Hubdoc leverages cloud computing and machine learning to automatically collect and analyze business documents for financial reporting, reconciliation and audit proofing. The application automates traditional administrative tasks to help accountants and bookkeepers save time, scale their practice and build deeper client relationships. Hubdoc supports thousands of accounting and bookkeeping firms and tens of thousands of businesses on its platform, and was named the 2016 Xero App Partner of the Year; it is also one of Intuit’s global strategic partners. The company plans to scale growth in North America, Australia and the United Kingdom and to accelerate innovation in accounting automation. Hubdoc intends to invest the new capital in talent across product development, machine learning, sales and marketing and is actively hiring software developers, data scientists, sales and marketing experts.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2017