mexico (housing its Facturama unit), and Amsterdam, Netherlands. It reports use by people in over 160 countries and offers customer support primarily from North America.

### How does FreshBooks make money?

FreshBooks generates revenue through subscription plans for its accounting platform, tiered by feature sets and user counts. It also processes online payments directly through the platform. The firm does not operate as a capital allocator or generate returns from investments.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/freshbooks

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