Momenteo

What Momenteo does

Momenteo is a Quebec City-based SaaS company that provides calendar-centric invoicing and light-accounting software designed specifically for freelancers, solo self-employed workers, and micro-businesses. The platform is built around a single calendar interface where users log work, expenses, travel, and billable time, and the system automatically generates quotes, invoices, and financial reports. Core products include Invoices, Estimates, Reports, Clients, Expenses, Travels, Time Tracking (premium), and the underlying Calendar — all delivered as a responsive web application hosted on AWS with AES-256 encryption on stored sensitive data and Stripe/PayPal/Square integrations for online payment acceptance without commission. The company has seven employees, serves freelancers in 38 countries, and has processed more than CAD$525M in cumulative user billing volume since founding. Momenteo operates a freemium, four-tier subscription pricing model — Free (2 active clients), Start (5 clients, ~CAD$96/year), Explore (10 clients with time tracking, ~CAD$173/year), and Plus (unlimited clients, ~CAD$179/year) — with no contract and a 14-day money-back guarantee. It is a privately held subsidiary of NovAxis since 2016, with no disclosed venture funding, and reaches customers through self-serve PLG, content marketing (200+ blog articles, a podcast), affiliate channels, and a Quebec freelancer-ecosystem partnership network.

Name

Momenteo

Legal name

Momenteo inc.

Website

https://momenteo.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Momenteo is a Quebec City-based SaaS company offering calendar-centric invoicing, expense tracking, and lightweight accounting software for freelancers and self-employed workers across 38 countries, sold via a freemium subscription model.

Ownership category

akta.pro rank

Product category

Freelance Invoicing and Accounting Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)

Keywords

• Freelance invoicing software
• Cloud accounting platform
• Expense tracking software
• Time tracking software
• Subscription billing tools

Headquarters

HQ city

Quebec

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Subscription Plans: Four-tier subscription model based on number of active clients (clients invoiced during a fiscal year). Free tier allows 2 clients. Paid tiers unlock additional clients, features like time tracking, payment reminders, and accountant access.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Momenteo is a cloud-based invoicing and accounting software platform built specifically for freelancers, self-employed workers, and small businesses. The product is centered on a calendar-based interface where users log their work, expenses, travels, and billable hours; the system automatically generates quotes, invoices, and financial reports from these entries. It supports online payments via Stripe, PayPal, and Square, multi-currency invoicing in 162 currencies, and time tracking, with a freemium tier (up to 2 clients free) and paid tiers priced by active client count.

Product overview

Momenteo is a unified cloud-based invoicing and accounting software designed specifically for freelancers, self-employed workers, and small businesses. The platform is built around a calendar-centric interface where users enter their work activities, expenses, travel, and billable hours. Core features include Invoice creation and management, Estimates/Quotes generation with conversion to invoices, Client management with multi-currency support (162 currencies), Expenses tracking with receipt archiving, Travels/Mileage tracking for billing client visits, and Reports for financial insights. Time Tracking (Chronometer) is available as a premium feature on Explore and Plus plans. The software operates on a tiered pricing model based on number of active clients, with a free plan for up to 2 clients. Momenteo supports online payments via Stripe, PayPal, and Square integrations.

Differentiator

Problem solved

Functional benefit

Products and services

• Invoices

Quantifiable outcome

• Reduce monthly accounting stress with a few minutes of monthly maintenance
• +2 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature7 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• AffilaecoreGTM or Marketing PartnerAffiliate marketing platform powering Momenteo's affiliate program. Handles commission tracking, cookie-based attribution (60-day window), and payment processing via PayPal.
• FreeLogoDesignminorGTM or Marketing PartnerFree logo maker for entrepreneurs, small businesses, freelancers. Allows Momenteo users to create professional logos for their invoices.
• WebSelfminorGTM or Marketing PartnerQuebec-based website builder allowing everyone to create professional websites. Over 2 million sites created since 2009.
• BidSettle (OnRègle)minorGTM or Marketing PartnerOnline dispute resolution platform providing better access to justice. Allows people to manage disputes themselves.
• LexStartminorImplementation/ SI/ Consulting PartnerLegal guidance firm guiding entrepreneurs through legal stages of starting a business including incorporation and service contracts.
• Pige QuébecminorGTM or Marketing PartnerQuebec's largest freelance marketplace connecting businesses with freelancers, consultants, and self-employed workers.
• BankeominorGTM or Marketing PartnerAccounting specialist matching platform connecting entrepreneurs with the right accountant for their business needs.
• La VulgarisatriceminorGTM or Marketing PartnerBusiness startup specialist helping Quebec entrepreneurs start their business in an organized way through tools and training.
• EcologiminorOthersEnvironmental platform through which Momenteo plants trees. One tree planted for every 250 invoices sent. Over 1,000 trees planted since 2023.
• StripecoreTechnology or IntegrationPayment processing integration allowing Momenteo users to accept credit card payments from clients. Stripe is PCI Service Provider Level 1 certified.
• PayPalcoreTechnology or IntegrationPayment processing integration allowing Momenteo users to receive PayPal payments from clients directly through invoices.
• Amazon Web ServicescoreTechnology or IntegrationCloud infrastructure provider hosting Momenteo's application and data servers.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Harvest: Harvest provides time tracking, invoicing, and expense management for freelancers and small teams, and is explicitly named by Momenteo as one of the 'complex tools' it positions against. Strong feature and customer overlap, particularly in time tracking and invoicing.
• Wave Accounting: Wave offers free, cloud-based accounting and invoicing software for freelancers and small businesses. Its freemium model and freelancer focus make it one of the closest direct competitors to Momenteo in the same niche.
• HoneyBook: HoneyBook is a clientflow and invoicing platform for independent service-based businesses and freelancers, combining proposals, contracts, and invoicing in a workflow-centric UX. Competes with Momenteo for the same solo-professional segment, particularly creatives and event vendors.
• FreshBooks: FreshBooks is a leading cloud-based invoicing and accounting SaaS built specifically for freelancers, self-employed professionals, and small service businesses — directly overlapping Momenteo's core user segment and feature set (invoicing, expense tracking, time tracking, client management).
• 17hats: 17hats is a freelance and small business management platform combining invoicing, project management, client portals, and automation — a direct peer targeting the same self-employed customer with similar broad SMB workflow ambitions.
• Bonsai: Bonsai is an all-in-one freelancer business platform that bundles invoicing, contracts, proposals, time tracking, and accounting — directly competing for the same self-employed user segment with similar feature breadth and pricing tiers.
• AND.CO (Fiverr Workspace): Formerly AND.CO, Fiverr Workspace is a freelancer business management tool from Fiverr providing invoicing, contracts, expense tracking, and time tracking — directly overlapping Momenteo's product surface area and target user.

Broad incumbents

• Square Invoices: Square (Block) offers a free invoicing product as part of its broader payments and SMB platform, with built-in payment processing on rails Momenteo itself integrates with. It competes for the same small-business and freelancer invoicing use cases while bundling payments, hardware, and banking.
• QuickBooks Self-Employed: Intuit's QuickBooks Self-Employed is the dominant freelancer-targeted offering in the SMB accounting software market, providing invoicing, expense categorization, and tax estimation. Momenteo explicitly positions against QuickBooks as a 'modern, user-friendly alternative,' making it a direct incumbent peer.
• Zoho Invoice: Zoho Invoice is part of the broad Zoho SMB software suite offering free invoicing for freelancers and small businesses, with multi-currency and multi-language support comparable to Momenteo's 162-currency capability.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/momenteo
• Facebookfacebook.com/momenteo
• Instagraminstagram.com/momenteo_app
• TikToktiktok.com/@momenteo
• LinkedInlinkedin.com/company/momenteo

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Momenteo