Downing and Starwood in £4m round for Hubble

Leading the round was JLL Spark – the venture fund of real estate investment firm Jones Lang LaSalle – with the directors of M7 Real Estate also taking part.

The fresh capital will enable the company to invest in product development, with a particular focus on attracting companies with headcounts of 50 and above.

The latest round brings the total amount raised by Hubble to £6.4m.

Previous funding
Hubble first received venture backing in 2014, when Seedcamp, Spire Ventures and other investors took part in a £500,000 seed capital round for the business.

Firestartr then led a £1.2m round for the company in 2017, with Starwood, 500 Startups and Maxfield Capital taking part.

Company
Founded in 2013, London-headquartered Hubble is an online platform for sourcing and letting flexible office space. The business has 5,000 live listings, according to a statement, and has clients including freelancers, SMEs and large businesses. The company currently focuses on renting property in London and Manchester.

People
Downing Ventures – Michael Tefula (associate).
Hubble – Tushar Agarwal (CEO, co-founder); Tom Watson (chief technology officer, co-founder).

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