HubSync, a Franklin, Tennessee-based provider of tax compliance and workflow automation software, has secured over $100 million in strategic growth investment.
Investors
The round was led by Thoma Bravo, a software-focused investment firm with over $179 billion in assets under management as of December 2024. It invests in innovative software and tech companies through private equity, growth equity, and credit strategies. Over the past 20+ years, it has invested in approximately 520 companies, totaling $275 billion in enterprise value. The firm has offices in Chicago, Dallas, London, Miami, New York, and San Francisco.
HubSync Use of Funds
The company will use the funds to fuel product development, enhance customer service, and support continued growth and innovation.
About HubSync
Founded in 2019 and led by CEO John McGowan, HubSync provides an all-in-one tax and accounting automation platform to streamline workflows and enhance client experiences for CPA firms. It offers automated engagement letter creation, client data collection, workflow tracking, e-signatures, document sharing, and analytics. HubSync integrates various tools into one platform, enhancing efficiency and collaboration. Headquartered in Franklin, Tennessee, HubSync currently services leading CPA firms across the U.S. and Canada. The company’s mission to modernize tax and accounting technology has reshaped the industry.
Funding Details
Company: HubSync Co.
Raised: $100.0M+
Round: Growth Investment
Funding Date: May 2025
Lead Investor: Thoma Bravo
Additional Investors: Not disclosed
Company Website: https://www.hubsync.com/
Software Category: Tax and Accounting Automation
Source: https://www.prnewswire.com/news-releases/thoma-bravo-announces-more-than-100m-strategic-growth-investment-in-hubsync-302445777.html