HUB55
HUB55 is a Budapest-based co-working space provider founded in 2017 that offers shared physical workspace for individuals and small groups, operating at a sub-10-employee scale from a single location.
- Company typePrivate
- Founded2017
- HeadquartersBudapest, Hungary
- Headcount1–10
- GTM typeB2C
- OfferingServices
What HUB55 does
HUB55 is a Budapest-based for-profit company founded in 2017 that provides physical co-working space for individuals and groups. The company operates from a single location in Budapest, Hungary, and is structured as a private entity with a small team of 1-10 employees. Its core offering is the provision of shared workspace infrastructure, a service model that monetizes physical real estate through membership or rental arrangements to a distributed base of individual professionals, freelancers, and small groups seeking flexible office facilities.
The company's documented corporate footprint is minimal. A 2020 funding round involved Drukka Startup Studio, Intellitext, and Studio One as investors, with the amount undisclosed. Frederick Gulletta serves as Chairman of the Board of Directors. The company's website (hub55pass.hu) currently displays only a verification/loading page rather than active commercial content, which limits the ability to verify current operating status, pricing, membership tiers, or facility details. No product roadmap, technology stack, mobile application, API, partnership, or regulatory disclosures are recorded in the source data.
The business model is consistent with the asset-light, real-estate-dependent economics of independent co-working operators: revenue is generated through recurring desk and office rentals, with margins sensitive to occupancy rates, local commercial real estate costs, and member churn. The company has no documented expansion beyond its founding Budapest market, no enterprise customer references, no published pricing, and no subsequent funding rounds after 2020. The thinness of the source material itself is a primary analytical finding, indicating either dormant, micro-scale, or pre-launch status.
HUB55 firmographics
Firmographics- Name
- HUB55
- Website
- https://hub55pass.hu
- Company type
- Private
- Founded year
- 2017
- Headcount range
- 1–10 employees
- Short description
- HUB55 is a Budapest-based co-working space provider founded in 2017 that offers shared physical workspace for individuals and small groups, operating at a sub-10-employee scale from a single location.
- Ownership category
- akta.pro rank
HUB55 industry classification
Industry- Product category
- Coworking Spaces
- NAICS
- Facilities Support Services (561210)
- SIC
- Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)
- akta.pro secondary industry
- Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK)
Keywords
Where HUB55 is headquartered
LocationHeadquarters
- HQ city
- Budapest
- HQ country
- Hungary
- HQ region
- Europe
Markets served
HUB55 business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales
HUB55 product offering
Product offeringCore offering
HUB55 provides physical co-working space for individuals and groups in Budapest, Hungary. The company offers shared workspace facilities that individuals or teams can use as a flexible alternative to traditional office leases. Founded in 2017, HUB55 operates as a small, privately held workspace provider.
Differentiator
Problem solved
Functional benefit
Products and services
- Co-working Space
Companies that use HUB55
Customer profileIdeal customer profiles2 records
HUB55 technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
HUB55 partnerships and signals
Strategic signalRecent moves2 records
HUB55 competitors and assessment
Company assessmentDirect peers
- Industrious: Premium flexible-workspace operator with a focus on enterprise-grade offices and amenitized member experience. Directly comparable business model and customer base to HUB55's enterprise-tilted coworking offering.
- Mosaik: Budapest co-working and shared-office space catering to startups, SMEs, and remote workers. Directly comparable product, location, and customer segment to HUB55.
- Mindspace: Mindspace operates design-forward flexible offices in multiple European cities and is actively expanding in CEE. Directly comparable as a premium co-working/flex brand targeting similar SME and enterprise customers.
- Impact Hub: Global network of impact- and community-oriented co-working spaces with locations across Europe. Comparable as a community-driven co-working model serving entrepreneurs, freelancers, and small teams — the same segment HUB55 addresses.
- Kaptár: Budapest-based co-working and shared-office operator. Closest direct local peer, competing for the same freelance and SME demand in overlapping districts of Budapest.
- Loffice: Hungarian co-working and event-space operator with multiple Budapest locations. Direct local competitor with similar product (shared offices, event venues) and overlapping customer base of SMEs, startups, and freelancers.
Emerging players
- New Work SE: European operator of flexible and serviced office spaces. Comparable as a multi-country flex-office operator with overlapping customer base in the SME/enterprise segment.
Regional players
- KWorks (KPMG Hungarian premises): Budapest-based innovation and co-working hub tied to KPMG but open to external startups. Comparable as a Budapest-located flexible workspace targeting early-stage companies, though with a different institutional sponsor model.
Broad incumbents
- IWG / Spaces: IWG is the world's largest flexible-workspace operator (Regus, Spaces, HQ, Signature) and competes head-to-head with independent co-working spaces in Budapest and across CEE. Comparable as the dominant incumbent in HUB55's product category.
- WeWork: Global co-working brand with locations across Europe. While not currently active in Hungary, it is the category-defining peer and the most recognized benchmark for HUB55's product and pricing model.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat1 record
Key risks6 records
Key highlights4 records
Customer concentration
HUB55 social profiles
Digital presenceHUB55 financial estimates
Financial estimateRevenue estimate
Valuation estimate
HUB55 leadership team
Management profileNumber of profiles
Profiles1 record
HUB55 funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HUB55 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HUB55
What does HUB55 do?
HUB55 provides physical co-working space for individuals and groups in Budapest, Hungary. The company offers shared workspace facilities that individuals or teams can use as a flexible alternative to traditional office leases. Founded in 2017, HUB55 operates as a small, privately held workspace provider.
When was HUB55 founded?
HUB55 was founded in 2017. It employs 1 to 10 people.
Where is HUB55 based?
HUB55 is headquartered in Budapest, Hungary, in the Europe region.
Who are HUB55's main competitors?
Direct peers on record are Industrious, Mosaik, Mindspace, Impact Hub, Kaptár and Loffice. New Work SE is listed as an emerging player. KWorks (KPMG Hungarian premises) is listed as a regional player. Broad incumbents are IWG / Spaces and WeWork.
Does HUB55 have an API?
No public API is recorded for HUB55.
What industry is HUB55 in?
HUB55's product category is Coworking Spaces. Its primary akta.pro industry code is BPABAFAH, Hybrid Work Enablement & Desk/Room Booking Operations, with a secondary code of IMAIALAK, Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison). Its NAICS code is 561210 and its SIC code is 7340.