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A screenshot copy of the Bench notice to customers that it’s closing down, as of December 27. it reads: “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible. We know this news is abrupt and may cause disruption, so we’re committed to helping Bench customers navigate through the transition. “From the entire team at Bench, it has been an absolute privilege to serve small businesses for the last 13 years. Thank you for being part of our journey."

A copy of the Bench notice of service closure on December 27, 2024.Image Credits:Bench / TechCrunch screenshot

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Bench , the VC - back account startup that go forth yard of customers mesh out of their account after itsuddenly shut down last workweek , will be develop by Employer.com for an undisclosed Mary Leontyne Price in a last - minute mint , TechCrunch has exclusively learned .

The San Francisco - base HR tech fellowship Employer.com focuses on payroll and onboarding , in line to Bench , which specializes in accounting and tax . Employer.com ’s main selling police officer Matt Charney told TechCrunch the company will revive Bench ’s political program and provide educational activity for customers to lumber in and obtain their data .

Customers will be throw the option to port their data or keep their divine service under new ownership , Charney told TechCrunch . Bench ’s old recommendation to file away for a six - calendar month extension with the Internal Revenue Service to appear for a Modern bookkeeper is no longer needed if client decide to ride out on , Employer.com confirmed .

Bench ’s website , which is still offline at the time of piece of writing , previously touted more than 35,000 “ American little business sector owners ” on its platform , according to an archived written matter . ( Post - issue , Employer.com secernate TechCrunch that Bench has approximately 12,000 customers . ) Bench ’s websitecurrently reads : “ More info on how to continue your services will be available soon . ” The startup ’s disconnected shutdown on Friday stimulate chaos , with customers line up themselves locked out of their accounts right as tax time of year is set to begin , and emails from TechCrunch to Bench employee bounce back .

TechCrunch affirm the acquisition with a Bench board member . Neither Bench nor Employer.com would comment on the skill damage .

Employer.com is a new company : Its CEO , Jesse Tinsley , announced his acquisitionof the domain name in November for about $ 450,000 . Tinsley is behind a host of HR , onboarding , and recruiting - related business , including Recruiter.com and BountyJobs . In aposton December 11 , Tinsley say that the society is “ still acquiring company ” in the 60 minutes space . Employer.com is not VC - game and is entirely self - funded , Charney enjoin TechCrunch .

In a statement announce the acquisition , Employer.com said Bench customers can expect to remain “ lick with the same expert in - house bookkeeper they know and trust . ”

“ This acquisition ensures that Bench client can continue relying on the same gamy - timbre overhaul they ’ve always get , while also opening the door to future enhancements and capacity powered by Employer.com ’s extensive resource , ” Employer.com ’s statement said .

That may be sly in practice . Bench employ more than 600 people , according toits site , some of whom post on LinkedIn after the shutdown notice that they were now looking for employment . Bench is now starting to call “ many ” — but not all — of its employees back to work to ensure persistence , Jennifer Bouyoukos , Bench ’s master people ship’s officer , recite TechCrunch .

TechCrunch archived Bench ’s original closing notice from December 27 below :