About Wetsuit Outlet
Wetsuit Outlet is a company based in Shoeburyness (United Kingdom) founded in 2003.. Wetsuit Outlet has raised $6.51 million across 1 funding round from investors including Mobeus Equity Partners. The company has 73 employees as of March 31, 2022. Wetsuit Outlet operates in a competitive market with competitors including Canoe and Kayak Store, Windjunkie, Hydro Thrills, Whitewater the Canoe Centre and Escape Watersports, among others.
- Headquarter Shoeburyness, United Kingdom
- Employees 73 as on 31 Mar, 2022
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name B2c Distribution Ltd
- Date of Incorporation 06 Jan, 2004
- Jurisdiction SOUTHEND ON SEA, ESSEX
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Annual Revenue
$32.21 M (USD)-6as on Mar 31, 2022
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Net Profit
$1.51 M (USD)-36as on Mar 31, 2022
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EBITDA
$1.53 M (USD)-39as on Mar 31, 2022
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Total Equity Funding
$6.51 M (USD)
in 1 rounds
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Latest Funding Round
$6.51 M (USD), Series A
Jul 25, 2017
- Investors
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Employee Count
73
as on Mar 31, 2022
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Funding Insights of Wetsuit Outlet
Wetsuit Outlet has successfully raised a total of $6.51M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.51 million completed in July 2017. 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 A — $6.5M
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First Round
First Round
(25 Jul 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Series A - Wetsuit Outlet | 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 Wetsuit Outlet
Wetsuit Outlet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mobeus Equity 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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Venture capital investments are directed toward multiple sectors.
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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 Wetsuit Outlet
| 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 - Wetsuit Outlet
| 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 |
Wetsuit Outlet Comparisons
Competitors of Wetsuit Outlet
Wetsuit Outlet 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 Canoe and Kayak Store, Windjunkie, Hydro Thrills, Whitewater the Canoe Centre and Escape Watersports, 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 |
Canoe and Kayak Store retails water sports equipment.
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| domain | founded_year | HQ Location |
Operates an e-commerce store specializing in wave sailing products.
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| domain | founded_year | HQ Location |
Sells hydrofoil bikes and accessories online for water sports activities.
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| domain | founded_year | HQ Location |
Operates an ecommerce platform specializing in watersport accessories.
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| domain | founded_year | HQ Location |
Online retailer selling watersports equipment, clothing, accessories, and safety gear.
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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 Wetsuit Outlet
When was Wetsuit Outlet founded?
Wetsuit Outlet was founded in 2003 and raised its 1st funding round 14 years after it was founded.
Where is Wetsuit Outlet located?
Wetsuit Outlet is headquartered in Shoeburyness, United Kingdom.
Is Wetsuit Outlet a funded company?
Wetsuit Outlet is a funded company, having raised a total of $6.51M across 1 funding round to date. The company's 1st funding round was a Series A of $6.51M, raised on Jul 25, 2017.
How many employees does Wetsuit Outlet have?
As of Mar 31, 2022, the latest employee count at Wetsuit Outlet is 73.
What is the annual revenue of Wetsuit Outlet?
Annual revenue of Wetsuit Outlet is $32.21M as on Mar 31, 2022.
What does Wetsuit Outlet do?
Wetsuit Outlet is an online retailer of branded sports and outdoor goods. Its catalog includes apparel, equipment, and accessories catering to activities such as sailing, kayaking, and triathlon. It also sells fashion apparel and accessories for men, women, and kids. The company has more than 100K products in stock of about 70 brands. It has shipped more than 600K orders to about 160 countries globally. It claims to be the largest supplier of watersports clothing and equipment in Europe.
Who are the top competitors of Wetsuit Outlet?
Wetsuit Outlet's top competitors include Canoe and Kayak Store, Windjunkie and Hydro Thrills.
Who are Wetsuit Outlet's investors?
Wetsuit Outlet has 1 investor. Key investors include Mobeus Equity Partners.