LoveThis

London, United Kingdom Founded: 2010 • Age: 16 yrs
A platform for social recommendations based on friends input.
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About LoveThis

LoveThis is a company based in London (United Kingdom) founded in 2010 by Alexis Dormandy. It operates as a B2C. LoveThis has raised $2 million across 1 funding round. LoveThis operates in a competitive market with competitors including Seat Unique, NAVA, Groubook, Scoville and Citysocializer, among others.

  • Headquarter London, United Kingdom
  • Founders Alexis Dormandy
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Creator Economy & Social Platforms
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2 M (USD), Seed

    Nov 01, 2011

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of LoveThis

LoveThis has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in November 2011. 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 Rounds 1
  • Last Round Seed — $2.0M
  • First Round

    (01 Nov 2011)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2011 Amount Seed - LoveThis Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by LoveThis

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - LoveThis

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lovethis Comparisons

Employees
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Competitors of LoveThis

LoveThis 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 Seat Unique, NAVA, Groubook, Scoville and Citysocializer, 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.

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Nearby users are connected for socializing and offline meetups.
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Linkup is designed to connect people for shared experiences.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lovethis

Frequently Asked Questions about LoveThis

When was LoveThis founded?

LoveThis was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is LoveThis located?

LoveThis is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of LoveThis?

Alexis Dormandy is the current CEO of LoveThis. They have also founded this company.

Is LoveThis a funded company?

LoveThis is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Nov 01, 2011.

What does LoveThis do?

LoveThis, based in London, focuses on leveraging cutting-edge technology, managing social media platforms, recommendation platforms, and social networking. A platform for social recommendations based on friends input. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of LoveThis?

LoveThis's top competitors include Seat Unique, Groubook and Scoville.

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