About Hubdoc
Hubdoc is a Technology company based in Toronto (Canada) founded in 2011, and was acquired by Xero in July 2018. Financial documents are automated and managed for accountants and businesses. Hubdoc has raised $4.85 million across 1 funding round from investors including Xero, BDC and Hyde Park Venture Partners. Its website hubdoc.com draws about 1.4 million monthly visits. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report. Its legal entity is Hubdoc Inc.
Company details
Hubdoc delivers an automated document collaboration platform for accountants and the small businesses.Users can click a picture of bill through app, or directly upload scanned copy, or forward invoices through mail. It pulls bills, receipts and statements into one secure hub. It converts the metadata from docs into data and publish those documents to cloud accounting platforms creating transactions with the source documents attached. Its free for first 14 days, afterwards charges 20 per month.
Apps and channels of Hubdoc
its YouTube channel Hubdoc has 2.04K subscribers and 12 videos.
Videos from Hubdoc
The most watched videos on Hubdoc's YouTube channel, Hubdoc (2.04K subscribers). Click a video to play it here.
More on Hubdoc.
Funding Insights of Hubdoc
Hubdoc has successfully raised a total of $4.85M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.85 million completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.85M
- Total Rounds 1
- Last Round Seed — $4.85M
- First Round $4.85M
(Jun 2017)
- Investors Count 3
All 1 funding rounds of Hubdoc with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
4 investors in total: 4 institutional.
Investors in Hubdoc
Hubdoc has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Xero, BDC and Hyde Park Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital is invested in Midwest technology startups. | hydeparkvp.com | Chicago, United States | ||
Round13 Capital is engaged in venture capital investments across Canada. | round13.com | Toronto, Canada | ||
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Cloud-based accounting and payment management is offered for small businesses. | 2006 | xero.com | Wellington, New Zealand |
Investor details for Hubdoc
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Hubdoc
3 dated milestones of Hubdoc across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Hubdoc is founded.
- Funding First funding round of $4.8M.
- Exit Acquired by Xero.
Web traffic of Hubdoc
The website of Hubdoc (hubdoc.com) receives about 1.4M visits a month and ranks #48,965 among all websites worldwide, #3,099 in Finance.
- Monthly visits1.4M
▲ 7.7% vs previous month
- Unique visitors159.1K
per month
- Global rank#48,965
among all websites
- Category rank#3,099
Finance · Finance
- Bounce rate39%
- Pages per visit3.4
- Average visit5 min 07 sec
- DevicesDesktop 93% · Mobile 7%
Websites whose visitors overlap most with Hubdoc. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| finovera.com | 100% | 2.4K | #7,213,827 | View details | |
myfedloan.org | myfedloan.org | 74% | #1,112,670 | – | |
boomerandecho.com | boomerandecho.com | 71% | #483,210 | – | |
gopatientco.com | gopatientco.com | 63% | #495,964 | – | |
| americanexpress.com | 57% | 107.4M | #276 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Hubdoc
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- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Hubdoc
Complete news archive for Hubdoc
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Frequently Asked Questions about Hubdoc
Hubdoc was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Hubdoc is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Hubdoc is a funded company, having raised a total of $4.85M across 1 funding round to date. The company's 1st funding round was a Seed of $4.85M, raised on Jun 2017.
Hubdoc delivers an automated document collaboration platform for accountants and the small businesses.Users can click a picture of bill through app, or directly upload scanned copy, or forward invoices through mail. It pulls bills, receipts and statements into one secure hub. It converts the metadata from docs into data and publish those documents to cloud accounting platforms creating transactions with the source documents attached. Its free for first 14 days, afterwards charges 20 per month.
Hubdoc has 4 investors. Key investors include Xero, BDC, Hyde Park Venture Partners, and Round13 Capital.
Hubdoc operates through Hubdoc Inc..
Yes. Hubdoc was acquired by Xero in July 2018.
The website of Hubdoc receives about 1.4 million visits a month and ranks #48,965 among all websites worldwide.