Workscope (Formerly Hub 85)

Workscope (Formerly Hub 85)

Autonomous governance, risk management and workflow analytics for organisations that use spreadsheets. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€528—792k (Dealroom.co estimates Oct 2019.)
Company register number 10731494
London England (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
GBP20192020
Revenues<1m<1m
% growth-(54 %)
EBITDA<1m(<1m)
% EBITDA margin26 %(21 %)
Profit<1m<1m
% profit margin31 %12 %
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DateInvestorsAmountRound

£110k

Seed
*

N/A

Seed
*

N/A

Seed
Total Funding€132k

Recent News about Workscope (Formerly Hub 85)

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Hub85, operating under the brand name Workscope, is a fintech company specializing in advanced analytics for end user computing (EUC) applications. The company provides a platform that helps businesses manage and uncover value across their end user developed applications and operational processes. Workscope's proprietary analytics deliver unparalleled EUC analysis, enabling a comprehensive view of the inventory through any lens. The platform is designed to work with spreadsheets of any size, making it versatile for various business needs.

Hub85 primarily serves financial institutions and large enterprises that rely heavily on EUC applications like spreadsheets, MATLAB, Python, PowerPoint, Word, and Microsoft Access. The company operates in the financial technology market, focusing on risk mitigation and operational efficiency.

The business model revolves around offering a subscription-based service for its analytics platform, generating revenue through recurring fees. This model ensures a steady income stream while providing continuous value to clients through regular updates and support.

Hub85 has received accolades for its innovative approach, including being selected by ING Lab Brussels in 2020 for a proof of concept and being listed as one of the most influential fintech companies driving UK innovation and growth.

Keywords: EUC analytics, risk mitigation, operational efficiency, fintech, financial institutions, large enterprises, proprietary analytics, subscription-based, innovation, UK growth.