Hubdoc Overview
- Year Founded
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2011
- Status
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Acquired/Merged
- Employees
-
100
- Latest Deal Type
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M&A
- Latest Deal Amount
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$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(Operating Subsidiary)
Corporate Office
- 1655 Dupont Street
- Suite 350
- Toronto, Ontario M6P 3T1
- Canada
Corporate Office
- 1655 Dupont Street
- Suite 350
- Toronto, Ontario M6P 3T1
- Canada
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 |
Hubdoc Comparisons
Industry
Financing
Details
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 |
Hubdoc Signals
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 |
Hubdoc FAQs
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When was Hubdoc founded?
Hubdoc was founded in 2011.
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Where is Hubdoc headquartered?
Hubdoc is headquartered in Toronto, Canada.
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What is the size of Hubdoc?
Hubdoc has 100 total employees.
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What industry is Hubdoc in?
Hubdoc’s primary industry is Business/Productivity Software.
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Is Hubdoc a private or public company?
Hubdoc is a Private company.
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What is the current valuation of Hubdoc?
The current valuation of Hubdoc is .
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What is Hubdoc’s current revenue?
The current revenue for Hubdoc is .
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How much funding has Hubdoc raised over time?
Hubdoc has raised $4.48M.
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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.
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Who are Hubdoc’s competitors?
Fyle, Siigo, WorkingPoint, Emburse, and Ramp are some of the 71 competitors of Hubdoc.
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When was Hubdoc acquired?
Hubdoc was acquired on 31-Jul-2018.
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Who acquired Hubdoc?
Hubdoc was acquired by Xero (Financial Software).
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