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

BDC Venture Capital (Lead Investor)

Round 13 Capital (Lead Investor)

Hyde Park Venture Partners

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
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.
Profile
Hubdoc LinkedIn Company Profile
Social Media
Hubdoc Company Twitter Account
Company News
Hubdoc News
Facebook
Hubdoc on Facebook
YouTube
Hubdoc on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jamie Shulman
  Jamie Shulman LinkedIn Profile  Jamie Shulman Twitter Account  Jamie Shulman News  Jamie Shulman on Facebook


 

 

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

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary