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Corporation
INTERNET | Internet Software & Services / Asset & Financial Management & Trading
hub24.com.au

Investments

1

Portfolio Exits

1

Partners & Customers

4

About Hub24

HUB24 (ASX: HUB) provides asset and fund management services. It offers managed portfolios, managed funds, listed securities, term deposits, administration, investments, super, account-based pensions, transition to retirement pensions, smsfs, group and retail insurance, direct market trading, online account access, and fintech. The company was founded in 2007 and is based in Sydney, Australia.

Headquarters Location

123 Eagle Street Macquarie Place

Sydney, New South Wales, 2000,

Australia

1300-854-994

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Latest Hub24 News

HUB: HUB24 Easton Offer Completion -February 23, 2021 at 02:46 am EST

Sep 22, 2023

February 23, 2021 at 02:46 am EST Share Notice of Completion ofHUB24'sProportional Takeover Offer for Easton HUB24 Limited ("HUB24") refers to its proportional cash takeover offer for 1 out of every 3 shares in Easton InvestmentsLimited ("Easton")("Offer"), which closed at 7.00pm (Sydney time) on 22 February 2021. HUB24 is pleased to announce that it now holds a relevant interest in 31.51% of all Easton shares on issue. The outcome represents an acceptance level of 75%, reflecting the strong support of Easton shareholders for the Offer. HUB24's Managing Director, Andrew Alcock, said: "We are pleased with the endorsement from the Easton shareholders of the Offer. HUB24 is committed to supporting the financial advice community in the transformation of advice and we look forward to working with the team at Easton and licensees across the industry to develop solutions that support the cost effective delivery and accessibility of advice to moreAustralians." Further Information About HUB24 Limited HUB24 Limited is a company listed on the Australian Securities Exchange. The Group consists of the award-winning HUB24 Platform and HUBconnect business. The HUB24 platform offers a comprehensive range of investment options, including the market-leading managed portfolio solution, and enhanced transaction and reporting functionality. As one of the fastest growing platforms in the market, the platform is recognised for providing choice and innovative product solutions that create value for advisers and their clients. HUBconnect focuses on leveraging data and technology to provide solutions to common challenges for licensees and advisers, to enable the delivery of professional advice to more Australians. This announcement was authorised for release to the market by the Managing Director of HUB24 Limited. Ends Level 2, 7 Macquarie Place, Sydney, NSW 2000 Australia Eadmin@HUB24.com.auT 1300 854 991 F 1300 781 689 A GPO Box 529, Sydney, NSW 2001 HUB24.COM.AU

Hub24 Investments

1 Investments

Hub24 has made 1 investments. Their latest investment was in Diverger as part of their Corporate Minority - P2P on February 2, 2021.

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Hub24 Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/23/2021

Corporate Minority - P2P

Diverger

Yes

2

Date

2/23/2021

Round

Corporate Minority - P2P

Company

Diverger

Amount

New?

Yes

Co-Investors

Sources

2

Hub24 Portfolio Exits

1 Portfolio Exit

Hub24 has 1 portfolio exit. Their latest portfolio exit was Diverger on September 22, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/22/2023

Acq - Pending

$99M

2

Date

9/22/2023

Exit

Acq - Pending

Companies

Valuation

$99M

Acquirer

Sources

2

Hub24 Acquisitions

4 Acquisitions

Hub24 acquired 4 companies. Their latest acquisition was myprosperity on May 03, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/3/2023

Seed / Angel

$99M

$1.9M

Acquired

4

1/31/2022

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$99M

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10

3/2/2020

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$99M

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10

12/21/2016

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$99M

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10

Date

5/3/2023

1/31/2022

3/2/2020

12/21/2016

Investment Stage

Seed / Angel

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

$1.9M

Note

Acquired

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Sources

4

10

10

10

Hub24 Partners & Customers

4 Partners and customers

Hub24 has 4 strategic partners and customers. Hub24 recently partnered with Clearview AI on March 3, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

3/18/2020

Client

United States

ClearView cuts key platform deal with HUB24

Platform provider HUB24 has won a key mandate , being selected by ClearView as its strategic wrap platform provider .

1

8/27/2018

Partner

Australia

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10

5/9/2016

Vendor

Sweden

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10

6/24/2013

Partner

United States

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10

Date

3/18/2020

8/27/2018

5/9/2016

6/24/2013

Type

Client

Partner

Vendor

Partner

Business Partner

Country

United States

Australia

Sweden

United States

News Snippet

ClearView cuts key platform deal with HUB24

Platform provider HUB24 has won a key mandate , being selected by ClearView as its strategic wrap platform provider .

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Sources

1

10

10

10

Hub24 Team

2 Team Members

Hub24 has 2 team members, including , .

Name

Work History

Title

Status

Darren Pettiona

Founder

Current

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Name

Darren Pettiona

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Work History

Title

Founder

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Status

Current

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