Co-founder, FreshBooks

Levi Cooperman: FreshBooks co-founder

One of three co-founders of the Toronto accounting software company.

Levi Cooperman is one of three co-founders of FreshBooks, with Mike McDerment and Joe Sawada. He served as vice president of operations.

FreshBooks began in 2003, when McDerment saved over an old invoice while billing from a Word file and decided to build a better tool. The product launched in 2004 in Toronto, built from his parents' basement.

The company stayed self-funded for about a decade. In 2014 it raised a $30m Series A led by Oak Investment Partners, with Georgian Partners and Atlas Venture. It raised $43m in 2017 and an $80.75m Series E in August 2021.

FreshBooks rebuilt its product through a unit called BillSpring in 2015 and 2016, and retired FreshBooks Classic in 2022. Don Epperson became CEO in 2021.

Read the full FreshBooks founder story

What was Levi Cooperman's role at FreshBooks?

Levi Cooperman is a co-founder of FreshBooks. He served as vice president of operations. He co-founded the company with Mike McDerment and Joe Sawada.

How did FreshBooks start?

Mike McDerment began building FreshBooks in 2003 after he overwrote an invoice by mistake. The product launched in 2004 from his parents' basement in Toronto. The company stayed self-funded until its 2014 Series A of $30m.