CUBE
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CUBE - overview
Established
2011
Location
London, -, UK
Primary Industry
Financial Services
About
CUBE Global, based in the UK, is a RegTech company that specializes in Automated Regulatory Intelligence solutions, aimed at enhancing compliance processes for financial services organizations. Founded in 2011 in London, UK, CUBE Global provides innovative regulatory technology solutions designed to assist financial institutions with compliance. The firm is led by CEO Ben Richmond, who has a background in the regulatory landscape. CUBE has undergone strategic developments to enhance its product offerings and has completed 2 deals to date.
In March 2024, the company was acquired by Hg for GBP 9. 7 million from Bregal Milestone, marking a significant change in ownership. CUBE specializes in Automated Regulatory Intelligence solutions, particularly through its CUBE RegPlatform, which integrates regulatory technology and content to simplify compliance for clients. The platform caters to around 1,000 clients across sectors like banking, insurance, and asset management, addressing various regulatory requirements including GDPR and MiFID.
Their services are designed to assist mid-market enterprises with personalized compliance management, offering access to global experts and tailored alerts for regulatory changes, with a presence in Europe, North America, and the Asia-Pacific region. In the most recent year of 2024, CUBE generated revenue of GBP 7,605,500. 60. Their revenue model is based on subscription services, allowing clients continuous access to the CUBE RegPlatform and associated compliance tools.
Clients participate through annual or multi-year subscriptions, emphasizing a B2B focus on large enterprises that require detailed compliance solutions. The company reported an EBITDA of GBP -11,674,697. 80 for the same year. Following the acquisition by Hg in March 2024, CUBE Global plans to leverage this investment to enhance its regulatory intelligence solutions further.
The company aims to expand its product offerings and enter new markets, although specific release dates and targeted regions have not been detailed. This funding will support the development of advanced regulatory tools and strengthen the firm's market presence.
Current Investors
Bregal Milestone
Primary Industry
Financial Services
Sub Industries
Financial Services, Accounting/Finance Software, Analytics & Performance Software, Application Integration Software, Legal Software
Website
www.cube.global
Verticals
Cloud Computing, FinTech, RegTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
CUBE - timeline of key events
CUBE - financials
| Fiscal Year Ended | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 1,592,624 | 2,712,904 | - | - | - |
| % Revenue Growth (YoY) | - | 70.3% | - | - | - |
| EBITDA (USD) | (4,808,127) | (4,739,488) | - | - | - |
| Operating Income (USD) | (4,808,211) | (4,770,472) | - | - | - |
| Operating Margin | (301.9%) | (175.8%) | - | - | - |
| % EBITDA Margin | (301.9%) | (174.7%) | - | - | - |
| NET Income (USD) | (3,349,716) | (3,249,155) | - | - | - |
| % Net Margin | (210.3%) | (119.8%) | - | - | - |
CUBE - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | 4CRisk.ai, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Acin Ltd. | - | ||||||||
| Add-on, Corporate Carve Out | Completed | Thomson Reuters Regulatory Intelligence and Oden products and businesses | - | ||||||||
| Add-on | Completed | Reg-Room, LLC | - | ||||||||
| Secondary Buyout | Completed | CUBE | - |
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CUBE - employee data
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