About Lounge
Lounge is a company based in Bristol (United Kingdom) founded in 2002 by Dave Reid, Alex Reilley, and Jake Bishop was acquired by Lion Capital in December 2016. It operates as a Direct-to-Consumer (D2C). Lounge has raised $25.4 million across 1 funding round from investors including Piper and Lion Capital. The company has 5,637 employees as of April 30, 2022. Lounge offers products and services including All-Day Dining and Cocktail Club.
- Headquarter Bristol, United Kingdom
- Employees 5637 as on 30 Apr, 2022
- Founders Dave Reid, Alex Reilley, Jake Bishop
- Stage Public
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Loungers
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$25.4 M (USD)
in 1 rounds
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Latest Funding Round
$25.4 M (USD), Private Equity Round
Apr 10, 2012
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Investors
Piper
& 1 more
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Employee Count
5637
as on Apr 30, 2022
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Acquired by
Lion Capital
(Dec 20, 2016)
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Products & Services of Lounge
Lounge offers a comprehensive portfolio of products and services, including All-Day Dining and Cocktail Club.
All-day meals including breakfast, lunch, and dinner are served.
Cocktails are offered at discounted rates during specific hours.
People of Lounge
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Funding Insights of Lounge
Lounge has successfully raised a total of $25.4M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $25.4 million completed in April 2012. 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.
Investors in Lounge
Lounge has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Piper and Lion Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Piper is engaged in building and investing in brand legends.
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Locked | Locked | Locked | |
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Private equity firm focused on consumer brands
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Locked | Locked | Locked |
Investor details for Lounge
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Investments & Acquisitions by Lounge
Investment portfolio details for Lounge
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Financial Statements - Lounge
Detailed financials for Lounge
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Lounge Comparisons
Peer comparison for Lounge
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Competitors of Lounge
Detailed competitors of Lounge
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Latest news on Lounge
Complete news archive for Lounge
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Frequently Asked Questions about Lounge
Lounge was founded in 2002 and raised its 1st funding round 10 years after it was founded.
Lounge is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Lounge is a funded company, having raised a total of $25.4M across 1 funding round to date.
As of Apr 30, 2022, the latest employee count at Lounge is 5,637.
A network of neighborhood cafes and bars is operated across the UK, providing all-day dining options such as breakfast, lunch, and dinner. Unique atmospheres are created in each location with distinctive decor. Community engagement is emphasized through partnerships with local charities. Special promotions and events like cocktail clubs and festive menus are offered to enhance customer experience in the hospitality sector.
Lounge offers All-Day Dining and Cocktail Club.
Lounge has 2 investors. Key investors include Piper, and Lion Capital.