JPMorgan Chase, BMO, Manulife and Barclays helped the accounting software developer raise series E equity and ebt financing at a valuation abobve $1bn.
Canada-based accounting software provider FreshBooks received approximately $131m in debt and equity financing today from investors including insurance provider Manulife and financial services firms JPMorgan Chase, BMO and Barclays.
The round is comprised of $80.8m in series E equity funding and $50m in debt financing, and was led by venture capital firm Accomplice and also backed by VC fund Gaingels. The company has now surpassed a $1bn valuation.
Founded in 2003, FreshBooks provides cloud accounting software for small businesses and…
