In January 2003, Mike McDerment, co-founder and chief executive officer for FreshBooks, was running his four-person style agency. He was exploitation Microsoft Word to form invoices and was coitus interruptus his hair as a result of Word merely wasn't engineered to make smart trying invoices with efficiency or report on his business. in some unspecified time in the future, he accidentally saved over a recent invoice, and snapped – he knew there had to be a much better means. Over future fortnight he coded up an answer and eventually turned that aspect project into what's currently FreshBooks.

Headquarters: Toronto, Ontario

Year Founded: 2003

Company Type: Privately Held

Size: 201-500 employees

Specialties: SaaS, web application, accounting, small business, invoicing, time tracking, expenses, freelance, service professionals, billing, bookkeeping.