HubX - About the company
HubX is a series C company based in Izmir (Turkey), founded in 2022 by Kaan Ortabas and Cem Ortabas. It operates as a Developer of mobile applications and provider of data analytics software. HubX has raised $50M in funding from Point72, with a current valuation of $1.2B. The company has 595 active competitors, including 15 funded and 8 that have exited. Its top competitors include companies like ByteDance, Kakao and NewBornTown.
Sectors and market segments that HubX operate in
HubX serves in the Mobile market segments.The primary business model of HubX is:Company Details
Developer of mobile applications and provider of data analytics software. Operations include the design, construction, and scaling of mobile software products. The business maintains a central hub that coordinates autonomous studios focused on specific application categories. Additional activities include the provision of investment capital for startups and the marketing of software products to facilitate growth. Proprietary technology is utilized for revenue tracking and performance optimization across the application portfolio.
- Website
- hubx.co
- Social
- Email ID
- *****@hubx.co
Key Metrics
Founded Year
2022
Location
Izmir, Turkey
Stage
Series C
Total Funding
$50M in 1 round
Latest Funding Round
Post Money Valuation
$1.2B as on Sep 03, 2026
Investors
Ranked
11th among 595 active competitors
Employee Count
396 as on Sep 30, 2026
Investment & Acquisitions
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HubX's funding and investors
HubX has raised a total funding of $50M over 1 round. Its latest funding round was a Series C round on Aug 28, 2026 for $50M. 1 investor participated in its latest round. HubX has 1 institutional investor.
Here is the list of recent funding rounds of HubX:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 28, 2026 | $50M | Series C | - | - | - |
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HubX's founders and board of directors
Founder? Claim ProfileThe founders of HubX are Kaan Ortabas and Cem Ortabas.
Here are the details of HubX's key team members:
- Kaan Ortabas: Co-Founder of HubX. Contact Info: 1 email address
- Cem Ortabas: Co-Founder of HubX. Contact Info: 1 email address
View details of HubX's Founder profiles and Board Members
HubX's employee count trend
HubX has 396 employees as of Sep 26. Here is HubX's employee count trend over the years:
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HubX's Competitors and alternates
Top competitors of HubX include ByteDance, Kakao and NewBornTown. Here is the list of Top 10 competitors of HubX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of platforms for content creation, discovery, and mobile entertainment | $6.11B | 77/100 | ||
2nd | _1584611618800.png?devicePixelRatio=2&height=30&width=30){kind=logo} Kakao 2010, Jeju-si (South Korea), Public | Online platform offering multi-category messaging and advertising applications | - | 74/100 | |
3rd |  NewBornTown 2009, Beijing (China), Public | Mobile app studio developing personalization apps | $2M | 72/100 | |
4th |  AppsForBharat 2020, Bengaluru (India), Series C | Developer of a digital platform providing devotional and spiritual services | $53.4M | 71/100 | |
5th | Bending Spoons 2013, Milan (Italy), Public | Developer of digital products and software solutions | $538M | 71/100 | |
6th |  Prime Trace 2020, Bengaluru (India), Series A | Developer of AI‑driven consumer mobile applications focused on community engagement, content creation, and social networking | $30M | 65/100 | |
7th | Mobile content services in APAC | $46.3M | 63/100 | ||
8th |  AIBY Tech 2019, Miami (United States), Unfunded | A company that builds and develops tech businesses specializing in mobile-first products utilizing AI technology | - | - | 60/100 |
9th | Operator of digital platforms providing information and professional service access | $31.8M | 59/100 | ||
10th | Provider of a mobile application development company offering apps for various categories | - | - | 57/100 | |
11th | Developer of mobile applications and provider of data analytics software | $50M | 54/100 |
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HubX's Investments and acquisitions
HubX has a total of 1 investment in Veloxia. HubX has not made any acquisitions as of now.Reports related to HubX
Here is the latest report on HubX's sector:
News related to HubX
Media has covered HubX for 1 event in last 1 year.
•
HubX Secures $50M Funding at $1.2B Valuation to Boost AI and AcquisitionsThe SaaS News•Sep 03, 2026•Point72, HubX
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FAQs about HubX
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