Hubdocrevenue, acquisition & funding
Accounting & Finance Software1881 Yonge Street, Toronto, Ontario, CanadaFounded 2014
Hubdoc was acquired by Xero. See Xero's profile →
Hubdoc gets your key financial docs in one place, automatically. Say goodbye to chasing documents & data entry. Say hello to increased productivity & automation.
Hubdoc revenue
Hubdoc's annual revenue was $1.6M in November 2016, its last figure before Xero bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Nov 2016 | $1.6M | – |
– source not recorded
Who owns Hubdoc
Xero owns Hubdoc. The date and price of the deal are not on record.
Hubdoc funding rounds & investors
Hubdoc has raised $4.8M in one round: a Seed round in June 2017.
| Date | Round | Raised |
|---|---|---|
| Jun 2017 | Seed | $4.8M |
| Total raised | $4.8M |
Hubdoc CEO, founders & employees
Yoseph West founded Hubdoc in 2014 and led it as CEO. Hubdoc had 28 employees (December 2020), down from 63 a year earlier.
- Yoseph WestFounder & CEO
Team mix (Dec 2020): 11 engineers, 3 in sales, 1 in marketing
All 5 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2020 | 28 | – |
| Jun 2020 | 28 | – |
| Dec 2019 | 63 | – |
| Dec 2018 | 92 | – |
| Nov 2016 | 22 | – |
Hubdoc FAQ
What was Hubdoc's revenue?
Before Xero bought it, Hubdoc's annual revenue was $1.6M in November 2016 (source not recorded).
Who owns Hubdoc?
Xero owns Hubdoc.
How much funding has Hubdoc raised?
Hubdoc raised $4.8M in one funding round before Xero bought it: a Seed round in June 2017.
How many employees does Hubdoc have?
Hubdoc had 28 employees in December 2020.
Who founded Hubdoc?
Yoseph West founded Hubdoc in 2014.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Hubdoc? Join the podcast