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Bench
5.0
based on 1 Review
About Bench
Founded in2012 (13 yrs old)
India Employee Count--
Global Employee Count--
HeadquartersVancouver,British Columbia, Canada
Office Locations
--
Websitebench.co
Primary Industry
Other Industries
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Bench Ratings
based on 1 reviews
Overall Rating
5.0/5
How AmbitionBox ratings work?
5
1
4
0
3
0
2
0
1
0
Category Ratings
5.0
Work satisfaction
4.0
Company culture
4.0
Job security
4.0
Salary
4.0
Skill development
4.0
Promotions
3.0
Work-life balance
Bench is rated 5.0 out of 5 stars on AmbitionBox, based on 1 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Compare Bench with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 5.0/5 based on 1 reviews | 3.8/5 based on 4k reviews | 3.6/5 based on 3.6k reviews | 4.0/5 based on 5k reviews |
Highly Rated for | Work satisfaction Skill development Salary | No highly rated category | No highly rated category | Salary Skill development Work-life balance |
Critically Rated for | Work-life balance | Job security Promotions | Job security Promotions | Job security |
Primary Work Policy | - | Work from office 43% employees reported | Work from office 74% employees reported | Work from office 47% employees reported |
Rating by Women Employees | - no rating available | 3.6 Good rated by 486 women | 3.5 Good rated by 410 women | 3.5 Good rated by 255 women |
Rating by Men Employees | - no rating available | 3.8 Good rated by 3.2k men | 3.6 Good rated by 2.9k men | 4.0 Good rated by 4.4k men |
Job security | 4.0 Good | 3.2 Average | 3.1 Average | 3.0 Average |
View more
Bench Salaries
Bench salaries have received with an average score of 4.0 out of 5 by 1 employees.
Sales Recruiter
(1 salaries)
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₹2.9 L/yr - ₹3.7 L/yr
Senior Associate
(1 salaries)
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₹2.7 L/yr - ₹3.5 L/yr
Node JS Developer
(1 salaries)
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₹4.3 L/yr - ₹5.5 L/yr
Bench News
View all
Bench burned through $135 million before shutting down
- Bench, a Canada-based startup providing cloud accounting software, burned through $135 million from its founding in 2012 to September 2024.
- Bench struggled to reach profitability and faced a liquidity crisis, leading to its shutdown.
- The company made progress in cutting its burn rate under the second CEO, reducing losses and increasing revenue.
- Bench sought a sale but was not successful, and its biggest lender, the National Bank of Canada, called in its venture debt.
TechCrunch | 6 Feb, 2025
![Bench burned through $135 million before shutting down](https://techcrunch.com/wp-content/uploads/2025/01/bench-employees.png?w=1169)
Failed fintech startup Bench racked up over $65 million in debt, documents reveal
- Accounting startup Bench filed for bankruptcy in Canada, revealing $65.4 million in liabilities.
- Most of the debt, $50 million, is owed to the National Bank of Canada.
- Bench also owes money to VC investors, severance pay to former employees, and unpaid rent.
- Bench is being acquired by Employer.com, with customers required to turn over their data.
TechCrunch | 17 Jan, 2025
![Failed fintech startup Bench racked up over $65 million in debt, documents reveal](https://techcrunch.com/wp-content/uploads/2025/01/bench-employees.png?w=1169)
Employer.com offers to buy failed fintech Level, a week after it makes offer for Bench
- Employer.com has offered to acquire Level, a failed fintech startup.
- Level is still considering the offer, as stated by Employer.com CMO Matt Charney.
- Level, founded in 2018, raised $30.8 million in funding and offered dental and vision benefits products.
- Employer.com recently made another offer to acquire accounting startup Bench.
TechCrunch | 7 Jan, 2025
![Employer.com offers to buy failed fintech Level, a week after it makes offer for Bench](https://techcrunch.com/wp-content/uploads/2022/11/GettyImages-932532128.jpg?resize=1200,900)
Bench’s shutdown disrupts 11,000+ SMBs’ operations with tax season imminent
- Bench, an online bookkeeping service for small businesses, has announced the closure of its business operations, leaving thousands of SMBs in a state of panic.
- Bench, which had over 35,000 clients and added integrated banking services in 2021, abruptly shut down just before the tax season.
- Customers were informed that their records would be available for retrieval on a designated portal for 10 weeks.
- With Bench's sudden closure, SMBs are now faced with the challenge of finding new bookkeeping services and ensuring the security and access to their financial records.
TechBullion | 7 Jan, 2025
![Bench’s shutdown disrupts 11,000+ SMBs’ operations with tax season imminent](https://techbullion.com/wp-content/uploads/2025/01/64b70e16c40c1-1000x600.jpg)
Bench saved by the bell, and other last-minute deals that closed 2024
- Canadian accounting startup Bench has been acquired by HR tech company Employer.com in a last-minute deal.
- Tech services company World Wide Technology (WWT) acquired Canadian IT provider Softchoice in a $1.25 billion all-cash mega-deal.
- French food delivery startup Epicery ceased operations after nine years of belonging to Geopost/DPDgroup.
- Thomson Reuters acquired tax automation company SafeSend for $600 million in an all-cash transaction.
TechCrunch | 4 Jan, 2025
![Bench saved by the bell, and other last-minute deals that closed 2024](https://techcrunch.com/wp-content/uploads/2019/05/GettyImages-499303888-e1586702525772.jpg?resize=1200,911)
Bench to be acquired after abruptly shutting down
- Bench, the accounting startup that abruptly shut down, will be acquired by Employer.com.
- Employer.com will revive Bench's platform and allow customers to access their data.
- Customers can choose to port their data or keep their service under new ownership.
- Employer.com is a self-funded company with CEO Jesse Tinsley behind various HR-related businesses.
TechCrunch | 30 Dec, 2024
![Bench to be acquired after abruptly shutting down](https://techcrunch.com/wp-content/uploads/2024/12/64c087002b95cbe3c8a62bd4_benchco_thumbnail_image.jpg?resize=1200,675)
Bench shuts down, leaving thousands of businesses without access to accounting and tax docs
- Canadian accounting startup Bench has abruptly shut down, leaving thousands of businesses without access to accounting and tax documents.
- Bench, which had raised $113 million in funding, provided a software platform to help customers manage bookkeeping and tax reporting documents.
- Customers are advised to file a 6-month extension with the IRS and download their data by December 30.
- Kick, a new accounting startup, is recommended as an alternative for affected customers.
TechCrunch | 28 Dec, 2024
![Bench shuts down, leaving thousands of businesses without access to accounting and tax docs](https://techcrunch.com/wp-content/uploads/2023/11/GettyImages-1431662879.jpg?resize=1200,800)
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Bench FAQs
When was Bench founded?
Bench was founded in 2012. The company has been operating for 13 years primarily in the Internet sector.
Where is the Bench headquarters located?
Bench is headquartered in Vancouver,British Columbia.
What are the pros and cons of working in Bench?
Working at Bench comes with several advantages and disadvantages. It is highly rated for work satisfaction, company culture and job security. However, it is poorly rated for work life balance, based on reviews on AmbitionBox.
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