Wiggle

Portsmouth, United Kingdom Founded: 1999 • Age: 27 yrs Acquired By Frasers Group
Sports cycles, running, swimming, and outdoor goods are retailed online.
Annual revenue $366.6M Latest available
Total funding $22.7M 1 rounds
Employees 654 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Wiggle

Wiggle is a company based in Portsmouth (United Kingdom) founded in 1999 by Mitch Dall and Harvey Jones was acquired by Frasers Group in March 2024. Wiggle has raised $22.71 million across 1 funding round from investors including Bridgepoint Capital, Frasers Group and Livingbridge. The company has 654 employees as of September 30, 2021. Wiggle has completed 1 acquisition, including Bike24. Wiggle operates in a competitive market with competitors including Signa Sports United, SportsShoes, Surfdome, The Sports Edit and Maudesport, among others.

  • Headquarter Portsmouth, United Kingdom
  • Employees 654 as on 30 Sep, 2021
  • Founders Mitch Dall, Harvey Jones
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wiggle Limited
  • Date of Incorporation 03 Dec, 1991
  • Jurisdiction LONDON
Operational Areas
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $366.63 M (USD)
    -8
    as on Sep 27, 2020
  • Net Profit
    -$20.79 M (USD)
    59
    as on Sep 27, 2020
  • EBITDA
    Not available
  • Total Equity Funding
    $22.71 M (USD)

    in 1 rounds

  • Latest Funding Round
    $22.71 M (USD), Private Equity Round

    Jul 01, 2006

  • Investors
  • Employee Count
    654

    as on Sep 30, 2021

  • Investments & Acquisitions
  • Acquired by
    Frasers Group

    & 2 more

    (Mar 04, 2024)

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People of Wiggle

Headcount 200-500
Employee Profiles 8
Employee Profiles
People
Sacha Lategan
Wiggle & Chain Reaction Cycles Nordics Country Manager
People
Goutham Nandappa
Paid Search Marketing Executive
People
Joana Cardoso
Online Marketing Manager- North America & ROW
People
Fergus O'Loughlin
Retired

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Funding Insights of Wiggle

Wiggle has successfully raised a total of $22.71M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $22.71 million completed in July 2006. 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.

Investors in Wiggle

Wiggle has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Bridgepoint Capital, Frasers Group and Livingbridge.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Livingbridge is engaged in mid-market private equity investments.
Locked Locked Locked
Middle-market businesses up to €1 billion are acquired pan-Europe.
Locked Locked Locked
Retailer of sports products
Locked Locked Locked
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Investor details for Wiggle

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Investments & Acquisitions by Wiggle

Wiggle has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bike24.

Investments
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Investment portfolio details for Wiggle

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Sports cycling components and equipment are retailed online across Europe.
Locked Locked 2002 Locked
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Complete acquisition details for Wiggle

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Financial Statements - Wiggle

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Detailed financials for Wiggle

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Wiggle Comparisons

Wiggle Primary company
Description
Sports cycles, running, swimming, and outdoor goods are reta...
Location
Portsmouth, United Kingdom
Founded Year
1999
Annual Revenue
$366.63 M (USD)
Net Profit
-$20.79 M (USD)
EBITDA
Not available
Employees
654
As of 2021
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Peer comparison for Wiggle

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Competitors of Wiggle

Wiggle 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 Signa Sports United, SportsShoes, Surfdome, The Sports Edit and Maudesport, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Operates an e-commerce store for indoor and outdoor sports equipment.
Locked Locked Locked
Manages an e-commerce store specializing in sportswear and accessories.
Locked Locked Locked
Action sports and lifestyle products are retailed online by Surfdome.
Locked Locked Locked
Sportswear for men and women is retailed online.
Locked Locked Locked
Provides sports equipment for education, recreation, and physical activities.
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Detailed competitors of Wiggle

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Latest news on Wiggle

Frasers purchases bike retailer Wiggle
Proactiveinvestors2 years ago
Wiggle’s unsecured creditors owed £26.7m
Retailgazette2 years ago
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Complete news archive for Wiggle

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Frequently Asked Questions about Wiggle

Wiggle was founded in 1999 and raised its 1st funding round 7 years after it was founded.

Wiggle is headquartered in Portsmouth, United Kingdom.

Wiggle is a funded company, having raised a total of $22.71M across 1 funding round to date.

As of Sep 30, 2021, the latest employee count at Wiggle is 654.

Annual revenue of Wiggle is $366.63M as on Sep 27, 2020.

Wiggle is an online retailer of sports cycles, running, swimming, triathlon and outdoor goods. Their website is translated across multiple international languages including French, Spanish, Japanese, German, Italian, Dutch, Russian and Chinese. They provide deliveries to over 100 different countries and accept payment in ten different currencies Mitch Dall and Harvey Jones started this internet cycling retailer in 1999. In 2004, they launched their own brands cycle. ISIS Equity partners took a 42 stake in Wiggle in 2006 and later sold to Bridgepoint in 210 million deal in 2011.

Wiggle's top competitors include Surfdome, The Sports Edit and KIT RADAR.

Wiggle has made 1 acquisition, including Bike24.

Wiggle has 4 investors. Key investors include Bridgepoint Capital, Frasers Group, Livingbridge, and Signa Sports United.

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