About SPOKE
SPOKE is a company based in London (United Kingdom) founded in 2013.. SPOKE has raised $29.72 million across 12 funding rounds from investors including Seedcamp, Oxford Capital and Molten Ventures. The company has 38 employees as of October 31, 2020. SPOKE offers products and services including Trousers, Jeans, Tops, and Shorts. SPOKE operates in a competitive market with competitors including Pickashirt, Suit Junky, iTailor, SG Tailor and We Are Gntlmen, among others.
- Headquarter London, United Kingdom
- Employees 38 as on 31 Oct, 2020
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Respoke Limited
- Date of Incorporation 23 Oct, 2012
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.72 M (USD)
in 12 rounds
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Latest Funding Round
$6.2 M (USD), Series C
Mar 18, 2022
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Investors
Seedcamp
& 7 more
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Employee Count
38
as on Oct 31, 2020
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Products & Services of SPOKE
SPOKE offers a comprehensive portfolio of products and services, including Trousers, Jeans, Tops, and Shorts. 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.
Men's trousers with perfect fit options and quality materials.
Stylish denim jeans in various styles and fabrics.
Men's shirts and polos for everyday wear.
Comfortable shorts made from cotton and linen.
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Funding Insights of SPOKE
SPOKE has successfully raised a total of $29.72M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $6.2 million completed in March 2022. 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 12
- Last Round Series C — $6.2M
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First Round
First Round
(23 Dec 2013)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series C - SPOKE | Valuation | Oxford Capital | |
| May, 2021 | Amount | Series B - SPOKE | Valuation | ITV , 24 Haymarket | |
| Aug, 2019 | Amount | Series B - SPOKE | Valuation | BGF |
| 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 SPOKE
SPOKE has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Seedcamp, Oxford Capital and Molten Ventures. 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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Early-stage venture capital is invested in UK technology sectors.
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Founded Year | Domain | Location | |
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Venture capital is provided by Molten Ventures to tech leaders.
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Founded Year | Domain | Location | |
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Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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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 SPOKE
| 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 |
Financial Statements - SPOKE
| 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 |
Spoke Comparisons
Competitors of SPOKE
SPOKE 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 Pickashirt, Suit Junky, iTailor, SG Tailor and We Are Gntlmen, 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 |
Provides online platform for designing and ordering custom apparel items.
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| domain | founded_year | HQ Location |
Online platform for customizing high-quality men's suits.
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| domain | founded_year | HQ Location |
A direct-to-consumer brand offering men's apparel.
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| domain | founded_year | HQ Location |
Delivers comprehensive online tailoring services for custom clothing.
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| domain | founded_year | HQ Location |
Provides an online private label for high-quality lifestyle shirts tailored for modern consumers.
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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 Spoke
Frequently Asked Questions about SPOKE
When was SPOKE founded?
SPOKE was founded in 2013.
Where is SPOKE located?
SPOKE is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is SPOKE a funded company?
SPOKE is a funded company, having raised a total of $29.72M across 12 funding rounds to date. The company's 1st funding round was a Series B of $10.64M, raised on Dec 23, 2013.
How many employees does SPOKE have?
As of Oct 31, 2020, the latest employee count at SPOKE is 38.
What does SPOKE do?
SPOKE was founded in 2013 in London, United Kingdom, as an internet-based menswear brand. A range of products including tops, denim, trousers, shorts, polos, belts, masks, gloves, and gifts is provided through its online platform. Various fabrics and colors are available, along with custom-fitting solutions to accommodate different sizes. Operations focus on direct-to-consumer sales in the apparel sector.
Who are the top competitors of SPOKE?
SPOKE's top competitors include Pickashirt, Suit Junky and iTailor.
What products or services does SPOKE offer?
SPOKE offers Trousers, Jeans, Tops, and Shorts.
Who are SPOKE's investors?
SPOKE has 8 investors. Key investors include Seedcamp, Oxford Capital, Molten Ventures, BGF, and 24 Haymarket.
What is SPOKE's valuation?
The valuation of SPOKE is $48.7M as of Aug 2019.