HubSpot Ventures
Profile, fund size and portfolio
HubSpot Ventures is the corporate venture arm of HubSpot, Inc. (customer relationship management software). It was founded in 2018 and is based in Cambridge, United States. It invests from Pre-seed to Series B in agentic applications for SMBs, core AI and agent development tools, content and creativity.
- Fund sizeS4
- USD 100M
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Pre-seed to Series B |
| Sectors | Agentic applications for SMBs, Core AI and agent development tools, Content and creativity, Collaboration and communication, FinTech and commerce, Data infrastructure |
| Geography | Investing globally, US east coast and Europe focus for Nate Morgan |
| Offices | Cambridge, United States, Boston, United States, San Francisco Bay Area, United States |
Sources: S1 HubSpot Ventures page (focus, check size, cards); S3 HubSpot Ventures blog: Accelerating an Agentic Future (2026-04-21).
Data behind this graphic
The firm has not published a portfolio breakdown.
Sources: .
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 100M | Fund size | Stated by the firm or its parent | S4 |
| Companies backed | 70+ | companies | Reported in the press | S6 |
| Companies on the firm's portfolio page | 64 | companies | Counted from the firm's own list | S2 |
Sources: S4 PR Newswire: HubSpot Ventures launches new USD 100 million fund (2021-10-13); S6 Global Venturing: Rising Stars 2026, Nate Morgan; S2 HubSpot Ventures portfolio page (64 company cards).
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | HubSpot, Inc. | Single source | S4 |
| Parent industry | Customer relationship management software | Single source | S4 |
| Founded | 2018 | Single source | S4 |
| Headquarters | Cambridge, United States | Single source | S4 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S5 |
| Headline size | USD 100M (Fund size) | Single source | S4 |
| Companies backed | 70+ | Single source | S6 |
| People on the team page | 4 | Single source | S6 |
| Stages | Pre-seed, Seed, Series A, Series B | Single source | S1 |
Portfolio
The firm's portfolio page lists 64 companies: 64 active.S2
Every company on the HubSpot Ventures list
64 companies, as listed on the firm's own website.S2 Read the firm's list.
- 11x
- Agency AI
- Aircall
- Airtop.ai
- Arrows
- Artisan
- Auctor
- Avoma
- Balance
- Bardeen
- Blinq
- Botpress
- Capsule
- Circle
- Clari
- Clay
- ClickUp
- Coffee
- Community.com
- Crossbeam
- Crystal Knows
- DataGrail
- Descript
- doola
- Edra
- ElevenLabs
- FirmPilot
- G2
- Goldcast
- GrowthX AI
- Hapily
- Hightouch
- Instant
- Jasper
- Lovable
- Maze
- Mintlify
- Mirage
- Moonvalley
- Mux
- Netlify
- Omada
- OneSignal
- Pandadoc
- Payhawk
- Pipe
- QuotaPath
- Reachdesk
- Realm
- Recall
- Rilla
- Storetasker
- Tango
- Tavus
- The Swarm
- Tofu
- TwelveLabs
- Vanta
- Vector
- Vendelux
- Vendr
- Vitally
- Xentral
- Zuper
For founders
| Item | What the firm says | Source |
|---|---|---|
| Stages | Pre-seed, Seed, Series A, Series B | S1 |
| Check size, Seed | USD 500,000 to USD 5M | S1 |
| Leads rounds | Sometimes. "Independent team with fast decision making" | S1 |
| Beyond capital | Partnerships with HubSpot's global ecosystem, access to operators and domain experts, support with integrations and App Marketplace, founder community | S1 |
Fund vehicles
| Vehicle | Size | Year | Note | Source |
|---|---|---|---|---|
| HubSpot Ventures first fund | Not published | 2018 | Launched 2018 per release wording 'Since launching HubSpot Ventures in 2018'; size not found in a primary source | S4 |
| CRM Platform Fund | USD 100M | 2021 | Announced 2021-10-13 as second fund | S4 |
| Evergreen fund | Not published | GCV Powerlist 2025: invests from an evergreen fund | S5 |
Recent rounds
Notable outcomes
IPOs and acquisitions of portfolio companies. Price shown only where published.
| Company | Type | Year | Acquirer or exchange | Price | Source |
|---|---|---|---|---|---|
| Koala | Acquisition | Cursor | S9 |
History
- HubSpot Ventures launched (2021 release; GCV: founded 2018).S4
- CRM Platform Fund of USD 100 million announced 2021-10-13; 12 investments made in 2021 up to then.S4
- Adam Coccari becomes managing director (October); December focus on AI agents for SMBs, 50+ investments after 5 years.S11
- Record 20 new investments including Lovable and ElevenLabs (GCV).S6
- Focus areas updated 2026-04-21; more than 21 investments in the prior 5 quarters.S3
Where sources disagree
- Check sizes: USD 500K - USD 5M initial investments (site) (S1) vs initial cheques between USD 1m and USD 10m (GCV, 2025-06-17) (S5). Site and GCV differ.S1S5
- Companies backed: active portfolio of over 70 companies (UNBOUND bio, 2026) (S9) vs 64 cards on the portfolio page (2026-10-02) (S2) vs 61 active portfolio companies (GCV, 2025-06-17) (S5) vs over 50 portfolio companies and 50+ investments after 5 years (HubSpot, Dec 2024) (S11). Counts differ by date and basis.S9S2S5S11
Official pages
Read the firm's own pages for current information.
- Website www.hubspot.com/ventures
- Portfolio www.hubspot.com/ventures-portfolio
- LinkedIn company page www.linkedin.com/company/hubspot-ventures/
Sources
- S1HubSpot Ventures page (focus, check size, cards)Firm
- S2HubSpot Ventures portfolio page (64 company cards)Firm
- S3HubSpot Ventures blog: Accelerating an Agentic Future (2026-04-21)Firm
- S4PR Newswire: HubSpot Ventures launches new USD 100 million fund (2021-10-13)Parent company
- S5Global Venturing: Powerlist 2025, Adam CoccariPress
- S6Global Venturing: Rising Stars 2026, Nate MorganPress
- S7Global Venturing: Coccari becomes head of HubSpot's CVC (2024-10-24)Press
- S8HubSpot UNBOUND speaker page: Adam CoccariParent company
- S9HubSpot UNBOUND speaker page: Nate MorganParent company
- S10HubSpot Ventures blog: investment in Edra Series A (2026-04-08)Firm
- S11HubSpot newsroom: investment focus for 2025 and beyondParent company
- S12LinkedIn search result: June Zhang, investor at HubSpot VenturesThird-party report
- S13HubSpot Ventures blog: investment in GrowthX AI (2026-04-08)Firm
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by HubSpot Ventures or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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