HubSpot co-founder and CTO Dharmesh Shah disclosed on LinkedIn that he bought 10,000 shares of HubSpot for roughly $1.8M, his first HubSpot stock purchase since 2022, alongside purchases the same day by CEO Yamini Rangan and board chair Lorrie Norrington. Shah said the move is a bet on HubSpot’s long-term vision after a stock decline despite the company adding 10,800 net new customers in the quarter to reach roughly 300,000 customers with revenue growth of 20%+. On the question of whether AI agents will disrupt HubSpot, Shah said agents won’t rewrite a CRM but will instead use platforms with strong “Agentic Experience” alongside great user experience, arguing “headless is great, but we don’t think completely humanless is a good idea.”
