How Much Did Hubble Raise?
Funding & Key Investors

Hubble, an eCommerce subscription service for daily-use contact lenses, has secured significant enterprise-level funding, with its total capital raised standing at $63.7M. The company recently announced a major strategic investment of $40M, underscoring its growth trajectory in the direct-to-consumer eyewear market. This latest financing round is expected to fuel further expansion and enhance its service offerings.

What is Hubble?

Hubble
RetailFlowers, Gifts & Specialty StoresDrug Stores & Pharmacies

Founded in 2016 and headquartered in New York, New York, Hubble Contacts operates on a subscription model, delivering daily disposable contact lenses directly to consumers on a monthly basis. This direct-to-consumer approach bypasses traditional retail markups, offering a more accessible and convenient solution for eyewear needs. The company's focus on a streamlined e-commerce experience and recurring revenue model positions it as a key player in the evolving landscape of online retail and healthcare services.

How much funding has Hubble raised?

Hubble has raised a total of $63.7M across 4 funding rounds:

2016

Other Financing Round

$3.5M

Other Financing Round

$3.7M

2017

Series A

$16.5M

2018

Other Financing Round

$40M

Other Financing Round (2016): $3.5M with participation from Wildcat Capital Management, Oscar Salazar, Brian Levy, and Two River

Other Financing Round (2016): $3.7M led by Brian Levy, Two River, Wildcat Capital Management, Eric Stromberg, and Oscar Salazar

Series A (2017): $16.5M supported by Wildcat Capital Management, Oscar Salazar, FirstMark Capital, Brian Levy, and Two River

Other Financing Round (2018): $40M featuring Wildcat Capital Management, FirstMark Capital, and Two River

Key Investors in Hubble

Wildcat Capital Management

Wildcat Capital Management, a single-family office, specializes in partnership-centric investments in leading companies, providing equity capital and strategic support. They focus on thematically driven investments across various sectors.

FirstMark Capital

FirstMark Capital is a venture capital firm operating in the Information & Document Management industry, known for investing in technology-focused companies.

Two River

Two River is a publisher known for producing uniquely designed books, suggesting an interest in companies with strong branding and unique market positioning.

What's next for Hubble?

With substantial backing, Hubble is poised for accelerated growth and market penetration. The recent strategic investment signals confidence from its backers in the company's business model and future potential. This capital infusion will likely support initiatives such as expanding its product line, enhancing its digital platform, optimizing supply chain logistics, and increasing marketing efforts to reach a broader customer base. The company's continued focus on customer convenience and affordability suggests a strategy aimed at capturing a larger share of the contact lens market through sustained innovation and operational efficiency.

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Frequently Asked Questions Regarding Hubble Financial Insights

What are the most recent funding rounds that Hubble has completed, and what were the funding rounds?
Hubble has recently completed 3 funding rounds: Other Financing Round on Jul 2, 2018, Series A on Mar 13, 2017, Other Financing Round on Oct 17, 2016.
What is the total amount of funding Hubble has raised to date?
Hubble has raised a total of $63.7M in funding to date.
How many funding rounds has Hubble completed?
Hubble has completed 3 funding rounds.
How much funding did Hubble raise in its most recent funding round?
Hubble raised $40M in its most recent funding round.
Who are the lead investors in Hubble's latest funding round?
The lead investor in Hubble's latest funding round was Wildcat Capital Management. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Hubble's history?
The largest funding round in Hubble's history was $40M.
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