HubX
About HubX
HubX is a AI Vertical Platforms startup based in Izmir, Turkey that has raised $75M in venture capital across 1 funding round since 2022. The company reached Series A stage in August 2026 with a $75M round led by Point72 Private Investments at a $1.3B valuation. HubX's investor base includes 1 institutional fund, with Point72 Private Investments leading the most recent equity round.
HubX is an Izmir-based AI-native consumer technology company that builds, scales, and acquires mobile and web applications. Founded in 2022 by brothers Cem Ortabaş and Kaan Ortabaş, the company operates as an operating engine for consumer technology — combining capabilities in artificial intelligence, data science, engineering, monetization, user acquisition, and global growth across a portfolio of more than 40 consumer products. The company bootstrapped from inception to profitability without any external capital, growing its app portfolio to reach over 600 million cumulative downloads across 190 countries — making it one of the most capital-efficient consumer app platforms to achieve unicorn status. HubX's proprietary technology stack, including its in-house revenue optimization tool RevenueX, enables the company to build and scale products at speed. In August 2026, HubX closed its first-ever external funding round — a Series A of up to $75 million led by Point72 Private Investments at a $1.275 billion pre-money valuation — making it Turkey's eighth unicorn and the country's first AI-native consumer applications unicorn. The company plans to deploy the capital toward an acquisition strategy: partnering with and acquiring consumer product teams globally while continuing to develop new AI-driven applications internally. With over 370 employees and offices in Izmir and Istanbul, HubX is one of the fastest-growing consumer technology platforms to emerge from Turkey's expanding startup ecosystem.
HubX Funding Rounds Timeline
1 rounds · $75M raised · since 2022
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series A | August 2026 | $75M | $1.3B | Point72 Private Investments | — |
Investors in HubX
1 institutional investors across 1 rounds
Lead investors
Recent news about HubX
- startup_fundraisingHubX Raises $50 Million From Point72 At $1.2 Billion Pre-Money Valuation With Option For Another $25 Million
Questions about HubX
How much has HubX raised?
HubX has raised $75M across 1 funding round since 2022.
Who are the investors of HubX?
HubX's investors include Point72 Private Investments.
When was HubX's last funding round?
HubX's most recent round was a $75M Series A in August 2026, led by Point72 Private Investments.
What is HubX's valuation?
HubX reached a $1.3B valuation (unicorn status) with its Series A round in August 2026.
Where is HubX headquartered?
HubX is headquartered in Izmir, Turkey, and was founded in 2022 by Cem Ortabaş, Kaan Ortabaş.