About THG
THG is a publicly listed company based in Manchester (United Kingdom) founded in 2004 by John Gallemore. Digital consumer brands are acquired and enabled by technology platform. It operates on a Direct-to-Consumer (D2C) and Two-Sided Marketplace model in Technology and Retail sectors. THG has raised $722.56 million across 25 funding rounds from investors including Bank of Ireland, Barclays and HSBC. The company has 3,855 employees. THG has completed 35 acquisitions, including Morvelo, Cult Beauty and Bentley Labs. THG was last valued at $3.01 billion in December 2019. Its website thg.com draws about 109 thousand monthly visits. THG offers products and services including THG Beauty and THG Nutrition. Its focus areas include Consumer Goods, Beauty, Online Retail and Health and Wellness. Its legal entity is THG PLC.
Company details
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.
- Annual Revenue$2.32 B (USD)-1.91as on Dec 31, 2025
- Net Profit$72.89 M (USD)as on Dec 31, 2025
- EBITDA$74.56 M (USD)-3.31as on Dec 31, 2025
- Total Equity Funding$722.56M (USD)
in 25 rounds
- Latest Funding Round$116M (USD), Post-IPO
Mar 2025
- InvestorsBank of Ireland
& 26 more
- Employee Count3,855
- Investments & AcquisitionsMorvelo
& 34 more
Products & Services of THG
THG offers a comprehensive portfolio of products and services, including THG Beauty and THG Nutrition.
Beauty products are offered through various online platforms.
Sports nutrition products are delivered globally to consumers.
Apps and channels of THG
THG publishes 3 mobile apps with over 6M+ downloads.
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 $722.56M
- Total Rounds 25
- Last Round Post-IPO — $116M
- First Round $2.7M
(Sep 2009)
- Investors Count 27
Latest 10 of 25 funding rounds of THG with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $116M | Post-IPO | – | – | – |
| Oct 2024 | $124.63M | Post-IPO | – | – | |
| May 2021 | $1B | Post-IPO | – | – | |
| Dec 2019 | $667.04M | Debt – Conventional | – | – | – |
| Dec 2019 | $86.7M | Series E | $3.01B | BlackRock, Sofina | – |
| Nov 2019 | $852.21M | Debt – Conventional | – | – | – |
| May 2019 | $63.6M | Series E | $2.54B | – | – |
| Sep 2018 | $1B | Debt – Conventional | – | – | – |
| Jul 2018 | $255.48M | Debt – Conventional | – | – | |
| May 2018 | $812.1M | Debt – Conventional | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2019 | $3.01B | •••••••• |
| May 2019 | $2.54B | •••••••• |
| Mar 2018 | $••••• | •••••••• |
| Feb 2018 | $••••• | •••••••• |
| Sep 2017 | $••••• | •••••••• |
| Jan 2014 | $••••• | •••••••• |
| Feb 2012 | $••••• | •••••••• |
| May 2011 | $••••• | •••••••• |
Full valuation and stage history of THG
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $3.01B (Dec 2019). 27 investors in total: 27 institutional.
Investors in THG
THG has secured backing from 27 investors, including institutional and venture fund investors. Prominent investors backing the company include Bank of Ireland, Barclays and HSBC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are provided by Sofina to emerging companies. | sofinagroup.com | Brussels, Belgium | ||
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
PE firm investing in the UK | westcoastcapital.co.uk | Kilmarnock, United Kingdom | ||
Multistage venture capital investments are focused on technology sectors. | 2000 | balderton.com | London, United Kingdom | |
Technology sectors are targeted for venture capital investments. | williamcurriegroup.com | Liverpool, United Kingdom | ||
Investor in real estate, private equity, hotels, and consumer brands | bccap.com | London, United Kingdom | ||
Retailer of sports products | 1982 | frasers.group | Shirebrook, United Kingdom | |
Investments are directed toward multiple sectors via fund of funds. | 1981 | group.softbank | Minato City, Japan | |
Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors | 1988 | blackrock.com | New York, United States | |
Diversified financial services are provided across global markets. | 1690 | home.barclays | London, United Kingdom |
Investor details for THG
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People of THG
218 people are tracked at THG (89 in leadership, 7 in board & advisors, 122 in team); the tracked headcount is 3,855.
| Name | Role | Group |
|---|---|---|
John Gallemore | Co-Founder | Leadership |
Andy Entressengle | Director Of Risk & Internal Audit | Leadership |
Romeo Pierre | Senior Vice President | Leadership |
Chris M. Matue | Director Global Datacenter Operations | Leadership |
Jason Yates | Head Of Networks | Leadership |
Zoe Froggatt | Head Of Project Management | Leadership |
Sean Keeley | Head Of Supply Chain | Leadership |
Nigel F. | Group Head Of B2b Operations | Leadership |
Matthew Moulding | CEO | Leadership |
John Gould | Head Of Operations Planning | Leadership |
Bill Smith-Coats | Head Of Sales (nutrition) - Manufacturing | Leadership |
David Head | Chief Procurement Officer | Leadership |
Matthew Cunliffe | Director Of Operational Excellence | Leadership |
Herculano Rodrigues | Senior Vice President, Ingenuity | Leadership |
Mark Schofield | Merchandising And Supply Chain Director - Global Beauty | Leadership |
Katie Rhodes | People Operations Director | Leadership |
Jenna Perriam | Head Of Edit | Leadership |
Charley Rees | Head Of People | Leadership |
Tom Killeen | Chief Operating Officer - THG Brands | Leadership |
Kate Grimoldby | Director Of Investor Relations And Strategic Projects | Leadership |
198 more people are available in the full profile.
