About HUUB
HUUB is a company based in Maia (Portugal) founded in 2015 by Pedro Santos, Tiago Craveiro, Tiago Paiva, and Luis Roque was acquired by Maersk in September 2021.. HUUB has raised $4.59 million across 2 funding rounds from investors including Maersk, Maersk Growth and Pathena. HUUB operates in a competitive market with competitors including Parcellab, Bigblue, Clippers Logistics, Rangel and Innoship, among others.
- Headquarter Maia, Portugal
- Founders Pedro Santos, Tiago Craveiro, Tiago Paiva, Luis Roque
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Funding Insights of HUUB
HUUB has successfully raised a total of $4.59M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.68 million completed in May 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.7M
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First Round
First Round
(28 May 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Seed - HUUB | Valuation | Maersk Growth |
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| May, 2018 | Amount | Seed - HUUB | Valuation | Pathena |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HUUB
HUUB has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Maersk, Maersk Growth and Pathena. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC fund focused on early stage trade & logistics sectors
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Founded Year | Domain | Location | |
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Pathena is recognized as a venture capital firm focused on technology.
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Founded Year | Domain | Location | |
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Supply chain, logistics, and transportation services are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HUUB
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HUUB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Huub Comparisons
Competitors of HUUB
HUUB operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Parcellab, Bigblue, Clippers Logistics, Rangel and Innoship, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Connects online merchants with their customers
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| domain | founded_year | HQ Location |
Shipping solutions for online sellers are automated by Bigblue.
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| domain | founded_year | HQ Location |
End-to-end delivery services for the retail industry are provided.
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| domain | founded_year | HQ Location |
Fulfillment solutions are offered by Rangel for diverse industries.
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| domain | founded_year | HQ Location |
End-to-end logistic solutions are delivered, including order allocation and tracking.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about HUUB
When was HUUB founded?
HUUB was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is HUUB located?
HUUB is headquartered in Maia, Portugal. It is registered at Maia, Porto, Portugal.
Who is the current CEO of HUUB?
Luis Roque is the current CEO of HUUB. They have also founded this company.
Is HUUB a funded company?
HUUB is a funded company, having raised a total of $4.59M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.91M, raised on May 28, 2018.
What does HUUB do?
Founded in 2015 and based in Maia, Portugal, HUUB operates in the e-commerce logistics sector. Tech-enabled fulfillment solutions are provided through an omnichannel model, including the Spoke platform for integration with online marketplaces. Centralized order and delivery management are facilitated, alongside inventory handling, warehousing, pick-and-pack operations, distribution, and fulfillment. Analytics and decision-support insights are also accessible via the platform.
Who are the top competitors of HUUB?
HUUB's top competitors include Parcellab, Clippers Logistics and Bigblue.
Who are HUUB's investors?
HUUB has 3 investors. Key investors include Maersk, Maersk Growth, and Pathena.