About Soak
Soak is a company based in Nuneaton (United Kingdom) founded in 2007 was acquired by Wolseley in February 2015. Soak has raised $1.72 million across 3 funding rounds from investors including Ferguson, Ferguson and Wolseley. The company has 218 employees as of July 31, 2018. Soak operates in a competitive market with competitors including Wayfair, WorldStores, VictoriaPlum.com, Easy Bathrooms and Bathrooms.com, among others.
- Headquarter Nuneaton, United Kingdom
- Employees 218 as on 31 Jul, 2018
- Stage Minicorn
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Sectors
Consumer
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Luxury For Less Limited
- Date of Incorporation 30 Mar, 2012
- Jurisdiction MANCHESTER
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Annual Revenue
$94.72 M (USD)23as on Jul 31, 2018
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Net Profit
$3.03 M (USD)3398as on Jul 31, 2018
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EBITDA
$1.77 M (USD)1828as on Jul 31, 2018
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Total Equity Funding
$1.72 M (USD)
in 3 rounds
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Latest Funding Round
$389.4 K (USD), Seed
Aug 28, 2014
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Investors
Ferguson
& 5 more
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Employee Count
218
as on Jul 31, 2018
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Acquired by
Wolseley
(Feb 01, 2015)
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Funding Insights of Soak
Soak has successfully raised a total of $1.72M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $389.4 thousand completed in August 2014. 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 Soak
Soak has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Ferguson, Ferguson and Wolseley.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Livingbridge is engaged in mid-market private equity investments.
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Building materials are supplied via an online platform.
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Construction materials are distributed by Ferguson through multiple brands.
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Investor details for Soak
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Investments & Acquisitions by Soak
Investment portfolio details for Soak
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Financial Statements - Soak
Detailed financials for Soak
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Soak Comparisons
Peer comparison for Soak
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Competitors of Soak
Soak 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 Wayfair, WorldStores, VictoriaPlum.com, Easy Bathrooms and Bathrooms.com, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category home improvement products are sold online by Wayfair.
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Home and garden products are retailed online by WorldStores.
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Bathroom products are retailed online by VictoriaPlum.com.
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Bathroom suites, taps, toilets, and shower enclosures are supplied.
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Bathroom products are retailed online by Bathrooms.com.
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Bathroom products are retailed independently across the UK.
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Detailed competitors of Soak
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Latest news on Soak
Complete news archive for Soak
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Frequently Asked Questions about Soak
Soak was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Soak is headquartered in Nuneaton, United Kingdom. It is registered at Nuneaton, Warwickshire, United Kingdom.
Soak is a funded company, having raised a total of $1.72M across 3 funding rounds to date.
As of Jul 31, 2018, the latest employee count at Soak is 218.
Annual revenue of Soak is $94.72M as on Jul 31, 2018.
Soak was established in 2007 and is headquartered in Nuneaton, United Kingdom. Online retailing of bathroom products is conducted through the domain soak.com, with a focus on fixtures, fittings, and accessories. Inventory is managed for e-commerce operations in the home improvement sector, serving customers primarily in the UK market. Deliveries and customer support are handled via digital platforms.
Soak's top competitors include Wayfair, VictoriaPlum.com and WorldStores.
The valuation of Soak is $29.74M as of Aug 2014.