Hubdoc Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 100

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $70M

Hubdoc General Information

Description

Provider of a cloud accounting platform intended to automate the financial document collection and processing. The company's platform uses cloud computing and machine learning to automatically collect and analyze business documents for financial reporting, reconciliation and audit proofing, enabling small and medium businesses to stay organized and spend more time running their business rather than the paperwork.

Contact Information

Website
www.hubdoc.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1655 Dupont Street
  • Suite 350
  • Toronto, Ontario M6P 3T1
  • Canada
Primary Industry
Business/Productivity Software
Other Industries
Financial Software
Parent Company
Corporate Office
  • 1655 Dupont Street
  • Suite 350
  • Toronto, Ontario M6P 3T1
  • Canada

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Hubdoc Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 31-Jul-2018 $70M Completed Generating Revenue
2. Seed Round 21-Jun-2017 Completed Generating Revenue
1. Accelerator/Incubator 27-Oct-2016 Completed Generating Revenue
To view Hubdoc’s complete valuation and funding history, request access »

Hubdoc Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of a cloud accounting platform intended to automate the financial document collection and processing. The compa
Business/Productivity Software
Toronto, Canada
100 As of 2018

Newark, DE
 

Bogota, Colombia
 
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Hubdoc Competitors (71)

One of Hubdoc’s 71 competitors is Fyle, a Formerly VC-backed company based in Newark, DE.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Fyle Formerly VC-backed Newark, DE
Siigo Private Equity-Backed Bogota, Colombia
WorkingPoint Formerly VC-backed San Francisco, CA
Emburse Private Equity-Backed Dallas, TX
Ramp Venture Capital-Backed New York, NY
You’re viewing 5 of 71 competitors. Get the full list »

Hubdoc Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Hubdoc Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
BDC Capital Growth/Expansion Minority
C100 (Commercial Services) Accelerator/Incubator Minority
Hedgewood Asset Manager Minority
Hyde Park Venture Partners Venture Capital Minority
Lionfish Capital Family Office Minority
You’re viewing 5 of 7 investors. Get the full list »

Hubdoc FAQs

  • When was Hubdoc founded?

    Hubdoc was founded in 2011.

  • Where is Hubdoc headquartered?

    Hubdoc is headquartered in Toronto, Canada.

  • What is the size of Hubdoc?

    Hubdoc has 100 total employees.

  • What industry is Hubdoc in?

    Hubdoc’s primary industry is Business/Productivity Software.

  • Is Hubdoc a private or public company?

    Hubdoc is a Private company.

  • What is the current valuation of Hubdoc?

    The current valuation of Hubdoc is .

  • What is Hubdoc’s current revenue?

    The current revenue for Hubdoc is .

  • How much funding has Hubdoc raised over time?

    Hubdoc has raised $4.48M.

  • Who are Hubdoc’s investors?

    BDC Capital, C100 (Commercial Services), Hedgewood, Hyde Park Venture Partners, and Lionfish Capital are 5 of 7 investors who have invested in Hubdoc.

  • Who are Hubdoc’s competitors?

    Fyle, Siigo, WorkingPoint, Emburse, and Ramp are some of the 71 competitors of Hubdoc.

  • When was Hubdoc acquired?

    Hubdoc was acquired on 31-Jul-2018.

  • Who acquired Hubdoc?

    Hubdoc was acquired by Xero (Financial Software).

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