What is Hubble?
Founded in 2016 and headquartered in New York, New York, Hubble operates an eCommerce subscription service focused on delivering daily-use contact lenses directly to consumers on a monthly basis. The company has carved out a niche by simplifying the process of obtaining corrective eyewear, offering a convenient and accessible solution for its subscriber base. This direct-to-consumer approach, coupled with a recurring revenue model, positions Hubble for scalable expansion within the competitive online retail landscape.
How much funding has Hubble raised?
Hubble has raised a total of $63.7M across 4 funding rounds:
Other Financing Round
$3.5M
Other Financing Round
$3.7M
Series A
$16.5M
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 Wildcat Capital Management, Two River, Brian Levy, Eric Stromberg, 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
Two River
Two River is a publisher known for its uniquely designed books, focusing on classic and contemporary poetry, local interest literature, and art books. Their engagement in Hubble's funding suggests an interest in innovative consumer-facing businesses.
Wildcat Capital Management
Wildcat Capital Management, a single-family office, specializes in partnership-centric investments across various sectors, including digital customer engagement. Their backing of Hubble aligns with their focus on driving long-term value creation in growing companies.
FirstMark Capital
FirstMark Capital operates in the Information & Document Management industry and has a presence in New York City. Their investment in Hubble indicates a strategic interest in technology-enabled consumer services.
What's next for Hubble?
The recent major strategic investment signals Hubble's transition into a scaling phase, likely aimed at enhancing its operational infrastructure, expanding its product offerings, and potentially exploring new market segments. With substantial backing, the company is poised to further optimize its subscription logistics and customer acquisition strategies. Future developments may include technological advancements in user experience and supply chain management, solidifying its competitive advantage in the direct-to-consumer eyewear market.
See full Hubble company page
