HubSpot's acquisitions: what it paid, per SEC filings

HubSpot has made five acquisitions since late 2023. Below is what each deal cost according to HubSpot's SEC filings. Payments tied to continued employment are treated as compensation and are not included.

Dec 1, 2023: Clearbit, $140.4M Purchase consideration per SEC purchase accounting. SEC filing

Oct 30, 2024: Cacheflow, $40.4M Cash, net of cash acquired. About $24.5M of employment-linked payments excluded. SEC filing

Jan 6, 2025: Frame AI, $51.4M About $8.2M of employment-linked payments excluded. SEC filing

May 1, 2025: Dashworks, $18.2M About $6.6M of employment-linked payments excluded. SEC filing

Apr 3, 2026: Futurepedia, $19.1M Cash, net of cash acquired. About $8.6M of employment-linked payments excluded. SEC filing

Sources HubSpot SEC filings: 1, 2, 3

Image: HubSpot co-founders Brian Halligan and Dharmesh Shah. Credit: CorporateM, Wikimedia Commons (CC BY-SA 3.0)