CAMBRIDGE, Mass., Feb. 11, 2021 /PRNewswire/ -- HubSpot, the
customer relationship management (CRM) platform for scaling
companies, announced today that it has surpassed 100,000 paying
customers and has reached $1 billion
in annual recurring revenue, marking two important milestones in
the company's nearly 15-year history.
HubSpot was founded on the idea that the way people shop and buy
had changed, and that companies needed to adapt to that change by
creating valuable content and experiences that lead to long-term
relationships with customers. While HubSpot began with the inbound
methodology and a marketing automation app, it has now expanded to
a powerful CRM platform that helps companies align their marketing,
sales, and service teams to create delightful customer experiences.
The platform is supported by more than 600 integrations, a thriving
solutions partner network, and hundreds of Academy courses that are
all based on HubSpot's belief that companies that align their
success with that of their customers grow better.
"My co-founder Dharmesh has a saying, 'success is making those
who believed in you look brilliant.' These milestones are a massive
testament to each and every customer who has believed in us over
the past 15 years; we owe our success to you," said Brian Halligan, co-founder and CEO of HubSpot.
"As I reflect on the past year, I'm deeply humbled that so many
companies have chosen HubSpot to help them innovate and adapt
during this time of unprecedented uncertainty and change. Our
customers are building the next normal, and I'm excited to continue
to work alongside them to create a better future."
This announcement follows a year of significant growth for
HubSpot as the company has expanded its offerings to meet the needs
of scaling companies. Notable announcements from 2020 include:
- The relaunch of the company's Marketing Hub Enterprise and
Sales Hub Enterprise offerings, marking the most significant
expansions of HubSpot's enterprise-tier products to date.
- The introduction of marketing contacts, a new pricing model
that allows customers to only pay for the contacts they want to
market to via email or ads.
- The launch of CMS Hub, a standalone content management system
that represents the company's fourth product hub.
To celebrate this milestone, HubSpot is also recognizing
customers who used the company's platform to scale in 2020. Despite
the uncertainty and financial hardship that many companies
experienced, HubSpot customers saw a 40% increase in website visits
in 2020, and average monthly deal creation per portal grew
approximately 10% compared to the beginning of the year. From
mental health and finance to business collaboration and
entertainment, these companies have continued to innovate and to
help their own customers adapt to the next normal.
"When the pandemic hit at the beginning of 2020, we shifted our
focus towards creating valuable content for our customers to help
them navigate tremendous uncertainty and new modes of work, talent
sourcing, and hiring," said Doug
Ellinger, CMO at Workable. "HubSpot's platform made it easy
to create and share resources with the companies and individuals
that needed them the most. We know we'll be able to continue to
rely on HubSpot as we enter our next phase of growth."
Learn more about the companies using HubSpot to grow better
here.
About HubSpot
HubSpot (NYSE: HUBS) is a leading customer relationship
management (CRM) platform that provides software and support to
help companies grow better. The platform includes marketing, sales,
service, and website management products that start free and scale
to meet our customers' needs at any stage of growth. Today, more
than 100,000 customers across more than 120 countries use HubSpot's
powerful and easy-to-use tools and integrations to attract, engage,
and delight customers.
Named Glassdoor's #4 Best Place to Work in 2021, HubSpot has
been recognized for its award-winning culture by Great Place to
Work, Comparably, Fortune, Entrepreneur, Inc., and more. HubSpot
was founded in 2006 and is headquartered in Cambridge, Massachusetts. The company's
thousands of employees work across the globe in HubSpot offices and
remotely.
Learn more at www.hubspot.com.
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SOURCE HubSpot