About Worthy Wax
Worthy Wax is a company based in Newcastle Upon Tyne (United Kingdom) founded in 2021. It operates as a D2C. Worthy Wax offers products and services including Scented Candles, Wax Melts, Workshops, and E-Gift Cards. Worthy Wax operates in a competitive market with competitors including EVA Candles, Homewick, Midnight Scents, Annex Accessories and Peacock Handmade, among others.
- Headquarter Newcastle Upon Tyne, United Kingdom
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name The Worthy Wax Company Limited
- Date of Incorporation 04 Jan, 2021
- Jurisdiction GATESHEAD, UNITED KINGDOM
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Annual Revenue
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Products & Services of Worthy Wax
Worthy Wax offers a comprehensive portfolio of products and services, including Scented Candles, Wax Melts, Workshops, and E-Gift Cards. 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.
Luxury candles with various fragrances for home ambiance enhancement
Fragrant melts for easy scent diffusion in living spaces
Hands-on sessions for learning candle-making techniques
Electronic cards for purchasing company products online
Funding Insights of Worthy Wax
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Worthy Wax
| 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 - Worthy Wax
| 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 |
Worthy Wax Comparisons
Competitors of Worthy Wax
Worthy Wax 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 EVA Candles, Homewick, Midnight Scents, Annex Accessories and Peacock Handmade, 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 |
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| domain | founded_year | HQ Location |
Produces luxury scented soy wax candles and gift sets for online sale.
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An e-commerce platform selling multi-category scented candles and accessories.
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Hand-made soy wax candles and wax melts with wooden wicks for home scents.
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| domain | founded_year | HQ Location |
Offers handmade candles, fragrances, and home products via online sales.
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| domain | founded_year | HQ Location |
Produces handmade vegan candles, wax melts, and gifts from sustainable materials.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Worthy Wax
When was Worthy Wax founded?
Worthy Wax was founded in 2021.
Where is Worthy Wax located?
Worthy Wax is headquartered in Newcastle Upon Tyne, United Kingdom.
What does Worthy Wax do?
Worthy Wax, based in Newcastle upon Tyne, UK, creates high-quality scented candles and wax melts using premium ingredients. They offer various fragrances through online sales and workshops, emphasizing craftsmanship. A portion of profits is donated to Trussell Trust Foodbanks, allowing customers to select recipients for community support. The company combines luxury products with social impact initiatives.
Who are the top competitors of Worthy Wax?
Worthy Wax's top competitors include EVA Candles, Homewick and Midnight Scents.
What products or services does Worthy Wax offer?
Worthy Wax offers Scented Candles, Wax Melts, Workshops, and E-Gift Cards.
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