Hubdoc, founded in 2011, is a Canadian-based company specializing in AI, Analytics, and Fintech, among other technological fields. Hubdoc aims to revolutionize the domain of accounting and bookkeeping through its sophisticated data capture and automation tools, powered by cloud computing and machine learning.
The company's tools are designed to seamlessly create accurately coded transactions, enhancing efficiency in areas such as financial reporting, reconciliation, and audit proofing. A part of Xero, Hubdoc enjoys a strong reputation with a consistent 5-star rating on both Xero and Intuit Quickbooks app stores, highlighting its commitment to customer satisfaction.
The last investment in Hubdoc was a $6.00M Seed Round on 21 June 2017, backed by influencers like Hyde Park Venture Partners and BDC Venture Capital. The company's ambition and client-centric approach position it well for venture capitalists seeking opportunities in the expanding SaaS and financial services sectors.