About Third Space London
Third Space London is a company based in London (United Kingdom) founded in 1999 was acquired by KSL Capital Partners in August 2021.. Third Space London has raised $108.29 million across 1 funding round from investors including OakNorth Bank, Searchlight Capital and KSL Capital Partners. Third Space London operates in a competitive market with competitors including Virgin, David Lloyd Leisure, 1Rebel, Nuffield Health and Fitness First, among others.
- Headquarter London, United Kingdom
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name The Third Space Group Limited
- Date of Incorporation 28 Sep, 1994
- Jurisdiction LONDON
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$108.29 M (USD)
in 1 rounds
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Latest Funding Round
$108.29 M (USD), Series D
Sep 25, 2023
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Investors
OakNorth Bank
& 2 more
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Employee Count
Employee Count
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Acquired by
KSL Capital Partners
(Aug 24, 2021)
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Funding Insights of Third Space London
Third Space London has successfully raised a total of $108.29M through 1 strategic funding round. The most recent funding activity was a Series D round of $108.29 million completed in September 2023. 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 1
- Last Round Series D — $108.3M
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First Round
First Round
(25 Sep 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series D - Third Space London | 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 Third Space London
Third Space London has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include OakNorth Bank, Searchlight Capital and KSL Capital Partners. 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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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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KSL Capital Partners is focused on travel and leisure investments.
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Founded Year | Domain | Location | |
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Commercial bank
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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 Third Space London
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - Third Space London
| 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 |
Third Space London Comparisons
Competitors of Third Space London
Third Space London 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 Virgin, David Lloyd Leisure, 1Rebel, Nuffield Health and Fitness First, 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 |
Investment and holding company
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| domain | founded_year | HQ Location |
Chain of health and fitness clubs
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| domain | founded_year | HQ Location |
Standalone fitness gym centers are operated in London, United Kingdom.
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| domain | founded_year | HQ Location |
Chain of multispeciality hospitals, gyms, and wellness centers
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| domain | founded_year | HQ Location |
A chain of fitness clubs is operated by Fitness First.
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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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Frequently Asked Questions about Third Space London
When was Third Space London founded?
Third Space London was founded in 1999 and raised its 1st funding round 24 years after it was founded.
Where is Third Space London located?
Third Space London is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Third Space London a funded company?
Third Space London is a funded company, having raised a total of $108.29M across 1 funding round to date. The company's 1st funding round was a Series D of $108.29M, raised on Sep 25, 2023.
What does Third Space London do?
Third Space London was established in 1999 as a provider in the health and fitness sector. A network of clubs is maintained across London, United Kingdom, where various fitness programs, wellness services, and exercise facilities are offered to members. Operations focus on urban locations to support community-based physical activities, with emphasis placed on accessible gym and training options without expansion beyond the region.
Who are the top competitors of Third Space London?
Third Space London's top competitors include Virgin, David Lloyd Leisure and 1Rebel.
Who are Third Space London's investors?
Third Space London has 3 investors. Key investors include OakNorth Bank, Searchlight Capital, and KSL Capital Partners.