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Hubspot Invests $7.5 Million In Support Of Minority Depository Institutions To Foster Economic Opportunities For Black Businesses, Families, And Communities

PRIVATEDec 06, 2021

Amount Raised

$7.5 Million

Round Type

Funding Round

CambridgeSales And MarketingFood And Beverage

Description

HubSpot, the customer relationship management (CRM) platform for scaling companies, today announced it is investing the remaining $7.5 million of its $20 million social impact investing commitment in support of Minority Depository Institutions (MDIs) to help close the racial wealth, health, and opportunity gap. The investment continues HubSpot's commitment to Black communities as part of the company's efforts to help dismantle systemic racism through meaningful change across four key pillars - introspection, investment, inclusion, and impact.

Quick answer

Support raised $7.5 Million in a Funding Round round, dated December 6, 2021. Support is based in Cambridge, Maryland, United States.

How much did Support raise?
Support raised $7.5 Million in a Funding Round round on December 6, 2021.
What does Support do?
The platform includes marketing, sales, service, operations, and website management products that start free and scale to meet our customers' needs at any stage of growth.
Where is Support based and how big is it?
Support is based in Cambridge, Maryland, United States.

Source: Fundz verified event record.

Who else raised in Sales And Marketing and Food And Beverage around the same time

Companies in the same sectors as Support that raised within 45 days of this round, from Fundz verified event records.

  • Oni raised $75M (Series B) on January 20, 2022.
  • Viola raised $250M (Funding Round) on January 19, 2022.
  • Torani raised an undisclosed amount on January 18, 2022.
  • Evocalize raised $12M (Series A) on January 18, 2022.
  • Lument raised $46M (Debt Financing) on January 18, 2022.
  • Regent Craft raised $25M on January 18, 2022.

Who to call at Support, and when

A new round usually means Support is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Support raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Support, from your own LinkedIn network

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Company Information

Company

Support

Location

Cambridge, Maryland, United States

About

The platform includes marketing, sales, service, operations, and website management products that start free and scale to meet our customers' needs at any stage of growth.

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Fundz sees it the moment Support raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Support raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.