ThermoSpas

Wallingford, United States Founded: 1983 • Age: 43 yrs Acquired By Jacuzzi
Outsourced sales force and point-of-sale management services are provided.

About ThermoSpas

ThermoSpas is a company based in Wallingford (United States) founded in 1983 was acquired by Jacuzzi in May 2012.. ThermoSpas offers products and services including Hot Tubs and Parts and Supplies.

  • Headquarter Wallingford, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Thermospas
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Jacuzzi

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Jacuzzi

    (May 31, 2012)

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Products & Services of ThermoSpas

ThermoSpas offers a comprehensive portfolio of products and services, including Hot Tubs and Parts and Supplies. 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.

Primary

Hot tubs are manufactured for hydrotherapy and relaxation purposes

Parts and supplies such as filters and chemicals are provided for hot tub maintenance

People of ThermoSpas
Headcount 200-500
Employee Profiles 5
Employee Profiles
People
Andy Tournas
Founder & CEO
People
Christian Papcin
Customer Service Sales Representative
People
Michael Vonsmith
Area Sales Manager

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Funding Insights of ThermoSpas

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2012 Amount Debt – Conventional - ThermoSpas 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

Investors in ThermoSpas

ThermoSpas has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Jacuzzi and LFS Asset Management. 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.

All
Institutional
Investor Description Founded Year Domain Location
Diversified investment and wealth management services are offered.
Founded Year Domain Location
Hot tubs, swim spas, saunas, and bathroom products are manufactured.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ThermoSpas

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 - ThermoSpas

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

Thermospas Comparisons

Employees
+
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Competitors of ThermoSpas

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Thermospas

Frequently Asked Questions about ThermoSpas

When was ThermoSpas founded?

ThermoSpas was founded in 1983 and raised its 1st funding round 29 years after it was founded.

Where is ThermoSpas located?

ThermoSpas is headquartered in Wallingford, United States. It is registered at Wallingford, Connecticut, United States.

What does ThermoSpas do?

Provider of outsourced sales force and point-of-sale management services. These services enhance sales by managing point-of-sale activities, outsourcing sales teams, conducting store checks, implementing planograms, and supporting product launches and promotions. Additional offerings include commercial audits, sales software, data control, and tailored consulting. The company employs sales professionals specialized by sector and channel, providing expertise across various industries. They offer project management and reporting to meet specific client needs.

What products or services does ThermoSpas offer?

ThermoSpas offers Hot Tubs and Parts and Supplies.

Who are ThermoSpas's investors?

ThermoSpas has 2 investors. Key investors include Jacuzzi, and LFS Asset Management.

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