How Much Did Soho House Raise? Funding & Key Investors

Soho House has successfully raised funding over 7 rounds, with the latest being a Post-IPO Debt round. The company is backed by 6 investors, including Morse Ventures and MCR.

Keep reading to explore the intricacies of Soho House's fundraising journey and the investors backing this unique private members' club.

What Is Soho House?

Soho House, founded in London, England, is a private members' club catering to individuals in the creative industries. The company operates globally, with locations in cities such as Los Angeles, Ibiza, and Berlin.

With a workforce of 5001-10000 employees, Soho House offers a range of amenities, including gyms, spas, pools, and restaurants. Members benefit from access to 48 houses in 19 countries and over 300 monthly events and experiences.

How Much Funding Has Soho House Raised?

1. Post-IPO Equity
   • Amount Raised: Not publicly disclosed
   • Date: January 2025
   • Lead Investors: Third Point
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support ongoing growth and expansion efforts.
2. Private Equity
   • Amount Raised: USD 100,000,000
   • Date: October 2019
   • Lead Investors: Simon Property Group
   • Valuation at Round: USD 2,000,000,000
   • Motivation Behind the Round: To expand its chain of hotels and private members' clubs globally.
3. Debt Financing
   • Amount Raised: GBP 375,000,000
   • Date: April 2017
   • Lead Investors: Permira Credit
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To refinance existing debt and support expansion plans.
4. Debt Financing
   • Amount Raised: Not publicly disclosed
   • Date: January 2013
   • Lead Investors: Permira Credit
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support operational growth and new projects.
5. Private Equity
   • Amount Raised: GBP 15,000,000
   • Date: April 2005
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand the business and open new locations.

Total Amount Raised: USD 100,000,000 + GBP 375,000,000 + GBP 15,000,000

Current Valuation: USD 2,000,000,000

Key Investors

• Third Point
  • Details: Third Point is a hedge fund founded by Daniel S. Loeb, known for its activist investing strategies.
  • Investment Focus Areas: Technology, healthcare, consumer goods
  • Notable Investments: Sony, Nestlé, Campbell Soup Company
• Simon Property Group
  • Details: Simon Property Group is a real estate investment trust (REIT) and the largest shopping mall operator in the U.S.
  • Investment Focus Areas: Retail, real estate, hospitality
  • Notable Investments: Taubman Centers, J.C. Penney, Forever 21
• Permira Credit
  • Details: Permira Credit is a global investment firm focused on private equity and credit.
  • Investment Focus Areas: Technology, consumer, healthcare
  • Notable Investments: Dr. Martens, Allegro, Klarna
• Ron Burkle’s Yucaipa Companies
  • Details: Yucaipa Companies, founded by billionaire Ron Burkle, acquired a majority stake in Soho House in 2012.
  • Investment Focus Areas: Technology, hospitality, sports franchises
  • Notable Investments: Airbnb, Uber, NHL’s Pittsburgh Penguins
• Raycliff Capital
  • Details: Raycliff Capital, founded by entrepreneur Bippy Siegal, focuses on high-growth investment opportunities.
  • Investment Focus Areas: Real estate, hospitality, high-growth sectors
  • Notable Investments: Specific notable investments are not detailed.

What's Next for Soho House?

Soho House is poised for significant growth, with plans to double its global network of private members' clubs and hotels. New venues in cities like Paris, Austin, and Mykonos highlight the vast opportunities ahead. The launch of "Soho Works," a global workspace chain, further diversifies their offerings and taps into the growing demand for co-working spaces.

Future fundraising efforts will likely be necessary to support these ambitious expansion plans. However, challenges such as managing substantial debt and differentiating "Soho Works" from competitors like WeWork could pose hurdles. Despite these challenges, the company's strong membership growth and diversified services position it well for continued success.

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