£3
Seneca Partners backed the retail technology company through its EIS Portfolio Fund and Growth Capital VCT.
"We have been very impressed by the progress that HubBox has made to date and the global scale up potential of the product. Sam Jarvis, CEO, and the team have worked closely with the major global delivery networks to provide this software solution to the market, something that we believe has the potential to address the growing problem of increasing last mile cost and inefficiencies. Whilst the product itself is far from simple, we were attracted to the very clear use cases, the lack of true competition and the enormous underserved end market."