# Hubb Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hubb-technology

- Industry: Software
- Headquarters: London, UK
- Website: www.digitalfineprint.com
- Total disclosed funding: $4.1M
- Latest round: Series A (Aug 16, 2019)
- Investors on record: 3

## About

Hubb Technology Limited focuses on providing innovative digital solutions for the insurance industry, utilizing advanced data analytics tools to enhance risk assessment and streamline underwriting processes for insurers.Founded in 2016, Hubb Technology Limited operates from London, UK, and specializes in delivering digital solutions specifically designed for the insurance sector. The company has completed a total of 6 deals, with the most recent deal occurring on December 6, 2021, when Hubb 2 Limited acquired Digital Fineprint Ltd. The details of this transaction were not disclosed but aim to bolster Hubb 2 Limited’s position in the insurance market. The founders include Ed Halsey and John Costello, with Douglas Franklin serving as CEO. The company has raised a total of GBP 0.00 mn, with the latest funding round being led by 1818 Venture Capital.Hubb Technology Limited specializes in developing innovative digital solutions tailored for the insurance sector. Their core offerings include advanced data analytics tools that utilize social media and other digital footprints to optimize risk assessment and underwriting processes. By enabling insurers to gather and analyze data from diverse online sources, the company addresses significant challenges in accurately pricing policies and managing risk. Their products are specifically designed for markets in North America, Europe, and parts of Asia, catering to a wide range of clients from large multinational insurers to smaller specialized firms.Hubb Technology Limited generates revenue through a subscription-based model, offering their data analytics solutions to insurance companies on a tiered pricing structure. Clients typically enter into annual contracts that provide access to the platform, with options for additional features or services based on their specific needs. The company's flagship analytics tools are designed to integrate seamlessly into existing underwriting workflows, allowing insurers to improve decision-making and operational performance. Transactions are structured primarily as B2B partnerships, where insurers pay for services based on the volume of data processed or the number of users accessing the system, fostering long-term client relationships through ongoing enhancements and updates.Following the acquisition by Hubb 2 Limited in December 2021, the company is focusing on expanding its product offerings and enhancing its presence in the insurance market. Future initiatives include launching new data analytics tools designed to further optimize underwriting processes, although specific release dates have not been disclosed. The company is also looking to expand into additional geographic markets within Asia and Europe by the end of 2023. Recent funding will support these initiatives, enhancing their capabilities to meet evolving client needs in the insurance sector.

## Funding rounds

- Series A, Aug 16, 2019, $3.6M — Pentech Ventures, Eos Ventures
- Seed, Oct 21, 2016, $0.5M — Eos Ventures, 1818 Venture Capital

## Investors

- Eos Ventures (https://capitalatlas.ai/funds/eos-ventures) — Seed, Series A
- 1818 Venture Capital (https://capitalatlas.ai/funds/1818-venture-capital) — Seed
- Pentech Ventures (https://capitalatlas.ai/funds/pentech-ventures) — Series A