Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has abruptly shut down, according to a
  • Treczoks@lemmy.worldEnglish
    27·
    12 days ago

    Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has abruptly shut down, according to a

    That sentence also shut down apruptly. How fitting.

  • NaibofTabr@infosec.pubEnglish
    24·
    12 days ago

    The notice recommends customers migrate to Kick, a new accounting startup that announced its $9 million seed raise in October 2024 in a round led by OpenAI and General Catalyst. Kick’s CEO and founder, Conrad Wadowski, posted a message on LinkedIn to former Bench users about how Kick is “working to get your financials back in your hands.”

    This is weird. How did “Kick” have access to Bench’s customer list? Is there some relationship between these companies?

  • Diplomjodler@lemmy.worldEnglish
    56·
    12 days ago

    How beyond ridiculous. Anyone who loses data to such a fly by night outfit deserves no better.

    • subtext@lemmy.worldEnglish
      7·
      12 days ago

      I’m sure there is more than one mom and pop outfit using them who thought they were just “new quick books”. I would certainly feel sorry for people who are swindled by con men, and this feels the same to me.

    • ikidd@lemmy.worldEnglish
      7·
      12 days ago

      It was around for 12 years, had 600 employees, and was backed by Sage, which is one of the largest business accounting packages in existence. I don’t think it was fly by night.

      The founder pretty much said FAFO regarding them ousting him. So it was doing fine until then.