Hubble secures £2m Series A follow on investment led by Pi Labs
Hubble secures £2m in Series A follow on funding led by Pi Labs to launch new hybrid working products.
Hubble operates an online marketplace and hybrid workplace platform that connects businesses with flexible office space and remote working solutions.
London based flexible workspace platform Hubble has secured £2m in Series A follow on funding. The investment was led by Pi Labs, alongside existing backers JLL Spark and Starwood Capital via Concrete VC.
The capital will be deployed to support the launch of Hubble's new suite of products designed for hybrid working. The company has experienced a rebound in enquiries reaching 80% of pre pandemic levels as businesses shift away from long term leases.
Hubble offers tools for workplace strategy, office search, on demand global workspace access and remote work perks. The platform covers thousands of office spaces across the UK and international locations.
From the founder
"The last 14 months have completely transformed the relationship between work and the workplace. Office space is a $22 trillion asset class, which will see it's biggest change in a generation in the next five years. Hybrid working will become the new normal, as employers and employees seek to find the right balance between office and remote working."
Tushar Agarwal
CEO and Co-founder at Hubble
Investor perspective
"We're seeing a huge shift in the future of work. Businesses want to be able to transition to a hybrid working model, but this is new and difficult for many. We've been seriously impressed with Hubble's ability to deeply understand a new customer problem and use their foundation as pioneers in the flexible office market, to build a solution that makes hybrid working easy."
Hugo Silva
Senior Investment Manager, Pi Labs
Use of funds
- 01Continue product development