What is HubbleHQ?
HubbleHQ is recognized as the premier online platform in the UK for office space searches, facilitating new office placements for businesses approximately every three hours. Leveraging advanced technology, HubbleHQ streamlines and enhances the office search process for a diverse clientele, from startups to large enterprises. The platform integrates a user-friendly website with London's most extensive real-time dataset of office properties and expert advisory services. This comprehensive approach has dramatically reduced the average office search duration from three months to just three weeks. Founded in 2014 by Tushar Agarwal and Tom Watson, HubbleHQ has a proven track record, having assisted over 12,000 business customers in finding suitable office spaces from a selection of over 5,000 flexible and leased properties across London. Notable clients include rapidly growing and forward-thinking companies such as Monzo, Trustpilot, and PwC.
How much funding has HubbleHQ raised?
HubbleHQ has raised a total of $5M across 3 funding rounds:
Angel/Seed
$634K
Private Equity
$1.5M
Series A
$2.8M
Angel/Seed (2014): $634K with participation from Spire Ventures
Private Equity (2017): $1.5M led by Maxfield Capital, Concrete, 500.com, and Firestartr
Series A (2019): $2.8M, investors not publicly disclosed
Key Investors in HubbleHQ
Spire Ventures
Spire Ventures is a London-based venture capital investor specializing in property services and real estate investment platforms. The firm focuses on supporting entrepreneurs in building high-growth ventures, providing them with the necessary resources to maximize shareholder value and achieve successful exits.
Maxfield Capital
Maxfield Capital is a venture fund that invests in global information technology companies, focusing on business development and technology transfer. The firm connects Eastern European startups with the Silicon Valley ecosystem to facilitate scaling and future exits.
Concrete
Concrete is an entity that has participated in HubbleHQ's funding rounds. Further specific details on their investment focus are not readily available from the provided data.
What's next for HubbleHQ?
The substantial enterprise-level funding HubbleHQ has attracted signals a strategic phase of accelerated growth and market penetration. With a focus on enhancing its technology platform and expanding its market reach, the company is well-positioned to capitalize on the evolving demands of the commercial real estate sector. Future initiatives are likely to involve further technological innovation, strategic partnerships, and potentially geographic expansion, solidifying its role as a leader in the PropTech industry.
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