About Loungers
Loungers is a Consumer company based in Bristol (United Kingdom) founded in 2002, and was acquired by Fortress Investment in November 2024. Chain of restaurant operates cafe-bar and dining serving food beverages products. Loungers has raised $79.88 million across 2 funding rounds from investors including Fortress Investment. Its website loungers.co.uk draws about 13 thousand monthly visits. Its focus areas include Food and Agriculture, Food Service Chains, Restaurants and Diversified. Its legal entity is LOUNGERS PLC. Its competitors include The Restaurant Group, Leon Restaurants and Dishoom; 1 of its 3 listed competitors has raised funding.
Company details
Loungers, based in Bristol, focuses on food and agriculture, food service chains, restaurants, and diversified. Chain of restaurant operates cafe-bar and dining serving food beverages products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bristol, United Kingdom
- Stage Acquired
- SectorsConsumer
- Website category Food and Drink · Restaurants and Delivery
- Email••••••••
- Phone•••• ••••
- Website loungers.co.uk
- Social LinkedIn YouTube
- Acquired by Fortress Investment (Nov 2024)
- Legal Name Loungers Plc
- Date of Incorporation 28 Mar, 2019
- Jurisdiction BRISTOL
- Total Equity Funding$79.88M (USD)
in 2 rounds
- Latest Funding Round$10.23M (USD), Post-IPO
Apr 2020
- Investors
- Acquired byFortress Investment
(Nov 2024)
Apps and channels of Loungers
its YouTube channel The Lounges has 415 subscribers and 10 videos.
Videos from Loungers
The most watched videos on Loungers's YouTube channel, The Lounges (415 subscribers). Click a video to play it here.
More on The Lounges.
Funding Insights of Loungers
Loungers has successfully raised a total of $79.88M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $10.23 million completed in April 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 $79.88M
- Total Rounds 2
- Last Round Post-IPO — $10.23M
- First Round $79.88M
(Apr 2019)
All 2 funding rounds of Loungers with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $10.23M | Post-IPO | – | – | – |
| Apr 2019 | $79.88M | Series C | – | – | – |
1 investors in total: 1 institutional.
Investors in Loungers
Loungers has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fortress Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of credit, private equity, and capital investment services | 1998 | fortress.com | Atlanta, United States |
Investor details for Loungers
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- Complete investor list
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People of Loungers
9 people are tracked at Loungers (4 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Lucy Knowles | Managing Director, Cosy Club | Leadership |
Kate Lister | Marketing Director | Leadership |
Jake Bishop | Commercial Director | Leadership |
Philip Hills | Head Of Procurement | Leadership |
Thalia Mountney | Marketing Executive | Team |
Jessica Jones | Commercial Projects And Data Manager | Team |
Hux Norman Mrics | Senior Acquisition Manager | Team |
James Whitehouse | Customer Insights Manager | Team |
Ben Geen | Purchasing Manager | Team |
Complete people profiles for Loungers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Timeline of Loungers
5 dated milestones of Loungers across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Loungers is founded.
- Funding First funding round of $79.9M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $10.2M.
- Exit Acquired by Fortress Investment.
Competitors of Loungers
Loungers has 3 listed competitors in our database, 1 of them funded. They include The Restaurant Group, Leon Restaurants and Dishoom.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trgplc.com | 1954 | London, United Kingdom | 16,708 | Hundreds of restaurants and pubs are operated across the UK. | ||
| leon.co | 2004 | London, United Kingdom | $32.45M | 715 | Quick service restaurant chain | |
| dishoom.com | 2010 | Manchester, United Kingdom | 1,572 | Multi-category food is served by a chain of limited-service restaurants. |
Detailed competitors of Loungers
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Loungers
The website of Loungers (loungers.co.uk) receives about 13.3K visits a month and ranks #1,110,277 among all websites worldwide, #9,216 in Restaurants and Delivery.
- Monthly visits13.3K
▼ 44.2% vs previous month
- Unique visitors10.1K
per month
- Global rank#1,110,277
among all websites
- Category rank#9,216
Food and Drink · Restaurants and Delivery
- Bounce rate60%
- Pages per visit2.2
- Average visit19 sec
- DevicesDesktop 8% · Mobile 92%
Websites whose visitors overlap most with Loungers. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thelounges.co.uk | 100% | 1.9M | #24,414 | View details | |
dineoutmagazine.co.uk | dineoutmagazine.co.uk | 71% | #2,114,535 | – |
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Related news about Loungers
Complete news archive for Loungers
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Frequently Asked Questions about Loungers
Loungers was founded in 2002 and raised its 1st funding round 17 years after it was founded.
Loungers is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Loungers is a funded company, having raised a total of $79.88M across 2 funding rounds to date. The company's 1st funding round was a Series C of $79.88M, raised on Apr 2019.
Loungers, based in Bristol, focuses on food and agriculture, food service chains, restaurants, and diversified. Chain of restaurant operates cafe-bar and dining serving food beverages products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Loungers's top competitors include The Restaurant Group, Leon Restaurants and Dishoom.
Loungers has 1 investor. Key investors include Fortress Investment.
Loungers operates through Loungers Plc.
Yes. Loungers was acquired by Fortress Investment in November 2024.