Bench

Industry: Bookkeeping, Tax return preparation

Founder/s: Ian Crosby, Jordan Menashy, Adam Saint

Headquarters: San Francisco, California, United States

Company: Subsidiary

Founded: 2012

Services: Dedicated Monthly Bookkeeping / Proprietary Financial Software / Catch-Up & Retroactive Bookkeeping / Tax Preparation & Filing / Ecosystem Integrations

Bench Accounting (branded as Bench) is a fintech company that uses proprietary software to automate bookkeeping and provide financial statements for small business owners. The company provides subscription access to cloud-based software in combination with in-house bookkeepers.

As of December 2024, Bench employed approximately 650 people and was headquartered in Vancouver, British Columbia, and had raised over $100 million in venture funding. However, in December 2024, Bench abruptly shut down without advance notice to employees.

Then, in January 2025, Bench Accounting filed for bankruptcy in Canada, revealing debts of over $65 million. After shutting down in December 2024, Bench Accounting was acquired by Employer.com, an HR tech company that previously did not specialize in accounting, and subsequently resumed operations in January 2025, operating under the Bench Accounting brand. Following the acquisition, Bench’s operations were integrated with Employer.com, which is headquartered in San Francisco.