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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. The company has 586 active competitors, including 14 funded and 8 that have exited. Its top competitors include companies like ByteDance, Bending Spoons and Kakao.

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
X
Email ID
*****@hubx.co
Key Metrics
Founded Year
2022
Location
Izmir, Turkey
Stage
Series C
Total Funding
$50M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
389 as on Jul 31, 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 Profile
The founders of HubX are Kaan Ortabas and Cem Ortabas.
Here are the details of HubX's key team members:

HubX's employee count trend

HubX has 389 employees as of Jul 26. Here is HubX's employee count trend over the years:
Employee count trend for HubX
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HubX's Competitors and alternates

Top competitors of HubX include ByteDance, Bending Spoons and Kakao. Here is the list of Top 10 competitors of HubX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ByteDance
ByteDance
2012, Beijing (China), Series E
Developer of platforms for content creation, discovery, and mobile entertainment
$6.11B
75/100
2nd
Logo for Bending Spoons
Bending Spoons
2013, Milan (Italy), Public
Developer of mobile applications and AI-powered technologies
$840M
75/100
3rd
Logo for Kakao
Kakao
2010, Jeju-si (South Korea), Public
Online platform offering multi-category messaging and advertising applications
-
72/100
4th
Logo for NewBornTown
NewBornTown
2009, Beijing (China), Public
Mobile app studio developing personalization apps
$2M
71/100
5th
Logo for OnMobile
OnMobile
2000, Bengaluru (India), Public
Mobile content services in APAC
$46.3M
63/100
6th
Logo for AIBY Tech
AIBY Tech
2019, Miami (United States), Unfunded
A company that builds and develops tech businesses specializing in mobile-first products utilizing AI technology
-
-
58/100
7th
Logo for Lokal
Lokal
2018, Bengaluru (India), Series B
Operator of digital platforms providing information and professional service access
$31.8M
57/100
8th
Logo for Prime Trace
Prime Trace
2020, Bengaluru (India), Series A
Developer of applications focused on community, tarot, camera, status, and dating
$30M
56/100
9th
Logo for A1 Apps
A1 Apps
2019, Gurugram (India), Unfunded
Provider of a mobile application development company offering apps for various categories
-
-
53/100
10th
Logo for Digitalchemy
Digitalchemy
2010, Redmond (United States), Unfunded
Provider of multi-category mobile applications
-
-
51/100
28th
Logo for HubX
HubX
2022, Izmir (Turkey), Series C
Developer of mobile applications and provider of data analytics software
$50M
44/100
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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:

FAQs about HubX

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