Hubble Network Funding, Investors & Competitors

Hubble Network has raised $121M across 4 funding rounds, most recently a $30M undisclosed-stage round in August 2026.

Last Hubble Network funding round

$30M

Undisclosed stage · Aug 2026

Cumulative funding Hubble Network raised

$121M

across 4 funding rounds

Key investors in Hubble Network

  • Y Combinator
  • Pioneer Fund
  • Transpose Platform Management
  • Carthona Capital
  • Seraphim Space IT
  • Seven Peaks Ventures
  • Infinite Capital
  • Yes VC

Hubble Network Overview

About Hubble Network

Hubble Network is a cellular IoT platform using standard Bluetooth chips for global device connectivity and tracking. It operates a terrestrial network covering urban, indoor, and transit areas through partnerships with millions of smartphones as access points. Boston-based and founded in 2021, it extends to satellite coverage for remote logistics, cold chain, and equipment monitoring with AES-256 encryption and SDKs for AWS and Azure.


Founded

2021

HQ

United StatesLas Vegas, NV

Website

hubble.com

Status

Privately held

Customer focus

B2B

Revenue model

Usage-based

Hubble Network Funding History

Hubble Network has raised a total of $121M across 4 funding rounds.

Hubble Network's first fundraising round was a $500K seed round in May 2022. The most recent completed round was a $30M undisclosed-stage round in August 2026.

Hubble Network funding rounds

Hubble Network funding rounds
DateStageInvestorsRaisedDeal Summary
Aug 2026Undisclosed stageSeraphim Space IT (lead)$30MSeraphim Space Investment Trust invested $30 million in Hubble Network on August 18, 2026 as a follow-on deployment from its £137 million C share issue. The transaction was described as the first new portfolio-company addition funded by those proceeds, and Seraphim noted that Hubble was already an existing portfolio company of Seraphim Space Venture Fund II. The investment added to Hubble’s prior fundraising momentum and supported the company’s push to build a satellite-powered Bluetooth network for IoT connectivity. Seraphim said the Hubble investment brought total deployment from the C-share proceeds above £40 million, crossing the threshold for partial conversion of the C shares into ordinary shares. Hubble had previously raised more than $100 million in total funding, including a $70 million Series B led by Swagar Capital in September 2025, with backers including Y Combinator, Ryan Swagar, Tom Gonser, and Mike Farley. Hubble Network develops space-based Bluetooth connectivity and had already reached operational traction with 7 satellites in orbit at the time of the Series B announcement. The company’s stated objective is to expand enterprise IoT connectivity through a global satellite network.
Sep 2025Series BRyan Swagar (lead); Marc Weiser; Y Combinator; Seven Peaks Ventures; Tuff Yen; Mike Farley; Infinite Capital$70MHubble Network is a Seattle-based startup founded in 2021 that builds a satellite-powered Bluetooth network enabling low-power, global IoT connectivity for billions of devices without specialized hardware, using Bluetooth Low Energy (BLE) signals detected by phased-array antennas on its satellites. The company has launched seven operational satellites as of 2025 and plans to expand to 60 by 2028, partnering with Muon Space for larger spacecraft and estimating full constellation costs at about $100M to build, launch, and operate. On September 17, 2025, Hubble Network raised $70M in a Series B funding round led by Ryan Swagar of Swagar Capital, bringing total funding to $100M. Participants included Infinite Capital (via Transpose Platform), Marc Weiser (RPM Ventures), Mike Farley (Tile co-founder), Tom Gonser (DocuSign co-founder), Tuff Yen (Seraph Group), Y Combinator, Life360/Tile (exclusive partnership reaching 90M+ smartphones), and others. This builds on prior $30M in investments, with funds allocated to expand the satellite constellation for global coverage, scale the developer ecosystem via SDK integration, and drive enterprise deployments in logistics, infrastructure, defense, and consumer IoT. Hubble has achieved key milestones including the first Bluetooth connection to space, partnerships with Life360/Tile and Muon Space, and over ten pilot customers each connecting millions of devices. The round underscores market confidence in its technology, with investors highlighting its unique architecture, technical execution, and demand for affordable, ubiquitous connectivity to reshape global IoT.
May 2023Series ATranspose Platform Management (lead)$20MHubble Network is building a global satellite constellation designed to connect billions of Bluetooth-enabled devices without requiring cell towers, gateways, or custom hardware. The company was founded in October 2021 by Alex Haro, Brett Phalen, and aerospace engineer John Kim, and joined Y Combinator's Winter 2022 cohort. The company's core technology enables any off-the-shelf Bluetooth low-energy (BLE) device to communicate directly with satellites, unlocking use cases across consumer safety, supply chain tracking, infrastructure monitoring, agriculture, and oil and gas applications. In May 2023, Hubble Network closed a $20 million Series A funding round led by Transpose Platform, with participation from 11.2 Capital, Y Combinator, Yes.VC, Convective Capital, Seraphim Space, Type One Ventures, Soma, AVCF5, Space.VC, and notable angels including Jett McCandless, John Kim (CEO of Sendbird), and Chris Nguyen (cofounder of LogDNA/Mezmo). The company planned to launch its first batch of four satellites on SpaceX's Transporter-10 mission in January 2024, with the goal of activating pilot customers across various industries. As of 2025, the company announced a Series B raise of $70 million (bringing total funding to $100 million since founding), planned expansion to seven operational satellites, and an exclusive partnership with Life360/Tile to connect into one of the largest Bluetooth networks globally with 90M+ smartphones.
May 2022SeedMatilde Giglio; Carthona Capital; Y Combinator; Yes VC; Space.VC; Pioneer Fund$500K-

