About THG
THG is a company based in Manchester (United Kingdom) founded in 2004 by John Gallemore. It operates as a Direct-to-Consumer (D2C), and Two-Sided Marketplace. THG has raised $722.56 million across 25 funding rounds from investors including Bank of Ireland, Barclays and HSBC. The company has 6,790 employees as of December 31, 2024. THG has completed 36 acquisitions, including Bentley Labs, Biossance and Brighter Foods. THG offers products and services including THG Beauty and THG Nutrition. THG operates in a competitive market with competitors including TechStyle, Merama, Mensa Brands, GlobalBees and GOAT Brand Labs, among others.
- Headquarter Manchester, United Kingdom
- Employees 6790 as on 31 Dec, 2024
- Founders John Gallemore
- Stage Public
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Thg Plc
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Annual Revenue
$2.19 B (USD)-6.83as on Dec 31, 2024
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Net Profit
$-408.63 M (USD)-31.31as on Dec 31, 2024
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EBITDA
$71.76 M (USD)-29.47as on Dec 31, 2024
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Total Equity Funding
$722.56 M (USD)
in 25 rounds
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Latest Funding Round
$116 M (USD), Post-IPO
Mar 25, 2025
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Investors
Bank of Ireland
& 22 more
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Employee Count
6790
as on Dec 31, 2024
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Investments & Acquisitions
Bentley Labs
& 35 more
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IPO & Listings of THG
THG is a publicly listed company on the LSE with ticker symbol THG in UK, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of THG
THG offers a comprehensive portfolio of products and services, including THG Beauty and THG Nutrition. 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.
Beauty products are offered through various online platforms.
Sports nutrition products are delivered globally to consumers.
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Leadership Team
47 people
Software Development Team
20 people
Head Team
18 people
Finance and Accounting
16 people
Operations Team
13 people
Senior Team
12 people
Sales and Marketing
9 people
Human Resources and Administration
9 people
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Funding Insights of THG
THG has successfully raised a total of $722.56M across 25 strategic funding rounds. The most recent funding activity was a Post-IPO round of $116 million completed in March 2025. 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 25
- Last Round Post-IPO — $116.0M
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First Round
First Round
(21 Sep 2009)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Post-IPO - THG | Valuation |
investors |
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| Oct, 2024 | Amount | Post-IPO - THG | Valuation |
investors |
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| May, 2021 | Amount | Post-IPO - THG | Valuation |
investors |
| 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 THG
THG has secured backing from 23 investors, including institutional and venture fund investors. Prominent investors backing the company include Bank of Ireland, Barclays and HSBC. 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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Venture capital investments are provided by Sofina to emerging companies.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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PE firm investing in the UK
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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 THG
THG has strategically engaged in corporate development activities, having acquired 36 companies. Notable acquisitions include Bentley Labs, Biossance and Brighter Foods. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Luxury haircare products are offered by Christophe Robin.
|
2018 | ||||
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Healthy snack bars processing company
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2014 | ||||
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Brand of body care products
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - THG
| 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 |
Thg Comparisons
Competitors of THG
THG 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 TechStyle, Merama, Mensa Brands, GlobalBees and GOAT Brand Labs, 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 |
Membership commerce solutions for fashion businesses are provided.
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| domain | founded_year | HQ Location |
Platform acquiring eCommerce businesses
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| domain | founded_year | HQ Location |
Crafts global health and wellness brands for digital platforms.
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| domain | founded_year | HQ Location |
Direct-to-consumer brands are built and scaled through a technology platform.
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| domain | founded_year | HQ Location |
Investment and scaling of D2C lifestyle brands are facilitated.
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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 Thg
Frequently Asked Questions about THG
When was THG founded?
THG was founded in 2004 and raised its 1st funding round 5 years after it was founded.
Where is THG located?
THG is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Is THG a funded company?
THG is a funded company, having raised a total of $722.56M across 25 funding rounds to date. The company's 1st funding round was a Post-IPO of $1B, raised on Sep 21, 2009.
How many employees does THG have?
As of Dec 31, 2024, the latest employee count at THG is 6,790.
What is the annual revenue of THG?
Annual revenue of THG is $2.19B as on Dec 31, 2024.
What does THG do?
THG is established as a global consumer brands group, focusing on beauty and sports nutrition sectors. Operations are conducted through THG Beauty and THG Nutrition, with prominent online platforms like Lookfantastic, Dermstore, Cult Beauty, and Myprotein. A wide range of third-party and owned brands are offered, alongside direct-to-consumer and strategic offline partnerships. Sustainability is prioritized through initiatives like THG x Planet Earth, launched in 2021, to ensure a positive impact on communities and the environment.
Who are the top competitors of THG?
THG's top competitors include Mensa Brands, TechStyle and Merama.
What products or services does THG offer?
THG offers THG Beauty and THG Nutrition.
Is THG publicly traded?
Yes, THG is publicly traded on LSE under the ticker symbol THG.
How many acquisitions has THG made?
THG has made 36 acquisitions, including Bentley Labs, Biossance, and Brighter Foods.
Who are THG's investors?
THG has 23 investors. Key investors include Bank of Ireland, Barclays, HSBC, SVB, and Lloyds Bank.
What is THG's ticker symbol?
The ticker symbol of THG is THG on LSE.
What is THG's valuation?
The valuation of THG is $3.01B as of Dec 2019.
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