Founded in 2003 by Mike McDerment, FreshBooks is a Software as a Service (SaaS) company that provides a suite of accounting tools for small businesses and freelancers. The platform's mission is to simplify financial management, offering features such as invoicing, expense and time tracking, project management, and online payments. Initially started as a solution for a small design agency, FreshBooks has grown to serve millions of users worldwide, aiming to help entrepreneurs save time on accounting and focus on growing their businesses.