HubSync, an Alexandria, Virginia-based SaaS software company with a next-generation tax and accounting automation platform, raised Series A funding.
The round was led by Nashville Capital Network (NCN) and included other highly-strategic industry veterans. The funds will be used to fuel HubSync’s rapid growth and further accelerate product development.
“We could not be more thrilled to work with NCN. They are the ideal partner for us with their impressive network of strategic partners, portfolio of successful SaaS companies, and like-minded team. This funding round will strengthen our go-to-market strategy and enable HubSync to evolve our platform based on market demand and client feedback. Utilizing the latest in cloud-based technologies, HubSync brings standardization, automation, and a suite of integrated modules to the market,” says John McGowan, Founder and CEO. “We expect the partnership with NCN to help fuel our growth for the foreseeable future as we realize our vision of fundamental change for professionals and clients in the tax and accounting industries.“
HubSync provides a single gateway for modern collaboration between industry professionals and their clients, providing them with all the necessary information and tools directly at their fingertips.
The HubSync platform allows firms to deliver a seamless and intuitive experience that professionals now expect, moving away from a host of siloed, single-purpose applications with disparate interfaces that are unable to speak to one another.
Company: HubSync Co.
Round: Series A
Funding Month: May 2023
Lead Investors: Nashville Capital Network (NCN)
Company Website: https://hubsync.com/
Software Category: Corporate Tax Software
About the Company: HubSync is a modern SAAS platform built for tax professionals and a fully digital, end-to-end productivity platform for CPAs. HubSync offers several radical technology solutions for the tax and accounting industries. The company’s fully automated, start-to-finish solution solves the pain points associated with the tax return process. HubSync’s mission is to simplify and automate the tax and accounting processes for CPA firms with best-in-class technology and solutions, enabling firm professionals and their clients to enjoy the tax, accounting, and advisory processes.