What is Hubba?
Hubba operates as a comprehensive platform designed for discovering vehicles, enabling users to refine their searches through detailed filters such as make, model, year range, mileage, and location. The service aims to bridge the gap between potential buyers and a diverse inventory of vehicles, catering to individuals actively seeking to purchase automobiles or those simply exploring available options in the automotive market. The platform prioritizes an intuitive user experience to streamline the vehicle discovery process.
How much funding has Hubba raised?
Hubba has raised a total of $16.4M across 3 funding rounds:
Other Financing Round
$2.3M
Angel/Seed
$3.1M
Series A
$11M
Other Financing Round (2014): $2.3M with participation from Bearing Capital, Brightspark Ventures, and CRCM Ventures
Angel/Seed (2014): $3.1M led by The Social + Capital Partnership and Brightspark Ventures
Series A (2015): $11M supported by Brightspark Ventures, Kensington Venture Fund, and Real Ventures
Key Investors in Hubba
Brightspark Ventures
Brightspark Ventures is a prominent Canadian venture capital firm, actively investing in disruptive tech companies from seed to growth stages since 1999. They provide growth capital and expertise to exceptional entrepreneurs.
CRCM Ventures
CRCM Ventures is a San Francisco-based investment advisory firm, registered with the SEC since 2012, focusing on tailored financial strategies for its clients.
The Social + Capital Partnership
Social Capital is an investment firm dedicated to making significant investments in transformative ideas and technologies, aiming to create positive societal impact through its strategies.
What's next for Hubba?
With the recent influx of enterprise-level capital, Hubba is poised for significant growth and innovation. The company's focus on enhancing its vehicle discovery tools and expanding its market reach is likely to be a primary objective. Future developments may include strategic partnerships within the automotive ecosystem, further technological advancements in search algorithms, and potentially expanding into related services. The sustained investment underscores a strong belief in Hubba's potential to capture a substantial share of the digital automotive marketplace.
See full Hubba company page
