About Joules
Joules is a company based in Market Harborough (United Kingdom) founded in 1989 was acquired by Next in December 2022.. Joules has raised $35.15 million across 4 funding rounds from investors including Next, BlackRock and LDC. Joules has completed 1 acquisition, including Garden Trading. Joules offers products and services including Women's Tops, Men's Shirts, Women's Dresses, Men's Jackets, and Women's Trousers. Joules operates in a competitive market with competitors including Inditex, American Eagle Outfitters, Levi Strauss, Abercrombie and Fitch and Pepe Jeans London, among others.
- Headquarter Market Harborough, United Kingdom
- 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 Next Retail Limited
- Date of Incorporation 29 Aug, 2002
- Jurisdiction LEICESTER
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Products & Services of Joules
Joules offers a comprehensive portfolio of products and services, including Women's Tops, Men's Shirts, Women's Dresses, Men's Jackets, and Women's Trousers. 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.
Clothing items for women's upper body wear
Shirts designed for men's everyday and formal use
Dresses for women's casual and seasonal occasions
Jackets for men's outerwear protection
Trousers for women's daily and professional attire
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Software Development Team
97 people
Senior Team
46 people
Creative and Marketing Team
38 people
Sales and Marketing
31 people
Product Management Team
31 people
Finance and Accounting
28 people
Buyer Team
21 people
Lead Team
20 people
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Funding Insights of Joules
Joules has successfully raised a total of $35.15M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(04 Nov 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Post-IPO - Joules | Valuation |
investors |
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| Aug, 2020 | Amount | Post-IPO - Joules | Valuation |
investors |
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| Apr, 2020 | Amount | Post-IPO - Joules | Valuation |
investors |
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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 Joules
Joules has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Next, BlackRock and LDC. 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 investments are focused on multiple sectors for growth.
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Founded Year | Domain | Location | |
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Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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Founded Year | Domain | Location | |
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Clothing, footwear, and home products are retailed by Next.
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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 Joules
Joules has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Garden Trading. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Home furniture and accessories are supplied by Garden Trading.
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Joules
| 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 |
Joules Comparisons
Competitors of Joules
Joules 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 Inditex, American Eagle Outfitters, Levi Strauss, Abercrombie and Fitch and Pepe Jeans London, 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 |
Retailer of fashion products
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| domain | founded_year | HQ Location |
Multi-category fashion products for men and women are offered.
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| domain | founded_year | HQ Location |
Brand of fashion apparel for men and women
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| domain | founded_year | HQ Location |
Internet first brand of fashion apparel wear for men and women
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| domain | founded_year | HQ Location |
Internet first brand of denim apparel wear for men and women
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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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Latest news on Joules
Frequently Asked Questions about Joules
When was Joules founded?
Joules was founded in 1989 and raised its 1st funding round 24 years after it was founded.
Where is Joules located?
Joules is headquartered in Market Harborough, United Kingdom. It is registered at Market Harborough, Leicestershire, United Kingdom.
Is Joules a funded company?
Joules is a funded company, having raised a total of $35.15M across 4 funding rounds to date. The company's 1st funding round was a Post-IPO of $18.6M, raised on Nov 04, 2013.
What does Joules do?
Joules was founded in 1989 in Market Harborough, United Kingdom. Apparel for men and women is offered primarily through an internet-first model, with operations centered in the fashion retail sector. Products are distributed via the joules.com domain, targeting casual and seasonal clothing lines. The company maintains a base in the UK, serving international markets through e-commerce platforms. Focus is placed on accessible fashion items without physical store emphasis.
Who are the top competitors of Joules?
Joules's top competitors include Inditex, American Eagle Outfitters and Pepe Jeans London.
What products or services does Joules offer?
Joules offers Women's Tops, Men's Shirts, Women's Dresses, Men's Jackets, and Women's Trousers.
How many acquisitions has Joules made?
Joules has made 1 acquisition, including Garden Trading.