HubSync - Growth Capital

$100M Raised

The tax world isn’t known for its swagger. But then again, most of it didn’t come out of Franklin, Tennessee with over 744% revenue growth and Thoma Bravo backing a $100M+ strategic growth round like it was just tuning up the engine.

Enter HubSync, a company with the kind of trajectory that makes spreadsheets look like scripture. What started in Alexandria, VA as John McGowan’s post Big Four consultancy has turned into the CPA firm’s automation nerve center, and it’s not slowing down. With John McGowan’s résumé reading like a tax tech Hall of Fame (Partner and Tax Tech Leader at Deloitte, Global CIO for KPMG’s Tax Division), it’s no surprise that when he built something, it wasn’t another point solution; it was the platform.

HubSync isn’t selling shiny features. It’s selling sanity. Because when 85% of top CPA firms juggle five or more disconnected tools just to do their job, it’s not innovation, it’s duct tape. HubSync stitches the mess together into a single, integrated, cloud-native stack, engagement letters, PBC automation, real-time return tracking, secure portals, even Outlook file sharing, all under one hood. It’s not “disruption,” it’s correction. A return to operational logic.

And firms are catching on. Over 40% of the top 25 accounting firms in the U.S. are already on board. We’re talking millions of client records managed, half a million organizers sent, and a UI so smooth it could probably file its own taxes. This isn’t a product, it’s a platform with purpose, and precision.

Here's a note, if you’ll allow just one: Thoma Bravo didn’t just write a check. They threw gas on the fire. With this new round, HubSync is set to double down on R&D, amp up client support, and expand a roadmap that’s already miles ahead. The 2024 updates alone, the new HubSync Gateway, enhanced tax organizer UX, and Outlook-integrated file sharing, are signals of a team building for scale, not short-term sizzle.

Shoutout to the leadership: John McGowan (CEO), Paul Madarasz (COO/CRO), Don Terry (CRO), Elizabeth Weissman (CMO), and Shpetim S. (Senior Director Engineering). This squad doesn’t just know software. They know the grind behind the forms and the opportunity in the inefficiencies.

Let’s connect and keep the momentum going across the tech ecosystem. Whether you’re a founder shaping the future, a leader driving change, a VC backing bold ideas, or an investor spotting the next big thing—together, we’re pushing boundaries. Proud to be building the future with you.

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