Bench shuts down, leaving thousands of businesses without …
Dec 27, 2024 · Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has abruptly shut down, according to a notice posted on its website. “We regret to...
Vancouver's Bench Accounting acquired after sudden closure
4 days ago · Vancouver-based Bench Accounting has been acquired by a US company after announcing it would be suspending operations last week. ... 650 employees as of 2021 and achieved a total funding of over $100 million by the same year, according to a previous news release. Investors in Bench included Sage, Altos Ventures, iNovia Capital, Shopify, and BMO ...
Vancouver's Bench Accounting to be acquired by California ... - CBC.ca
Dec 31, 2024 · Vancouver's Bench Accounting abruptly shuts down, with 600 potential jobs lost Bench has previously said it had more than 600 employees and had received investor funding of $113 million US.
Bench, a popular accounting platform startup, acquired by …
Dec 31, 2024 · Popular accounting startup Bench abruptly shut down on Friday, marking a dramatic end for a company that had once been a favorite among small businesses and startups across North America. The closure comes just a few years after venture capitalists on the board ousted the original founder, Ian Crosby, claiming they could steer the …
Inside the wild fall and last-minute revival of Bench, the VC …
3 days ago · But it was chaos for thousands of small business owners who use Bench, an accounting and tax startup based in Canada that raised $113 million from investors like Bain Capital Ventures and Shopify ...
Vancouver fintech company Bench Accounting announces …
Bench Accounting, a Vancouver B.C.-based company that provides online bookkeeping services for thousands of small businesses, abruptly shut down on Friday. The company’s homepage has a “Notice ...
Bench acquired by Employer.com after sudden shutdown
Dec 30, 2024 · Vancouver, B.C.-based Bench, founded in 2012 under the name "10sheet Inc." before rebranding to its current name in 2013, had been touted as a virtual accounting department for small businesses, eventually encompassing over 600 employees and $113 million in total funding. However, the company suddenly shut down last week, on Dec. 27, leaving the fate of its roughly 35,000 customers who relied ...
Vancouver’s Bench Accounting to be acquired by U.S. HR tech …
5 days ago · Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. ... Bench Accounting’s chief people officer ...
Vancouver’s Bench Accounting Shutters, Lays Off 450 Employees
Dec 29, 2024 · Vancouver-based Bench Accounting, North America’s largest bookkeeping service for small businesses, has unexpectedly ceased operations, leaving customers and employees reeling. Approximately 450 staff members have been laid off, and the company’s platform was officially shut down on December 27, 2024. Founded in Vancouver in 2012 by Ian Crosby, Bench grew into a major player in […]
Bench to be acquired after abruptly shutting down - MSN
Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired by Employer.com for an undisclosed ...