When was THG founded?

THG was founded in 2004 and raised its 1st funding round 5 years after it was founded.

Where is THG located?

THG is headquartered in Manchester, United Kingdom. It is registered at Northborough, Massachusetts.

Which legal entities is THG associated with?

THG is associated with The Hut.com Limited and 2 others.

How many employees does THG have?

As of Sep 30, 2026, the latest employee count at THG is 3855.

Is THG a funded company?

THG is a funded company, having raised a total of $723M across 25 funding rounds to date. The company's 1st funding round was a $2.7M Seed round, raised on Sep 21, 2009.

When was the latest funding round of THG?

THG's latest funding was a $116M Post IPO round on Mar 25, 2025, with participation from 0 investor.

What is the annual revenue of THG?

Annual revenue of THG is between £500M and £1B as on Dec 31, 2022

Is THG a Brands Tech company?

The primary sectors of THG are Brands Tech and Horizontal E-Commerce.

Where does THG rank among its competitors?

THG ranks 5th amongst 834 active competitors, of which 19 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Etsy, which secured $650M in Jun, 2025.

Who are the top competitors of THG?

THG's top competitors include Amazon, Etsy and eBay. Among them, Etsy secured the most recent funding round in June, 2025.

THG - 2026 Company Profile, Team, Funding, Competitors & Financials

THG is a public company based in Manchester (United Kingdom), founded in 2004 by John Gallemore. It operates as a Platform acquiring digital consumer brands. THG has raised $723M in funding from investors like BlackRock, Sofina and Balderton Capital. The company has 834 active competitors, including 19 funded and 28 that have exited. Its top competitors include companies like Amazon, Etsy and eBay.

Sectors and market segments that THG operate in

THG serves in the Retail market segments.The primary business model of THG are:

Company Details

Platform acquiring digital consumer brands. The company provides in-house technology and operating platform enabling end-to-end digital commerce, digital and data infrastructure, marketing solutions, and SaaS-based solutions for brands across health, nutrition, fashion, electronics, and more.

Website: www.thg.com/
Social
Email ID: *****@thg.com
Registered Address: Northborough, Massachusetts

Key Metrics

Founded Year

2004

Location

Manchester, United Kingdom

Stage

Public

Total Funding

$723M in 25 rounds

Latest Funding Round

Post IPO, Mar 25, 2025, $116M

Investors

BlackRock & 54 more

Ranked

5^th among 834 active competitors

Annual Revenue

£500M - £1B as on Dec 31, 2022

Employee Count

3,855 as on Sep 30, 2026

Investment & Acquisitions

Hello Soju & 40 more

Similar Companies

eBay & 14398 more

Exit Details

Public

View THG's full profile

THG is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
THE HUT.COM LIMITED CIN: "05016010 , Vanuatu, Active	Jan 14, 2004	£500M - £1B (As on Dec 31, 2022)	-	-
The Hut.com Limited CIN: 5016010 , Germany, Active	Jan 14, 2004	-	5699 (As on Dec 31, 2021)
THG CORPORATION CIN: 41452590 , United States, Active	Dec 26, 999	-	126 (As on Dec 31, 2017)	-

THG got listed on Sep 16, 2020.

Click here to take a look at THG's IPO in detail

THG has raised a total funding of $723M over 25 rounds. Its first funding round was on Sep 21, 2009. THG has 32 institutional investors and 23 angel investors.

Here is the list of recent funding rounds of THG:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 25, 2025	$116M	Post IPO	-	-	-	-
Oct 11, 2024	$125M	Post IPO	-	-	-	Frasers Group
May 11, 2021	$1B	Post IPO	-	-	-	SoftBank Group

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View details of THG's funding rounds and investors

The founders of THG is John Gallemore.

Here are the details of THG's key team members:

John Gallemore: Co-Founder of THG and founder of 2 other companies, Lookfantastic and Lookfantastic. They serve on the board of 1 company.
Contact Info: 1 email address

THG's Board of Directors

THG's board has 5 active members. Matthew Moulding, John Gallemore, James Pochin and Viki Tahmasebi are part of team and James Patrick Pochin is independent board member.

Here is the list of THG's board of directors:

Name	Type	Representing	Status	Duration
John Gallemore	Team	-	Current	6y 4m
Matthew Moulding	Team	-	Current	18y 3m
James Pochin	Team	-	Current	15y 1m
Viki Tahmasebi	Team	-	Current	7y 7m
Andrew Duckworth	Team	-	Past	2y 10m
Darren Rajanah	Team	-	Past	3y 1m
Paul Meehan	Team	-	Past	0y 9m
James Patrick Pochin	Independent board member	-	Current	8y 6m
Mohammed Arif	Independent board member	-	Past	0y 9m
Louise Aukland	Independent board member	-	Past	2y 7m
Joanne Elizabeth Higgins	Independent board member	-	Past	0y 0m
James Lowery	Independent board member	-	Past	0y 5m
Keith Marcus Westhead	Independent board member	-	Past	1y 0m
Pamela Pike	Independent board member	-	Past	0y 0m

View details of THG's Founder profiles and Board Members

THG's employee count trend

THG has 3,855 employees as of Sep 26. Here is THG's employee count trend over the years:

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Top competitors of THG include Amazon, Etsy and eBay. Here is the list of Top 10 competitors of THG, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Amazon 1994, Seattle (United States), Public	Online marketplace and cloud computing provider	$8M	Kleiner Perkins, Capital City Trust Company ... & 50 others	87/100
2nd	Etsy 2005, Dublin (Ireland), Public	Online marketplace offering multi-category products from independent designers	$98M	Accel, Union Square Ventures & 24 others	84/100
3rd	eBay 1995, San Jose (United States), Public	Online retailer of electronics, cars, fashion, collectibles, sports, and more	-	Elliott Management, Starboard Value & 10 others	79/100
4th	Zulily 2009, Seattle (United States), Acquired	Online shopping platform using flash sales	$135M	Meritech, August Capital & 5 others	73/100
5th	THG 2004, Manchester (United Kingdom), Public	Platform acquiring digital consumer brands	$723M	Merian Global Investors, 2B Global & 53 others	72/100
6th	Very 2009, Liverpool (United Kingdom), Unfunded	Online retailer of multi-category consumer products	-	-	68/100
7th	Groupon 2007, Chicago (United States), Public	Online marketplace offering deals on multi-category products and services	$980M	Silver Lake, TCV & 29 others	68/100
8th	Recharge.com 2012, Nijmegen (Netherlands), Acquired	Online retailer of mobile top-ups, gift cards, and payment cards	$60.3M	Prime Ventures, SmartFin & 3 others	64/100
9th	Argos 1973, Milton Keynes (United Kingdom), Acquired	Online retailer offering multi-category products	-	-	59/100
10th	SellerX 2020, Meerbusch (Germany), Series B	Provider of brand acquisition and management services for amazon-based retailers	$830M	Sofina, TriplePoint Capital & 27 others	58/100

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THG has made 3 investments in companies including Hello Soju and Secret Sales. THG has also acquired 38 companies including Biossance and Morvelo.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 03, 2025	Investments	Hello Soju	2021	Los Angeles (United States)
Dec 05, 2023	Acquisition	Biossance	2003	San Francisco (United States)
May 03, 2023	Investments	Secret Sales	2007	London (United Kingdom)