M&A Deal Summary

Hubspot Acquires Motion AI

On September 20, 2017, Hubspot acquired internet software and services company Motion AI

Acquisition Highlights
  • This is Hubspot’s 7th transaction in the Internet Software and Services sector.
  • This is Hubspot’s 7th transaction in the United States.
  • This is Hubspot’s 1st transaction in Illinois.

M&A Deal Summary

Date 2017-09-20
Target Motion AI
Sector Internet Software and Services
Buyer(s) Hubspot
Deal Type Add-on Acquisition

Target

Motion AI

Naperville, Illinois, United States
Motion AI, Inc. is a bot building platform that enables businesses to build and deploy chatbots for one-to-one communication with customers. Motion AI, Inc. was established in 2015 and is based in Naperville, Illinois.

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Buyer(S) 1

Buyer

Hubspot

Cambridge, Massachusetts, United States

Category Company
Founded 2005
Sector Internet Software and Services
Employees7,829
Revenue 2.2B USD (2023)
DESCRIPTION

Hubspot is a provider of web-based marketing software solutions for small and medium sized businesses. The Company's software helps small businesses reach out and attract leads and new customers. Hubspot was formed in 2005 and is based in Cambridge, Massachusetts.


DEAL STATS #
Overall 7 of 14
Sector (Internet Software and Services) 7 of 12
Type (Add-on Acquisition) 7 of 13
State (Illinois) 1 of 1
Country (United States) 7 of 13
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-28 Evolve

Boston, Massachusetts, United States

Evolve is a mobile application that helps people learn about their dating patterns and make smarter decisions. Evolve App lets users reflect on their experiences, learn from their mistakes, and gives intelligent dating and relationship advice. Evolve was established in 2015 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-04 PieSync NV

Ghent, Belgium

PieSync NV is a real-time intelligent customer data synchronization platform. PieSync NV was founded in 2014 and is based in Ghent, Belgium.

Buy -