THG

About

THG is an online retailing platform focused on fast moving consumer goods, particularly in the health and beauty industries.

Manchester,Manchester,United Kingdom
1001 - 5000
https://www.thg.com

Highlights

Details

Last Funding Type: Debt Financing
Last Funding Money Raised: £195M
Industries: Beauty,E-Commerce,Fashion,Fast-Moving Consumer Goods,Retail
Founded date: Jan 1, 2004
Number Of Employee: 1001 - 5000
Operating Status: Active
Stock Symbol: lse:THG
Legal Name: The Hut.com Ltd.
Also Known As: THG Holdings,The Hut Group

The Hut Group is an online retailing platform focused on fast moving consumer goods, specifically focused on health and beauty.

Built on a foundation of industry-leading technology, a world-class team and a scientific approach to building global brands, The Hut Group are fast becoming the world’s most influential online retail organization.

A true Northern Powerhouse near Manchester, THG operates over 100 high-profit websites that sell premium, non-perishable FMCG direct to consumer to the fast growing, global Health and Beauty markets via the company's in-house technology and operating platform.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

19

£4.16B $2B

THG has raised a total of £4.16B $2B in funding over 2 rounds. Their latest funding was raised on Oct 18, 2022 from a Post-IPO Secondary round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 18, 2022	Post-IPO Secondary	£31M	2	FIC Shareco Ltd. Qatar Investment Authority	—	Detail
May 11, 2021	Post-IPO Equity	$1B	1	SoftBank Vision Fund	—	Detail
Sep 16, 2020	IPO	£1.88B	—	—	—	Detail
Dec 16, 2019	Private Equity（PE）	£66M	2	BlackRock Innovation Capital Sofina	—	Detail
Dec 16, 2019	Debt Financing	£764M	2	Barclays Corporate Banking HSBC Bank	—	Detail

Investments

Number of Investments

Number of Lead Investments

4

2

THG has made 4 investments. Their most recent investment was on Nov 21, 2017, when Overclock Labs, creators of Akash Network raised $1.31M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 21, 2017 Overclock Labs, creators of Akash Network	Seed	$1.31M	Cloud Infrastructure	—
Dec 23, 2016 CookUnity	Seed	$1M	Consumer Applications	Yes
Dec 6, 2016 Menlo Micro	Series A	$33.50M	Consumer Electronics	—
Feb 1, 2015 CookUnity	Seed	$300K	Consumer Applications	Yes

Investors

Number of Lead Investors

Number of Investors

15

18

THG is funded by 18 investors. FIC Shareco Ltd. and Qatar Investment Authority are the most recent investors.

Investor Name	Lead Investor	Funding Round
FIC Shareco Ltd.	Yes	Post-IPO Secondary
Qatar Investment Authority	Yes	Post-IPO Secondary
SoftBank Vision Fund	Yes	Post-IPO Equity
BlackRock Innovation Capital	Yes	Private Equity（PE）
Sofina	Yes	Private Equity（PE）
Barclays Corporate Banking	Yes	Debt Financing
HSBC Bank	Yes	Debt Financing
Merian Global Investors	Yes	Private Equity（PE）
Kohlberg Kravis Roberts	Yes	Private Equity（PE）
Lewis Trust Group	Yes	Series Unknown

Employee Profiles

Number of Employee Profiles

20

THG has 20 current employee profiles, including Board member Richard Pennycook

Board member

Board member

Executive

Executive

Executive

Acquisition

THG has acquired 22 organizations. Their most recent acquisition was Iwantoneofthose.com on Aug 12, 2010. They acquired Iwantoneofthose.com for 0.

Date Company Name	Industry	Acquisition Type	Price
Aug 12, 2010 Iwantoneofthose.com	Shopping	acquisition	—	Detail
Aug 12, 2010 Confetti	Event Management	acquisition	—	Detail
Jun 1, 2011 Myprotein Group	Dietary Supplements	acquisition	£ 60M	Detail
Jan 29, 2013 ProBikeKit	Cycling	acquisition	—	Detail
Jun 1, 2015 Pop In A Box	Gift	acquisition	—	Detail