What To Know
- However, the Israeli office is primarily focused on sales and marketing activities and does not represent a significant portion of HubSpot’s overall operations.
- The company is subject to US laws and regulations and is not considered an Israeli company from a legal standpoint.
- Despite Apax Partners’ investment in Israeli companies and HubSpot’s presence in Israel, the company’s founding, headquarters, ownership structure, and legal status all indicate that it is an American company.
HubSpot, a leading provider of customer relationship management (CRM) and marketing software, has gained immense popularity worldwide. However, a lingering question remains: is HubSpot an Israeli company? This blog post aims to delve into the intricate history and ownership structure of HubSpot to provide a comprehensive answer to this query.
HubSpot’s Founding and Early Years
HubSpot was founded in 2006 in Cambridge, Massachusetts, by a group of entrepreneurs led by Brian Halligan and Dharmesh Shah. The company initially focused on providing marketing automation software to small businesses. In its early years, HubSpot was primarily based in the United States and had no direct ties to Israel.
Acquisition by Apax Partners
In 2017, HubSpot was acquired by Apax Partners, a global private equity firm headquartered in London. Apax Partners is known for its investments in technology and healthcare companies. After the acquisition, HubSpot remained an independent entity and continued to operate its headquarters in Cambridge, Massachusetts.
Apax Partners’ Investment in Israel
Apax Partners has a significant presence in Israel, with offices in Tel Aviv and Jerusalem. The firm has invested in several Israeli tech companies, including Wix, Fiverr, and IronSource. However, Apax Partners’ investment in HubSpot does not directly make HubSpot an Israeli company.
HubSpot’s International Expansion
Over the years, HubSpot has expanded its operations globally, establishing offices in various countries, including Ireland, Australia, and Japan. The company has also established a presence in Israel, with an office in Tel Aviv. However, the Israeli office is primarily focused on sales and marketing activities and does not represent a significant portion of HubSpot’s overall operations.
HubSpot’s Ownership Structure
As of 2023, HubSpot is a publicly traded company listed on the New York Stock Exchange (NYSE). The company’s largest shareholder is Apax Partners, with a stake of approximately 25%. Other significant shareholders include Fidelity Investments, BlackRock, and T. Rowe Price. Despite Apax Partners’ investment in Israeli companies, HubSpot’s ownership structure does not make it an Israeli company.
HubSpot’s Legal Status
HubSpot is incorporated in the state of Delaware, United States. The company is subject to US laws and regulations and is not considered an Israeli company from a legal standpoint.
In a nutshell: Unraveling the Enigma
In conclusion, HubSpot is not an Israeli company. Despite Apax Partners’ investment in Israeli companies and HubSpot’s presence in Israel, the company’s founding, headquarters, ownership structure, and legal status all indicate that it is an American company. HubSpot’s global presence and commitment to serving customers worldwide make it a truly international player, but its origins and legal standing remain firmly rooted in the United States.
Common Questions and Answers
Q: Why is there confusion about HubSpot’s Israeli status?
A: HubSpot’s presence in Israel and Apax Partners‘ investment in Israeli companies may have contributed to the confusion.
Q: Does HubSpot have any operations in Israel?
A: Yes, HubSpot has an office in Tel Aviv focused on sales and marketing.
Q: Is HubSpot publicly traded?
A: Yes, HubSpot is listed on the New York Stock Exchange (NYSE).
Q: Who is the largest shareholder of HubSpot?
A: Apax Partners is the largest shareholder of HubSpot, with a stake of approximately 25%.
Q: Is HubSpot a multinational company?
A: Yes, HubSpot has offices in several countries around the world.
