About Five Below
Five Below is a company based in Philadelphia (United States) founded in 2002 by Thomas Vellios and David Schlessinger.. Five Below has raised $231 million across 3 funding rounds from investors including Advent International and LLR Partners. The company has 23,200 employees as of January 31, 2024.
- Headquarter Philadelphia, United States
- Employees 23200 as on 31 Jan, 2024
- Founders Thomas Vellios, David Schlessinger
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Five Below, Inc.
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Annual Revenue
$3.88 B8.91as on Jan 31, 2024
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Net Profit
$253.61 M-15.77as on Jan 31, 2024
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EBITDA
$510.16 M-4.57as on Jan 31, 2024
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Total Equity Funding
$231 M (USD)
in 3 rounds
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Latest Funding Round
$194 M (USD), Private Equity Round
Sep 14, 2010
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Investors
Advent International
& 1 more
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Employee Count
23200
as on Jan 31, 2024
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IPO & Listings of Five Below
Five Below is a publicly listed company on the NASDAQ with ticker symbol FIVE in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
58 people
Software Development Team
29 people
Operations Team
21 people
Senior Team
18 people
Product Management Team
17 people
Store Team
13 people
Finance and Accounting
12 people
Sales and Marketing
10 people
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Funding Insights of Five Below
Five Below has successfully raised a total of $231M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $194 million completed in September 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Private Equity Round — $194.0M
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First Round
First Round
(01 Apr 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2010 | Amount | Private Equity Round - Five Below | Valuation | Advent International |
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| Sep, 2008 | Amount | Series B - Five Below | Valuation | LLR Partners |
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| Apr, 2005 | Amount | Series B - Five Below | Valuation | LLR Partners |
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| 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 Five Below
Five Below has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Advent International and LLR Partners. 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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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity firm investing in technology and healthcare businesses for growth capital.
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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 Five Below
| 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 - Five Below
| 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 |
Five Below Comparisons
Competitors of Five Below
| 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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Latest news on Five Below
Frequently Asked Questions about Five Below
When was Five Below founded?
Five Below was founded in 2002 and raised its 1st funding round 3 years after it was founded.
Where is Five Below located?
Five Below is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Five Below?
Thomas Vellios is the current CEO of Five Below. They have also founded this company.
Is Five Below a funded company?
Five Below is a funded company, having raised a total of $231M across 3 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Apr 01, 2005.
How many employees does Five Below have?
As of Jan 31, 2024, the latest employee count at Five Below is 23,200.
What is the annual revenue of Five Below?
Annual revenue of Five Below is $3.88B as on Jan 31, 2024.
What does Five Below do?
Five Below was founded in 2002 and is headquartered in Philadelphia, Pennsylvania. Retail stores are managed across various U.S. states, including Pennsylvania, New Jersey, and Virginia. Products such as sporting goods, games, jewelry, collectibles, bath items, snacks, room decor, stationery, electronics, books, and seasonal goods are offered. The focus is placed on teens, pre-teens, and value-oriented shoppers in the discount retail sector.
Is Five Below publicly traded?
Yes, Five Below is publicly traded on NASDAQ under the ticker symbol FIVE.
Who are Five Below's investors?
Five Below has 2 investors. Key investors include Advent International, and LLR Partners.
What is Five Below's ticker symbol?
The ticker symbol of Five Below is FIVE on NASDAQ.