# Mike McDerment

> Mike McDerment is co-founder and Board Chair; former CEO. FreshBooks API on Anchor Terminal, with grades, an about and public profiles.

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- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-10-28

Co-founder and Board Chair; former CEO.

Mike McDerment founded FreshBooks in 2003 to build simple invoicing and accounting software for small businesses. He was its CEO until 2021, when Don Epperson succeeded him and he became executive chair.

- LinkedIn: https://www.linkedin.com/in/mike-mcderment-68895a1
- X: https://x.com/MikeMcDerment

## What Mike builds

- [FreshBooks API](https://www.anchorterminal.com/tools/freshbooks.md), graded E, 45.5/100, in Accounting & invoicing. REST API for FreshBooks, the invoicing-first accounting product for freelancers and small firms. Co-founder and Board Chair; former CEO, researched 2026-10-27.

## Works with

- [Chris Fields](https://www.anchorterminal.com/people/chris-fields/), Chief Technology Officer

## Backed by

- [Accomplice](https://www.anchorterminal.com/investors/accomplice/)
- [Georgian](https://www.anchorterminal.com/investors/georgian/)
- [Oak Investment Partners](https://www.anchorterminal.com/investors/oak-investment-partners/)
- [J.P. Morgan](https://www.anchorterminal.com/investors/j-p-morgan/)
- [Gaingels](https://www.anchorterminal.com/investors/gaingels/)
- [BMO](https://www.anchorterminal.com/investors/bmo/)
- [Manulife](https://www.anchorterminal.com/investors/manulife/)
- [Barclays](https://www.anchorterminal.com/investors/barclays/)

## Questions

### Who is Mike McDerment?

Mike McDerment founded FreshBooks in 2003 to build simple invoicing and accounting software for small businesses. He was its CEO until 2021, when Don Epperson succeeded him and he became executive chair.

### What does FreshBooks make?

Anchor Terminal lists FreshBooks API from FreshBooks. REST API for FreshBooks, the invoicing-first accounting product for freelancers and small firms.

### Who has invested in FreshBooks?

The sources our research read name Accomplice, Georgian, Oak Investment Partners, J.P. Morgan, Gaingels, BMO, Manulife and Barclays.

### How are Mike's tools graded?

FreshBooks API is graded E, 45.5 out of 100, on Anchor Terminal's benchmark, which scores every listing against the same checklist.

## Sources

- https://www.freshbooks.com/about
- https://www.linkedin.com/in/mike-mcderment-68895a1
- https://x.com/MikeMcDerment
- https://www.linkedin.com/in/fieldschris
- https://www.freshbooks.com/
- https://ca.linkedin.com/company/freshbooks
- https://www.freshbooks.com/api/start

These are the people building the tools we list, named for their public role in the company or project behind a listing, from public pages, with the date it was researched. They don't work for Anchor Terminal (our own team is on the about page, /about/#author). We show public roles, public profiles and what the listing pages show, nothing private. To correct something, send an about or a photo, or have a page removed, write to privacy@anchorterminal.com.

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