These past two weeks have been an exciting one for equity crowdfunding. As we look to wrap up 2023, we just wanted to wish everyone Happy Holidays.

Hubtas Year-In-Review

It’s been a busy year for Hubtas! Our Co-Founders first started ideating Hubtas in February and launched the Beta version in May. Since then, we’ve grown our team and built one of the most comprehensive data and analytics platforms on the market. Here’s how our year has been and all the progress we have made so far:

• July: Launched Hubtas, the most comprehensive, Wall Street-level data and analytics tool in the equity crowdfunding market

• October: Caleb Naysmith joined Hubtas as our CMO & Co-Founder

• October: Hubtas got it’s first paying customers!

• November: Launched Hubtas Media, our data-driven news and education site

• November: Parker Costin, Former VP of Marketing at StartEngine, joined Hubtas as a Strategic Advisor

• December: Launched HubtasGPT, the only chatbot of its kind trained on Hubtas data, letting you ‘talk’ with our data and generate comprehensive research reports

2024 is looking brighter than ever. If this is what we’ve accomplished in less than 1 year, just wait till you see what 2024 has in store. If you haven’t joined us yet, you can make an account here to get Premium Features free for 7 days!

We are thankful for all our users and supporters, we wouldn’t have made it this far without you!

Last Week's News

Wefunder launched Wefunder VIP last week! It’s similar to StartEngine’s Owner’s Bonus, with a few cool twists and additional perks. Read all about it here:

One of the biggest revelations is the rumored Stripe and SpaceX launches on StartEngine Private. Their pages show a $30 million investing goal for SpaceX and a $20 million goal for Stripe. This could be a huge opportunity for StartEngine, so we will see how they execute.

Now that StartEngine has concluded its $25 million raise, Howard Marks has confirmed they plan on going on Secondary by the end of December. With that, we wrote a comprehensive guide on how to signup for, and use, StartEngine Secondary, StartEngine Marketplace and other ways investors can get liquidity. Read all about it here:

Quant Score Deep Dive

A new week and a new deep dive on a top-rated Hubtas company. This week, we’re reviewing an interesting company: Queenly.

The company hasn’t publicly launched yet on Wefunder, but with Hubtas, you get early access and notifications to top deals. This means you can learn about such top rated companies before they max out.

It looks like Hubtas, YCombinator, and A16Z have similar tastes because Queenly secured the #7 spot in equity crowdfunding based on Hubtas Objective Quant Scores. But the startup is also backed by some of the top names in the world for startup investing, including:

• Y Combinator

• A16Z

• Rebel Fund

• Carmelo Anthony

• The House Fund

• Interlace Ventures

Queenly is a pretty simple concept: it’s a marketplace to buy and sell formalwear. Basically everyone on the planet has bought an expensive outfit for a prom, wedding, graduation or other event only to have that outfit rot in their closet. Queenly specializes in solving this problem and already has substantial traction.

They have 1M+ users on the platform, a leader in their space, and growing organically incredibly fast. According to the latest data by Hubtas, they are sitting at 123% revenue growth and $2.7 million in cash. They have a perfect risk score with no related party transactions, lawsuits, customer concentration risks, and a host of other promising aspects about the company.

One concerning trend is their cash burn. They are burning $267k per month, putting them at just under a years worth of runway. They have a low asset utilization ratio, but plenty of cash per employee meaning it’s unlikely they will go bankrupt in the near future.

There are definitely pros and cons to this company. For those looking to learn more, check out their Hubtas page here.

Want to see the quant score of other companies? Create a FREE Hubtas Account.

Beyond The Form C

If you missed it, in our latest Beyond the Form C interview, we talked with Kiki Mincey and Corey Staples of Switch. Check out the full interview here:

Your friends, family, colleagues can all benefit from having their own personal investment analyst! Whether they are a first-time investor or a seasoned investor, we have the tools for all.