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HubSync has secured over $100M in growth investment from Thoma Bravo to accelerate its product roadmap and enhance customer service.

May 05, 20258 months ago

Amount Raised

$100 Million

FranklinInformation Technology

Investors

Thoma Bravo

Description

HubSync, based in Franklin, TN, received a significant growth investment from Thoma Bravo. The company plans to utilize these funds for product development and innovation. CEO John McGowan leads HubSync, which has shown impressive revenue growth. They currently serve over 40% of the top 25 accounting firms in the U.S.

Company Information

Company

HubSync

Location

407 Main Street, Suite 202 C

Franklin, Tennessee, United States

About

HubSync is a leading provider of tax compliance and workflow automation software currently servicing the leading CPA firms across the US and Canada, representing over 100% customer growth over the last year. Headquartered in Franklin, Tennessee, HubSync was founded in 2019 and has been recognized on the 2024 Deloitte Technology Fast 500 for its 550% revenue growth.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech