HUBX revenue hit $641.5K in 2024

HUBX generates revenue from customers

HUBX

London, England, United Kingdom

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How HUBX hit $641.5K revenue with a 8 person team in 2023.

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Founded

2015

Founded

Revenue

$641.5K

2023 Revenue

YOY

-30.2%

YOY

Funding

$7.3M

Funding

HUBX Revenue

In 2023, HUBX revenue run rate hit $641.5K in revenue.

  • 2023

    HUBX hit $641.5K in revenue in 2023

  • 2021

    HUBX hit $1.6M in revenue in 2021

  • 2015

    HUBX launched in 2015 with $0 revenue

HUBX Funding History

  • 2021 Series A

    HUBX raised a Series A of in October, 2021

  • 2021 Series A

    HUBX raised a Series A of in February, 2021

FUNDING DATE ROUND AMOUNT VALUATION
October, 28 2021 Series A
February, 09 2021 Series A

Team

HUBX has 8 total employees.

DISTRIBUTION QTY
Total team size 8

Founder / CEO

Derek Wall

Founder and CEO at HUBX. Derek Wall serves as Founder, CEO of HUBX, a marketplace platform democratizing and disrupting the trillion dollar secondary distribution industry by empowering manufacturers, brands and distributors to sell anonymously direct to worldwide B2B customers. Born and raised in Silicon Valley into a family of startup entrepreneurs, Derek has always had an entrepreneurial spirit and a keen eye for business. Despite battling dyslexia and dropping out of high school his senior year, Derek helped launch Ezekiel Clothing, out of his house at age 19, and nearly 30 years later Ezekiel is a top surf and skate brand sold at top-tier retailers around the world. Derek continued to excel in manufacturing as he went on to co-found a snowboard distribution and manufacturing company at age 23, which was acquired by a public company two years later. In 1996 and at the age 26, Derek co-founded TechStore one of the first online computer retailers. In 1999 Derek co-founded eMarketplace a publicly held Silicon Valley internet software incubator, which acquired TechStore giving a combined value of $189M. He continued to prove his business prowess when he founded BuyNow – a subsidiary of Buy.com – which was later acquired by one of the top three internet companies in the world, Rakuten, for $250 million in 2010. Up until 2014, Derek was also Founder and CEO of VAULT, a Rakuten-company and the first online event-based fashion marketplace. In 2017, Derek sought to disrupt traditional distribution and enrolled at HBX Harvard Business School with professor Clayton Christensen on disruptive innovation, which lead Derek to write his final thesis of what HUBX is today. Since launching, HUBX has exceeded all expectations - crushing $200M within its first year, and has amassed customers in 101 countries. Outside of his personal ventures, Derek is passionate about mentoring start-up founders and advising startups.

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Customers

Churn

HUBX Executives

Name Position Working Email Personal Email
Derek Wall CEO [email protected] -

HUBX Employees

Name Position Working Email Personal Email
Derek Wall CEO [email protected] -

Frequently Asked Questions about HUBX

  • When was HUBX founded?

    HUBX was founded in 2015.

  • How much revenue does HUBX generate?

    HUBX generates $641.5K in revenue.

  • Who is the CEO of HUBX

    The CEO of HUBX is Derek Wall.

  • How much funding does HUBX have?

    HUBX raised $7.3M.

  • How many employees does HUBX have?

    HUBX has 8 employees.

  • Where is HUBX headquarters?

    HUBX is headquartered at London, England, United Kingdom

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