JPMorgan Chase & Co.

JPMorgan Chase & Co. in its strategic investment in FreshBooks

Client

JPMorgan Chase & Co.

Value

-

Service

Emerging and High Growth Companies

Date Closed

Lead Office

Toronto


 

On August 7, 2019, FreshBooks announced JPMorgan Chase & Co. has made a strategic investment in the company. The investment from JPMorgan Chase follows two previous institutional funding rounds for FreshBooks, including a US$30 million Series A funding round in July 2014, and a US$43 million Series B funding round in July 2017. As a part of the investment, a JPMorgan Chase representative will be joining FreshBooks’ board of directors.

JPMorgan Chase & Co. is a leading global financial services firm and one of the largest banking institutions in the United States.

FreshBooks is a Toronto-based accounting software platform for small businesses and self-employed professionals, with customers in 160 countries. The company differentiates itself by building easy-to-use accounting software with a non-accountant user in mind and delivering best-in-class customer service.

Osler, Hoskin & Harcourt LLP advised JPMorgan Chase & Co. with a team consisting of André Perey, Michael Grantmyre, Jeremy Lin (Emerging and High Growth Companies) and Shari Cohen (Employment & Labour).


Team
André Perey
Key Contact

André Perey

Partner, Emerging and High Growth Companies

Michael Grantmyre

Michael Grantmyre

Senior Associate, Emerging and High Growth Companies

Jeremy Lin

Jeremy Lin

Associate, Emerging and High Growth Companies

Shari Cohen

Shari Cohen

Associate, Employment & Labour