About Gymshark
Gymshark is a company based in Redditch (United Kingdom) founded in 2012 by Ben Francis.. Gymshark has raised $261.47 million across 1 funding round from investors including General Atlantic. Gymshark offers products and services including Leggings, Sports Bras, Hoodies, Shorts, and Accessories. Gymshark operates in a competitive market with competitors including Lululemon, Vuori, Castore, Nobull and Fabletics, among others.
- Headquarter Redditch, United Kingdom
- Founders Ben Francis
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Sectors
RetailMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Gymshark Ltd
- Date of Incorporation 05 Jul, 2012
- Jurisdiction SOLIHULL, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$261.47 M (USD)
in 1 rounds
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Latest Funding Round
$261.47 M (USD), Series A
Aug 14, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Gymshark
Gymshark offers a comprehensive portfolio of products and services, including Leggings, Sports Bras, Hoodies, Shorts, and Accessories. 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.
Flexible clothing for lower body workouts and daily use
Supportive bras designed for high-impact exercises
Comfortable tops for training and rest days
Breathable bottoms for various fitness activities
Items like bags and socks for workout support
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Software Development Team
53 people
Leadership Team
39 people
Creative and Marketing Team
20 people
Senior Team
19 people
Product Management Team
19 people
Sales and Marketing
16 people
Human Resources and Administration
14 people
Finance and Accounting
13 people
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Funding Insights of Gymshark
Gymshark has successfully raised a total of $261.47M through 1 strategic funding round. The most recent funding activity was a Series A round of $261.47 million completed in August 2020. 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 1
- Last Round Series A — $261.5M
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First Round
First Round
(14 Aug 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2020 | Amount | Series A - Gymshark | Valuation | General Atlantic |
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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 Gymshark
Gymshark has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include General Atlantic. 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 fund focused on global markets
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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 Gymshark
| 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 - Gymshark
| 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 |
Gymshark Comparisons
Competitors of Gymshark
Gymshark 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 Lululemon, Vuori, Castore, Nobull and Fabletics, 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 |
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| domain | founded_year | HQ Location |
Multi-category fashion apparel and accessories are offered online by Lululemon.
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| domain | founded_year | HQ Location |
Internet first brand offering multi category sports wear for men and women
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| domain | founded_year | HQ Location |
Internet-first brand of sportswear for men and women
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| domain | founded_year | HQ Location |
Fashion accessories and apparel are offered for weightlifters and trainers.
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| domain | founded_year | HQ Location |
Internet-first sportswear apparel is provided for men and women.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Gymshark
Frequently Asked Questions about Gymshark
When was Gymshark founded?
Gymshark was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is Gymshark located?
Gymshark is headquartered in Redditch, United Kingdom. It is registered at Redditch, Worcestershire, United Kingdom.
Who is the current CEO of Gymshark?
Ben Francis is the current CEO of Gymshark. They have also founded this company.
Is Gymshark a funded company?
Gymshark is a funded company, having raised a total of $261.47M across 1 funding round to date. The company's 1st funding round was a Series A of $261.47M, raised on Aug 14, 2020.
What does Gymshark do?
Gymshark was founded in 2012 in Redditch, United Kingdom, by Ben Francis, who serves as CEO. Operations are conducted as an internet-first brand within the sportswear apparel sector. A variety of items, including base layers, bottoms, hoodies, jackets, shorts, swimwear, stringers, tanks, t-shirts, tops, underwear, socks, and accessories, is provided for both men and women. The focus remains on sports and outdoor apparel distributed primarily through digital channels.
Who are the top competitors of Gymshark?
What products or services does Gymshark offer?
Gymshark offers Leggings, Sports Bras, Hoodies, Shorts, and Accessories.
Who are Gymshark's investors?
Gymshark has 1 investor. Key investors include General Atlantic.
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