Tech Company Financing Transactions
Hubdoc Funding Round
Hubdoc closed a $4.9 million Seed funding round on 6/22/2017. Investors included BDC Venture Capital, Round 13 Capital and Hyde Park Venture Partners.
Transaction Overview
Company Name
Announced On
6/22/2017
Transaction Type
Venture Equity
Amount
$4,850,000
Round
Seed
Investors
Proceeds Purpose
The funds will be used to scale growth in North America, Australia and the United Kingdom, and to accelerate innovation in accounting automation. The company plans to invest in talent across product development, machine learning, sales and marketing.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
250 University Ave.
Toronto ON, M5H 3E5
Canada
Toronto ON, M5H 3E5
Canada
Phone
Website
Email Address
Overview
Hubdoc is on a mission to change the way accounting and bookkeeping gets done. Our application leverages cloud computing and machine learning to automatically collect and analyze business documents for financial reporting, reconciliation and audit proofing.
Management Team
Browse more venture capital transactions:
Prev: 6/22/2017: MyTutor venture capital transaction
Next: 6/22/2017: Growbots venture capital transaction
Share this article
About Database of VC Transactions
We report on every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs