HUBBED
145a Beattie St, Balmain, New South Wales, 2041, Australia
Overview
HUBBED is a last-mile delivery startup operating designated collection points across 2,150 locations nationally, including 7-Eleven stores, BP service stations, National Storage and independent retailers. The company has built proprietary technology that integrates into retailers, online marketplaces, and carriers’ systems to alleviate B2C last-mile delivery pain points through its PUDO network. Delivery companies such as Couriers Please, DHL, eBay, FedEx, Sendle, TOLL, TNT and UPS use HUBBED as a last-mile solution. The business received a $12 million capital injection from the Australian Business Growth Fund and the big banks, which together took a 30% stake. That funding will expand HUBBED’s collection outlets to more than 3,000 nationally. Founder and CEO David McLean said the ABGF partnership will allow the company to scale significantly and that ABGF’s expertise and network will elevate its business strategy.
- Total raised
- $12M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Jun 2022
Industries
- Consumer
- E-Commerce
- Product Management
- Sales
Recent funding
Equity
Jun 2022
$12M