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With over 41,000 customers and an average annual spend of over $10,000 per customer, HubSpot generated approximately $375 million in revenue last year. Despite its current valuation of around $4.5 billion, HubSpot continues to invest heavily in growth, recently achieving profitability and free cash flow positivity. This focus on scaling, combined with an estimated $45 billion total addressable market, suggests expansive growth ahead.
AppFolio: Streamlining Niche Markets