HubSpot, Inc. (NYSE: HUBS) today announced the pricing of an underwritten public offering of its shares of common stock for gross proceeds of approximately $300 million, before underwriting discounts and other estimated offering expenses. In addition, HubSpot has granted the underwriters a 30-day option to purchase approximately $45 million of additional shares of common stock. All of the shares in the offering are to be sold by HubSpot.

Morgan Stanley is acting as lead book-running manager of the offering and BofA Merrill Lynch is acting as co-manager of the offering. The offering is expected to close on or about February 19, 2019, subject to customary closing conditions.

The shares are being offered by HubSpot pursuant to an automatically effective shelf registration statement that was previously filed with the Securities and Exchange Commission (SEC). A preliminary prospectus supplement relating to and describing the terms of the offering was filed with the SEC on February 13, 2019. The final prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC's website at www.sec.gov. When available, copies of the final prospectus supplement and the accompanying prospectus relating to these securities may also be obtained by contacting Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About HubSpot, Inc.

HubSpot is a leading growth platform. Over 56,500 total customers in over 100 countries use HubSpot's award-winning software, services, and support to transform the way they attract, engage, and delight customers.