How Much Did Hubble Raise?
Funding & Key Investors

Hubble, a prominent player in the direct-to-consumer vision care sector, has successfully navigated multiple rounds of capital infusion to solidify its market presence. With a cumulative total funding amount of $63.7M, the company has demonstrated a robust trajectory in scaling its subscription-based eCommerce platform. The most recent strategic investment of $40M underscores continued investor confidence in the firm's ability to disrupt traditional optical retail channels through its monthly delivery model for daily-use contact lenses.

What is Hubble?

Hubble
RetailFlowers, Gifts & Specialty StoresDrug Stores & Pharmacies

Founded in 2016 and headquartered in New York, Hubble operates a specialized eCommerce subscription service that provides daily-use contact lenses directly to consumers. By bypassing traditional brick-and-mortar optical retailers, the company offers a streamlined, cost-effective alternative for vision correction. Hubble's business model is predicated on high-frequency customer engagement and the convenience of recurring monthly shipments, positioning it as a significant competitor in the modern health-tech and wellness landscape.

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 Brian Levy, Two River, Wildcat Capital Management, and Oscar Salazar

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

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

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

Key Investors in Hubble

FirstMark Capital

FirstMark is an early-stage venture capital firm headquartered in New York City that backs exceptional founders and provides a platform designed to accelerate growth through transformative access to networks and top talent.

Wildcat Capital Management

Wildcat Capital Management is a partnership-centric investment firm that provides management teams with equity capital and strategic support to drive long-term value creation across various sectors.

Two River

Two River is an investment entity that engages with diverse business models, contributing to the broader financial backing of companies seeking to establish a unique market presence.

What's next for Hubble?

Following the latest major strategic investment, Hubble is well-positioned to further optimize its supply chain and expand its customer acquisition efforts. The company's focus remains on scaling its subscription infrastructure and potentially diversifying its product offerings within the vision care ecosystem. As the firm matures beyond its initial growth phase, the emphasis will likely shift toward long-term retention strategies and enhancing the digital user experience to maintain its competitive edge against both legacy optical providers and emerging direct-to-consumer rivals.

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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 Two River. 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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