About 2XU
2XU is a company based in Melbourne (Australia) founded in 2005 was acquired by Trivantage in July 2024.. 2XU offers products and services including Core Compression Long Sleeve, Aero Shorts, Fluid Tight, and Form Racerback Bra. 2XU operates in a competitive market with competitors including Ryderwear, WPN, Dk Active and LE Sportswear, among others.
- Headquarter Melbourne, Australia
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Trivantage
& 2 more
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Employee Count
Employee Count
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Acquired by
Trivantage
(Jul 10, 2024)
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Products & Services of 2XU
2XU offers a comprehensive portfolio of products and services, including Core Compression Long Sleeve, Aero Shorts, Fluid Tight, and Form Racerback Bra. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Compression top designed for training and team sports performance.
Shorts for running and workouts with enhanced comfort.
Tights for gym and training activities with flexible fit.
Medium impact bra for running and fitness routines.
Funding Insights of 2XU
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Private Equity Round - 2XU | Valuation |
investors |
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| Jun, 2011 | Amount | Private Equity Round - 2XU | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 2XU
2XU has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Trivantage, L Catterton and Tanarra. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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L Catterton is recognized as a leading consumer-focused private equity group.
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Founded Year | Domain | Location | |
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Tanarra is recognized as an Asia Pacific alternative asset investment firm.
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Founded Year | Domain | Location | |
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Safety and security services are provided across Australia.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 2XU
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 2XU
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
2Xu Comparisons
Competitors of 2XU
2XU operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ryderwear, WPN, Dk Active and LE Sportswear, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sells functional gym clothes and activewear online for bodybuilders and lifters.
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| domain | founded_year | HQ Location |
Sportswear and tactical accessories are offered by WPN.
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| domain | founded_year | HQ Location |
Provides online sales of ethical activewear, sports bras, and swimwear for women.
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| domain | founded_year | HQ Location |
Designs and produces high-performance sportswear for athletes, schools, and corporate clients worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 2XU
When was 2XU founded?
2XU was founded in 2005 and raised its 1st funding round 6 years after it was founded.
Where is 2XU located?
2XU is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
What does 2XU do?
Founded in 2005 in Melbourne, Australia, 2XU functions as an internet-first brand within the performance sportswear sector. Apparel for men and women is distributed via its online domain, encompassing items such as shorts, tops, tights, crops, bras, jackets, vests, pants, and accessories including hats, bags, and socks. Moisture-wicking, quick-drying, and skin-friendly attributes are integrated into the garments.
What products or services does 2XU offer?
2XU offers Core Compression Long Sleeve, Aero Shorts, Fluid Tight, and Form Racerback Bra.
Who are 2XU's investors?
2XU has 3 investors. Key investors include Trivantage, L Catterton, and Tanarra.