Who has invested in Hubble Network?

14 investors have backed Hubble Network across its funding rounds, including Y Combinator, Pioneer Fund, Transpose Platform Management, Carthona Capital, Seraphim Space IT and Seven Peaks Ventures.

Lead investors include Seraphim Space IT, Ryan Swagar and Transpose Platform Management.


Hubble Network Investors

Investors in Hubble Network by funding rounds participated
InvestorHQRoundsRoleFirst check
Y CombinatorUnited StatesSan Francisco, CA2ParticipantMay 2022
Matilde GiglioIndiaIndia1ParticipantMay 2022
Carthona CapitalAustraliaSydney1ParticipantMay 2022
Marc WeiserUnited StatesUnited States1ParticipantSep 2025
Yes VCUnited StatesUnited States1ParticipantMay 2022
Seraphim Space ITUnited KingdomLondon1LeadAug 2026
Seven Peaks VenturesUnited StatesSan Francisco, CA1ParticipantSep 2025
Space.VCUnited StatesAustin, TX1ParticipantMay 2022
Tuff YenUnited StatesSan Francisco, CA1ParticipantSep 2025
Ryan SwagarUnited StatesSan Diego, CA1LeadSep 2025
Mike FarleyUnited StatesSan Francisco, CA1ParticipantSep 2025
Infinite CapitalUnited StatesWest Palm Beach, FL1ParticipantSep 2025

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Hubble Network Competitors

Hubble Network competitors include listed companies like Johnson Controls and Samsara, and private ones like Tive, Nexite, Verkada and ZaiNar.

Public and private companies comparable to Hubble Network
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
TiveUnited StatesBoston, MAPrivate$25M-$500M-
NexiteIsraelTel AvivPrivate--$320M-
VerkadaUnited StatesSan Francisco, CAPrivate--$5.8B-
ZaiNarUnited StatesSan Francisco, CAPrivate--$1B-
Johnson ControlsUnited StatesUnited StatesPublicly listed$24B$3B$85B3.7x
SamsaraUnited StatesUnited StatesPublicly listed$1.6B($29M)$23B12.0x

Hubble Network Public Comps

Hubble Network is still privately-owned, but its public comps include Amphenol, Foxconn Industrial Internet, Hitachi, Keyence, Johnson Controls, Lumentum, Honeywell, TE Connectivity, AMETEK and Hikvision.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Amphenol$23B$6.9B9.0x6.5x30.0x19.8x
Foxconn Industrial Internet$135B$7.7B1.4x0.9x23.8x16.6x
Hitachi$68B$11B2.2x2.2x13.8x13.5x
Keyence$7.5B$4.1B14.5x13.2x26.6x24.5x
Johnson Controls$24B$3B4.0x3.7x31.0x20.0x
Lumentum$3B($6.9B)26.2x21.3x(11.4x)56.6x
Honeywell$37B$7.8B2.4x3.6x11.6x16.1x
TE Connectivity$17B$4B3.7x3.3x15.9x12.2x

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Common questions about Hubble Network

When was Hubble Network founded?Hubble Network was founded in 2021.
Where is Hubble Network headquartered?Hubble Network is headquartered in Las Vegas, NV, United States.
Is Hubble Network publicly listed?No, Hubble Network is a private, VC-backed company.
How much funding has Hubble Network raised?Hubble Network has raised $121M across 4 funding rounds.
What was Hubble Network's last funding round?Hubble Network's last funding round was a $30M undisclosed-stage round in August 2026, led by Seraphim Space IT.
Who are Hubble Network's investors?Hubble Network's investors include Y Combinator, Matilde Giglio, Carthona Capital, Marc Weiser, Yes VC, Seraphim Space IT, Seven Peaks Ventures, Space.VC, Tuff Yen, Ryan Swagar and 4 others.
Which companies are comparable to Hubble Network?Companies comparable to Hubble Network include Tive, Nexite, Verkada, ZaiNar, Johnson Controls and Samsara.

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