Complete people profiles for THG
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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.
- IPO date16 Sep 2020
- Listed onLSE: THG
- Listed entityTHG Plc
- Exchange sectorRetail trade
- ISINGB00BMTV7393
- Share price27.86 GBX (+0.87% on the day) · 2026-10-14
- Market capitalisation453,076,458.00 GBX
- EPS (diluted, trailing year)-0.04 GBX
- Volume (last session)177,063
Financials of THG
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.72B GBP | 54.1M GBP | 55.4M GBP |
| 2024 | 1.75B GBP | -326.1M GBP | 57.3M GBP |
| 2023 | 1.88B GBP | -248.4M GBP | 81.2M GBP |
| 2022 | 2.24B GBP | -540.0M GBP | 28.4M GBP |
| 2021 | 2.18B GBP | -138.1M GBP | 159.3M GBP |
Detailed financial statements for THG
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Investments & Acquisitions by THG
THG has strategically engaged in corporate development activities, having acquired 35 companies. Notable acquisitions include Morvelo, Cult Beauty and Bentley Labs.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Biotechnology-derived squalane is used in skincare products. | biossance.com | San Francisco, United States | 2003 | Dec 2023 | $20M | |
Investment holding company with diversified portfolio in food, industrial, real estate, and financial sectors | morvelo.com | Brighton, United Kingdom | 2008 | Aug 2021 | •••• | |
Multi-category beauty products are retailed online by the company. | cultbeauty.co.uk | London, United Kingdom | 2008 | Aug 2021 | $382.44M | |
Formulation and manufacturing services for beauty brands are offered. | bentleylabs.com | Edison, United States | 1982 | May 2021 | $255M | |
Healthy snack bars processing company | brighterfoods.co.uk | Aberystwyth, United Kingdom | 2014 | Apr 2021 | $59.89M | |
Cosmetic dermatology products are retailed online by DermStore. | dermstore.com | El Segundo, United States | 1999 | Dec 2020 | $350M | |
Food ingredients are processed by Claremont for industry use. | claremont-ingredients.co.uk | 1993 | Dec 2020 | $431.75M | ||
Fruits are distributed by the company in the United Kingdom. | davidberryman.co.uk | Luton, United Kingdom | 1987 | Dec 2020 | •••• | |
Skincare products and cosmetics are manufactured by Perricone MD. | perriconemd.com | San Francisco, United States | 1997 | Sep 2020 | $60M | |
Hotels and spas are operated by Eclectic Hotel Group. | eclectichotels.com | 2005 | May 2019 | $53.86M |
Complete acquisition details for THG
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Timeline of THG
16 dated milestones of THG across 21 years, from founding to its latest funding, stage changes and deals.
- Founded THG is founded.
- Funding First funding round of $2.7M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Eclectic Hotel Group.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Perricone MD.
- Acquisition Acquires Claremont Ingredients.
- Acquisition Acquires David Berryman.
- Acquisition Acquires DermStore.
- Acquisition Acquires Brighter Foods.
- Acquisition Acquires Bentley Labs.
- Acquisition Acquires Cult Beauty.
- Acquisition Acquires Morvelo.
- Acquisition Acquires Biossance.
- Funding Latest funding round, Post-IPO, of $116.0M.
Web traffic of THG
The website of THG (thg.com) receives about 108.9K visits a month.
- Monthly visits108.9K
▲ 3.3% vs previous month
Websites whose visitors overlap most with THG. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
naturalbeautywithbaby.com | naturalbeautywithbaby.com | 100% | #3,398,093 | – | |
beauty-detective.com | beauty-detective.com | 100% | #580,739 | – | |
| cosmeticsbusiness.com | 100% | 241.8K | #232,105 | View details | |
reallyree.com | reallyree.com | 100% | #290,021 | – | |
beffshuff.com | beffshuff.com | 100% | #2,039,414 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for THG
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Frequently Asked Questions about THG
THG was founded in 2004 and raised its 1st funding round 5 years after it was founded.
THG is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
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 Debt – Conventional of $812.1M, raised on Sep 2009.
THG has 3,855 employees.
Annual revenue of THG is $2.32B as on Dec 31, 2025.
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.
THG offers THG Beauty and THG Nutrition.
Yes, THG is publicly traded on LSE under the ticker symbol THG.
THG has made 35 acquisitions, including Morvelo, Cult Beauty, and Bentley Labs.
THG has 27 investors. Key investors include Bank of Ireland, Barclays, HSBC, SVB, and Lloyds Bank.
The valuation of THG is $3.01B as of Dec 2019.
THG operates through Thg Plc.