Bench simplifies small business finances. But our larger purpose expands beyond that. We’re here to help entrepreneurs understand what they want to do and where they want to go.
We take care of bookkeeping and tax for small business owners. And we do it in a way that’s never been done before—by pairing intuitive software with real, human bookkeepers. To us, it’s more than number crunching. It's giving entrepreneurs more time to focus on what they care about.
- 2012: Accepted by TechStars NYC’s accelerator program as 10sheet Inc.
- 2013: Raised $2M in seed capital and launched to the public
- 2013: Moved to Vancouver, BC and changed our name to Bench
- 2015: Raised $7M in Series A funding
- 2016: Raised $16M in Series B funding
- 2018: Raised an additional $18M in Series B-1 funding
- 2021: Raised $60M in Series C funding
We acknowledge that Bench headquarters is located on the traditional, ancestral, and unceded territory of the Coast Salish Peoples, including the territories of the xʷməθkwəy̓əm (Musqueam), Skwxwú7mesh (Squamish), and Səl̓ílwətaʔ/Selilwitulh (Tsleil-Waututh) Nations.
Our mission is to help every business owner thrive, by providing financial insight and peace of mind in one seamless platform.
Financial mastery is the idea that everyone, regardless of economic standing, should have full control of their finances. It’s more than knowing how to read an account statement—it’s giving people the tools they need to stay on top of their finances, and improve their lives.
People and the quality of their lives.
That, at its core, is what Bench is about.
We rely on five core values for how we communicate, share information, and work towards our mission.
Together, these values inform Bench’s most valuable technology: our culture.
In renaissance Italy, where modern banking practices emerged, banking would be conducted in open air markets from the banca. Banca is Italian for “Bench”, and the root word for bank. So there you have it: Bench.