Accounting startup Bench, which abruptly shut down in December 2024 and locked out customers from their accounts, has been acquired by HR tech firm Employer.com. The acquisition will restore access to Bench’s platform and allow customers to retrieve their data or continue their bookkeeping services under new ownership.
Bench had advised customers to file extensions with the IRS while seeking alternative bookkeeping solutions. Employer.com has since stated that this is no longer necessary for those customers who opt to continue using the platform. Customers will be contacted with instructions on how to log in and access their information. Although Bench previously claimed to serve over 35,000 small businesses, Employer.com now estimates the active user base at approximately 12,000.
Employer.com focuses on payroll and onboarding. The company has announced plans to continue supporting Bench customers with the same in-house bookkeepers. Bench had over 600 employees before the shutdown; only some have been invited to return to ensure service continuity.
Another day, another wearable technology product is hitting the market, but this one arrives with the weight of Google behind it and a price designed to undercut the competition.Back in January…
The Canadian federal government recently introduced the Safe Social Media Act in Parliament. If the bill is successful, Canadian children under the age of 16 will no longer be able to have accounts on…
In March 2026, Whoop Inc. (“Whoop”) completed a Series G funding round for US$575 million, valuing the leading fitness wearable company at US$10.1 billion. Whoop received investment from many notable…
The 2026 FIFA World Cup will showcase some of the most advanced officiating technology ever used in soccer. Building on systems introduced in previous tournaments, FIFA is rolling out new tools…
Recently, the Canadian Investment Regulatory Organization (“CIRO”) approved Wealthsimple to offer forecast contracts. Forecast contracts are investment products that offer investors binary “yes” or…
On June 10, 2026, the federal government introduced Bill C-34, also known as the Safe Social Media Act. The proposed legislation represents a sweeping effort to regulate social media platforms…
